Payments:Unpacked

Share this post

Autonomously validate your ISO 20022 messages

northeypoint.substack.com
Payments:Unpacked Extra!

Autonomously validate your ISO 20022 messages

Issue 482 | 11 May 2023

May 11, 2023
∙ Paid
Share

Welcome to this New Payments Architecture (NPA) update from Payments:Unpacked - in this special NPA subscriber edition we feature Pay.UK’s NPA self validation testing announcement.

If you are a ‘free’ or ‘premium’ newsletter subscriber you can upgrade to the NPA version of Payments:Unpacked here.

Source: Pay.UK


Self-Validation Testing: the launch of customer collaboration on the NPA

Given that the significance of the New Payments Architecture (NPA), Pay.UK have designed a testing strategy to ensure that the NPA framework can be validated across the entire ecosystem.

Pay.UK has launched the first phase of this strategy, Self-Validation Testing (SVT), that ensures customer readiness for the ISO 20022 messaging standard.

An NPA “launch moment”

The SVT allows customers to connect to a technical representation of the NPA for the very first time and test those ISO 20022 messages, both as a sending and receiving organisation. It represents a ‘launch moment’ for the programme as customers begin their transformation from the existing Faster Payment System to the data-rich NPA product types.

David Morris, Pay.UK’s Chief Technology Officer.

Pay.UK state that this is the first opportunity for participants to interact with the NPA solution and have published an article about the SVT: Self-Validation Testing: the launch of customer collaboration on the NPA - in this newsletter we provide a quick summary.

This post is for subscribers in the Supporter plan

Already in the Supporter plan? Sign in
Previous
Next
© 2023 Northey Point Limited
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing