Power Hour - Q2 2025 - Transitioning Fedwire Funds Service to ISO 20022-Are you Ready?

Federal Reserve Financial Services will transition the Fedwire® Funds Service to the ISO® 20022 format on July 14, 2025. 

• With this deadline fast approaching, it’s essential to take steps to ensure your institution is fully prepared. This session will remind attendees of the importance of 
• testing (e.g., exchanging ISO 20022 messages with their peers and simulating real-world scenarios to ensure seamless payment processing). Additionally, we’ll emphasize the importance of developing strong preparedness and contingency plans to safeguard against potential disruptions.

AAP/APRP credits 1.2