As the March 10, 2025, deadline for ISO 20022 compliance for the Fedwire Funds Service approaches, financial institutions have a unique opportunity to modernize their wire transfer operations. The transition to ISO 20022 is more than just meeting a mandate—it’s about unlocking efficiencies, reducing costs, and enhancing customer experiences. In the article, Next Gen-Wires: The Benefits of Modernization, Alacriti shares key insights on how automation and ISO 20022 compliance can revolutionize wire transfers.

Learn about:

• The transformative power of automation in reducing manual processes and error rates.
• How to achieve up to 50% cost savings through streamlined wire operations.
• The strategic advantages of adopting a centralized payments hub for enhanced efficiency and scalability.

Download the article now to discover the impact of automation on wire transfer efficiency and how ISO 20222 can enhance your operations.