Payments Canada leveraging XMLdation in a pilot project on ISO20022 onboarding
On September 5th 2017, Payments Canada shared the news that a pilot project is underway for a new service that will allow their members to more efficiently onboard corporate clients to ISO 20022.
Payments Canada ensures that financial transactions in Canada are carried out safely and securely each day. The organization underpins the Canadian financial system and economy by owning and operating Canada’s payment clearing and settlement infrastructure, including associated systems, bylaws, rules and standards.
Payments Canada is leveraging XMLdation’s file validation service for the pilot project. With XMLdation SaaS product, Payments Canada is able to ensure that ISO 20022 file formats are built correctly to enable financial institutions to onboard their clients to ISO 20022 with ease.