20022 Labs is a global membership organization committed to driving awareness and adoption of ISO 20022-based payment messaging standard.
Our vision is to achieve a globally recognized data rich payment infrastructure. We believe that adding context to payment transactions increases a company’s efficiency, competitive advantage and customer loyalty.
We provide our members and the community access, information and education they’ll need to make informed decisions to accelerate their company’s leadership position and ability to influence the definitions of this standard .
Why is ISO 20022 adoption so vital?
To achieve our vision, the world needs more data inside of payment messages, and ISO 20022 is by far the most likely achieve it.
Here are the six key areas of focus to support the full adoption cycle of ISO 20022:
We work with a global community of end-user businesses and solutions vendors, demonstrating the commercial benefits of ISO 20022 adoption, and supporting the development of laws and rules.
We both support and undertake research on the economic opportunity and factors for implementation success while creating, curating, and delivering content and education.
We will seize opportunities to support the interoperability of payment systems through ISO 20022 implementation –both domestically and across borders.
Providing education and consulting services
We will provide the services needed to help organizations build the capabilities and business cases that will advance the adoption of ISO 20022.
Evaluating and Certifying
We will evaluate and certify the tools, technologies, and capabilities to support adoption and accelerate ROI.
Establishing real-world ‘sandbox’ environments
The cornerstone of the lab is a sandbox for testing, evaluating, developing and inventing ISO 20022-enabled services within various real-world environments.