I'm also working on a payment gateway and already have around 3 years of experience with ISO8583, but not with ISO20022. That's indeed pretty impressive how you explained the structure with such details. Hats off, sir!
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
Finally, someone who can intelligently teach and explain all aspects of ISO 20022, taking us to a deeper understanding. Could you elaborate on the role of LEI’s and if we will see a. integration with cryptocurrencies within this evolving standard, especially in the context of the growing demand for instant payments?
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
And I don't meen that ignorantly .. but banks around the world won't be able to choose to opt out .. they would be shut out from the system & lose money hand over fist because of it. Sure it will take time for all platforms rlto switch over. But it's in their best interest financially to make the switch asap😊
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
You did a great job explaining the subject, and I appreciate the effort you made to go into detail on this kind of subject. please share your LinkedIn profile
ISO 20022 is a global financial messaging standard that provides a common language and syntax for financial messages, enabling interoperability and automated processing of financial transactions across different systems and networks. The adoption of ISO 20022 is expected to bring benefits such as enhanced interoperability, improved straight-through processing, increased efficiency, and better data quality. However, the migration to ISO 20022 is a complex process that requires significant investments in technology, training, and testing.
Thanks saurabh for informative session it was very clear and easy to understand. One request if possible can you please cover some case study with different scenarios
Hi Pallavi , Thank you so much for joining the Channel. please and me a message on mail mentioned in the channel page or LinkedIn . We can catch up on Saturday if that works for you.
University have sent me the swift copy my refund on dated 13/01/2023 but till now my nominated account are unable to receive my payment. so please kindly till track my account details.where is my refund are stuck or delayed
Actually I have one doubt .. so I understood that Swift MT messages are moving to Swift MX messages and the format is called iso200022 which u explained with business , logic and xml tags .. but I am not getting whn u say iso 8583 is legacy messgaed does that mean it is referrign to old MT messges or ISO 8583 are different set all togethr ..
Messages can be sent in various standards like ISO8583 , ISO15022 or ISO20022. Message type indicator or MTI , bitmap and data elements constitute a particular message type in ISO8583 MT series are SWIFT messaging standards for payments. SWIFT uses ISO15022 as well. SWIFT is the registration authority for ISO15022. In true sense , ISO20022 will replace ISO15022
He will understand it better this way ISO 8583 and MT messages are two different messaging formats used for financial transactions. ISO 8583 is a widely used messaging standard for electronic payment transactions, while MT messages are used in the SWIFT network for international financial transactions. ISO 8583 is considered a legacy messaging format because it has been used for many years, but it is still widely used and is considered reliable and secure for electronic payment transactions.
Hello, you explain very well the ISO20022 precedures, please tell me what is the point of Qnt in this ecosystem? Please tell me what is the point of XRP in this ecosystem? Thnx 🙏
The first step is to understand ISO 20022 and how to take advantage of its advantages; watch our videos to get a better understanding of this. If you are looking for the best investment and that is xlm and XRP , these are the major compliant coin that are certified!
@@nemohydro6969 XRP is a digital currency created by Ripple that is used to facilitate fast and low-cost cross-border payments. Its primary purpose is to provide an alternative to traditional payment methods, such as SWIFT, which can be slow, expensive, and complex. By using XRP, financial institutions can achieve faster settlement times and lower costs.
XRP is a digital currency that can help make cross-border payments more secure and transparent. Its decentralized nature and features like escrow, multisignature, and payment channels can reduce the risk of fraud and error in cross-border payments. Additionally, XRP's transparent ledger enables real-time tracking of funds, which can increase efficiency and reduce the risk of discrepancies. However, there are still challenges to be addressed in using XRP for cross-border payments, and its potential benefits depend on factors like adoption and competition from other digital currencies.
I'm also working on a payment gateway and already have around 3 years of experience with ISO8583, but not with ISO20022. That's indeed pretty impressive how you explained the structure with such details. Hats off, sir!
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
You need to start secure all your assets with the QFS as recommend.
Excellant.. that was actually a nice start of the protocol and a great explanation of pacs.008.
Superb Video Thanks a lot
Excellent narrative. Wish you cover more topics.
Great contents and intro. Helps me a lot. Cheers.
Thank you so much sir , very helpful video.
Nice info
Useful video, Saurabh. Thanks!
one concern: How I can create dummy request & which tool can be used to test (like postman..) Please advise!. TIA.
Great content, very educative and the explanation is very pedagogic. Many thanks, keep going.
it is very informative session and thanks for creating and posting this video for everyone's benefit
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
Hello, do you have any video on SEPA RTP payments and messages?
Young Dorothy Williams Joseph Wilson Dorothy
Finally, someone who can intelligently teach and explain all aspects of ISO 20022, taking us to a deeper understanding. Could you elaborate on the role of LEI’s and if we will see a. integration with cryptocurrencies within this evolving standard, especially in the context of the growing demand for instant payments?
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
You need to start purchasing your Xlm and Xrp and start secure your assets with the QFS as recommend.
Very informative 💪🏻🔥
Thanks
Thank you 🙏🏽 your support means a lot !
And I don't meen that ignorantly .. but banks around the world won't be able to choose to opt out .. they would be shut out from the system & lose money hand over fist because of it. Sure it will take time for all platforms rlto switch over. But it's in their best interest financially to make the switch asap😊
the recommendation have been made that everyone should switch into the digital assets by buying and holding your xlm and xrp and security and also request for your QFS card for your coin withdrawal.
You need to start purchasing your Xlm and Xrp and start secure your assets with the recommended Qfs as recommended.
You did a great job explaining the subject, and I appreciate the effort you made to go into detail on this kind of subject. please share your LinkedIn profile
Thankyou for this - really helpful information and summary
How is it different from ISO 8583?
Very different ! Structure wise
Great video! Thank you so much from Kazakhstan =)
Thank you 👍
Thanks for video anyone here who is business analyst ?
Good video. Thanks for the Explanation about this topic. It helps to understand the topic.
XRP XLM
HBAR ?
Great video thanks a lot .Can I know what protocol is the MX used for transfer
Appreciate this in depth on ISO 20022. 👍
ISO 20022 is a global financial messaging standard that provides a common language and syntax for financial messages, enabling interoperability and automated processing of financial transactions across different systems and networks. The adoption of ISO 20022 is expected to bring benefits such as enhanced interoperability, improved straight-through processing, increased efficiency, and better data quality. However, the migration to ISO 20022 is a complex process that requires significant investments in technology, training, and testing.
Thanks for the information 👍🏼
Wonderful explanation ..!!!
Informative, Thanks Sir
thank you
Thanks saurabh for informative session it was very clear and easy to understand. One request if possible can you please cover some case study with different scenarios
I cnt understand the XML 3rd point.
XML is a language in which you can design a message or a data structure so that it can be transmitted further . This is one of the use cases though
😮 0:16
Hello Saurabh, GM. Would like to have connect with you on call? Can it be possible this week.
Hi Pallavi , Thank you so much for joining the Channel. please and me a message on mail mentioned in the channel page or LinkedIn . We can catch up on Saturday if that works for you.
Greetings patriot
how are you doing today..
hope you staying safe and following up on the recent recommended?
Awesome! Very nicely explained Thanks!
Thanks a ton....Saurabh...
Very useful
Can We get an example of pacs008 message comparing with MT103
Verymuch simplified and explained, Thanks a lot! 🙂
Hello,
How i can get CBPR plus certificate.
University have sent me the swift copy my refund on dated 13/01/2023 but till now my nominated account are unable to receive my payment.
so please kindly till track my account details.where is my refund are stuck or delayed
What do you think caused this situation?
Very informative. Thank you.
Actually I have one doubt .. so I understood that Swift MT messages are moving to Swift MX messages and the format is called iso200022 which u explained with business , logic and xml tags .. but I am not getting whn u say iso 8583 is legacy messgaed does that mean it is referrign to old MT messges
or ISO 8583 are different set all togethr ..
Messages can be sent in various standards like ISO8583 , ISO15022 or ISO20022. Message type indicator or MTI , bitmap and data elements constitute a particular message type in ISO8583
MT series are SWIFT messaging standards for payments. SWIFT uses ISO15022 as well. SWIFT is the registration authority for ISO15022. In true sense , ISO20022 will replace ISO15022
He will understand it better this way
ISO 8583 and MT messages are two different messaging formats used for financial transactions. ISO 8583 is a widely used messaging standard for electronic payment transactions, while MT messages are used in the SWIFT network for international financial transactions. ISO 8583 is considered a legacy messaging format because it has been used for many years, but it is still widely used and is considered reliable and secure for electronic payment transactions.
Is there any paid training for Swift message and ISO 20022
looking to publish more content and probably a course on that this year
The best explications 👍
Hello, you explain very well the ISO20022 precedures, please tell me what is the point of Qnt in this ecosystem? Please tell me what is the point of XRP in this ecosystem? Thnx 🙏
The first step is to understand ISO 20022 and how to take advantage of its advantages; watch our videos to get a better understanding of this. If you are looking for the best investment and that is xlm and XRP , these are the major compliant coin that are certified!
XRP has no place in ISO20022
@@nemohydro6969 XRP is a digital currency created by Ripple that is used to facilitate fast and low-cost cross-border payments. Its primary purpose is to provide an alternative to traditional payment methods, such as SWIFT, which can be slow, expensive, and complex. By using XRP, financial institutions can achieve faster settlement times and lower costs.
XRP is a digital currency that can help make cross-border payments more secure and transparent. Its decentralized nature and features like escrow, multisignature, and payment channels can reduce the risk of fraud and error in cross-border payments. Additionally, XRP's transparent ledger enables real-time tracking of funds, which can increase efficiency and reduce the risk of discrepancies. However, there are still challenges to be addressed in using XRP for cross-border payments, and its potential benefits depend on factors like adoption and competition from other digital currencies.
@@nemohydro6969dumb😂
Great Content thanks.
Thank you Gosaye🙏🏽 . Good to hear from you after a while . Hope you are doing well 😊
Very slow sir.
sorry about that . Is that the delivery you found slow ? Try watching at 1.5 X speed
@@ezeefied 👍🤣
@@ezeefied 🤪
Greetings patriot
how are you doing today..
hope you staying safe and following up on the recent recommended?
@@pauldumitru8002Greetings patriot
how are you doing today..
hope you staying safe and following up on the recent recommended?