The U.S. likely didn't need an extra shove to adopt an international payment messaging standard vital to a faster payments network but, just in case, the U.K.'s Payments Council is making it easier to do so.

The Payments Council last week signaled international cooperation in agreeing to establish ISO 20022 as the standard for payment messaging, while forming a task force for continued study and written guidelines for the emerging standard for real-time payments.

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