OK thanks. I was trying to find out if Truist Bank was one of them; they are among the 10 largest banks in America right now. Can't seem to find that information... although when I go to their website, it's up and running and says nothing about being down for maintenance.
I just searched the web, could find if they went down. I think they're staggering it. March 2023 all banks have to accept ISO 20022 payments and by 2025 all banks need to be fully ISO 20022 compliant
So what does ISO 2022 Compliant really mean? Digital currency? Social credits? I'm not familiar with that ISO stuff except in the engineering world where everyone was adopting ISO engineering standards back before the turn of this century.
https://twitter.com/Rohitku24694375/status/1593873403836239873?s=20&t=ffQI2W53yp1sI2bjhMASiA
It's people informally posting screen caps on twitter.
OK thanks. I was trying to find out if Truist Bank was one of them; they are among the 10 largest banks in America right now. Can't seem to find that information... although when I go to their website, it's up and running and says nothing about being down for maintenance.
I just searched the web, could find if they went down. I think they're staggering it. March 2023 all banks have to accept ISO 20022 payments and by 2025 all banks need to be fully ISO 20022 compliant
So what does ISO 2022 Compliant really mean? Digital currency? Social credits? I'm not familiar with that ISO stuff except in the engineering world where everyone was adopting ISO engineering standards back before the turn of this century.
It’s the new messaging world stand banks will use to talk to each other.
https://en.m.wikipedia.org/wiki/ISO_20022
Basically any messaging system that is ISO 20022 compliant can be used by a bank to send information to each other.
Basically instead of using SWIFT banks will use ISO 20022 compliant tech.
Here’s a list of cryptos that are ISO20022 compatible. Check PAGE 17:
https://www3.weforum.org/docs/WEF_Getting_Started_Cryptocurrency_2021.pdf
The company that utilizes XRP is called Ripple, they’re currently being sued by the SEC because they say XRP is a security.