Editorial

The Role of Structured Postal Addresses in ISO 20022

The financial industry is undergoing a major transition to the ISO 20022 standard, impacting cross-border and domestic high-value payments. This shift mandates the use of structured postal addresses by 2026, enhancing transaction efficiency, security, and regulatory compliance.

Contributor

Supriya is a Principal Consultant with 20 years of experience operating at strategic, conceptual and execution levels across Banks, Fintechs and Consultancies.

Supriya Dahiwelkar
Principal Consultant - Payments

Key highlights include: 

  • The importance of structured addresses for accurate financial transactions.
  • The introduction of hybrid addresses.
  • The role of Machine Learning to overcome challenges posed by the transition.


Machine learning models are being deployed to ease the migration process. Discover the full implications of these changes and how they will shape the future of financial messaging in our detailed whitepaper below, created with Nth Exception.

Read full whitepaper here.

Editorial

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