ISO 20022 and why it is relevant
ISO 20022 (also called UNIFI, Universal Financial Industry Message Scheme) is the international standard for financial transactions such as Credit Transfer and Direct Debit. The general public became aware of ISO 20022 through the introduction of the European retail payment service SEPA (Single Euro Payments Area) in 2014 with IBAN and BIC for Credit Transfers […]
More than 30 different payment schemes are already covered
Take your payment transaction testing to a new and higher level of scheme compliance and accuracy through our best-in-class clearing simulation. Real-time, high-value or batch, it doesn’t matter, Unifits simulates them all. Unifits test automation solutions are industry-specific, so they already cover all relevant payment processes, message types and usage rules from many of the […]
Simplify Your Path to ISO 20022 Compliance
Achieving and maintaining ISO 20022 compliance presents a complex, ongoing challenge for financial institutions. The research report by Finextra Research in collaboration with Volante Technologies in June this year highlighted a stark reality: “The path to ISO 20022 compliance is more challenging and time-consuming than many anticipated.“ Unifits’ solutions are expertly designed to address these […]
Become Compliant with Instant Payments
Rethink Your Testing Approach to Become Compliant with Instant Payments: As the financial world rapidly adopts ISO 20022 for improved interoperability, managing the complexities of this standard becomes crucial. The upcoming 2025 Instant Payments regulation in Europe further underscores the need for automated continuous testing of payment processes. The Complexity of ISO 20022 ISO […]
Here it is, Introducing, the new very best friend for ISO 20022 test teams
Save at least 90% of the time it would take creating ISO 20022 test messages using ordinary XML editors, compared to the time it would take with our solution. What’s the one thing testers will ask for in ISO 20022 projects? After previewing our products, we assure you, it will be the Unifits Test Portal. […]
