Nth Exception introduces AI tool for ISO 20022 adoption

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The London-based fintech Nth Exception has introduced Nucleus, a data fabric powered by machine learning designed to facilitate the ISO 20022 adoption of financial institutions.

Nucleus will use AI to help financial institutions switch to ISO 20022 and restructure operations and payments systems. Other features of Nucleus include pre-validating payee account information for international payments, validating LEIs, and automating remittance data. The tool is in line with Swift initiatives and the Bank of International Settlements’ commitment to adopting ISO 20022.

To test Nucleus’ compliance potential, Nth Exception has invited financial institutions to collaborate on proof-of-concept projects.

Read More: Nth Exception launches AI tool for ISO 20022 adoption

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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