The world of banking and payments is filled with messaging formats. MT, MX, BAI, PAIN…deciphering them can feel like navigating a linguistic maze. Each format speaks its own “language,” creating complexity and inefficiencies for treasury teams trying to establish seamless connectivity. This session will explore why these formats exist, how they differ, and how to translate and integrate multiple formats to create more integrated, automated systems. We’ll also share insights into industry trends and shifts, including ISO 20022 adoption and its long-term impact on treasury and payments, to help you prepare for the future.
Attendees will leave this session with:
- A foundational understanding of major messaging standards like MTs, BAIs, ISO 20022, and Pain.001, including their use cases.
- Strategies to translate and integrate multiple formats seamlessly within your treasury environment.
- Information on how to embrace automation through tools and aggregators that can simplify messaging, reduce errors, and enhance global connectivity.