Autonomously validate your ISO 20022 messages
Issue 482 | 11 May 2023
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.
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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.