If you haven’t completed peer testing yet, the Federal Reserve strongly encourages you to join more than 270 of your peers to exchange ISO 20022 test messages in the DIT2 environment before the migration on March 10, 2025. They've received positive feedback that testing with a peer is proving valuable, especially when evaluating production-like scenarios, and have expanded this opportunity. All Fedwire® Funds Service customers are now able to mimic sending production-like traffic in the ISO 20022 message format on Tuesdays and Thursdays in the DIT2 environment.

Click Read More below for complete details and to sign up for peer testing.

Missed our podcast on the importance of a risk-based analysis approach to getting ready; the threat of reputation risk that looms if you do not test adequately; and the myriad of dependencies you may not have considered yet? Click here to listen to Episode 23 of The Payments Space podcast!