ISO standards are essential for the banking and finance sector, as they provide a common framework for the exchange of information, transactions and services, covering aspects such as payment cards, securities, messaging, identification, and risk management. By adopting these standards, financial institutions can enhance their operational integrity, promote transparency, and support regulatory compliance and consumer protection.

Insights

Climate finance: The key to a sustainable future

Reversing the climate crisis requires massive global investments. The more we wait, the higher the costs, both in terms of mitigating global temperature rise and coping with its impacts.

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Improving investor confidence with ISO standards

A recent International Standard is helping bring new clarity to the complex world of finance and investment.

PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)

A common language for digital currencies

New standard for digital token identifier keeps everyone on the same spreadsheet.

Top standards

Digital token identifier (DTI) — Registration, assignment and structure
Part 1: Method for registration and assignment

Financial-transaction-card-originated messages — Interchange message specifications

Retail financial services — Merchant category codes

Securities and related financial instruments — Classification of financial instruments (CFI) code

Information technology — Security techniques — Privacy guidelines for fintech services

Banking — Banking telecommunication messages — Business identifier code (BIC)