Stronghold Enhances Payment Network With Strategic Acquisition Of 20022 Labs

 

Stronghold's acquisition of 20022 Labs represents a significant milestone in its journey toward innovative digital payment solutions, solidifying its alignment with the ISO 20022 financial messaging standard. With 20022 Labs renowned for its expertise in data-rich payment processing, this collaboration promises to drive payment system innovation, offering businesses a competitive edge through enhanced operational efficiencies, treasury management, customer experience, and regulatory compliance. Strengthening the implementation of ISO 20022 in StrongholdNET not only boosts interoperability within Stronghold’s ecosystem but also promises both domestic and global connectivity in the digital economy.

Tammy Camp, CEO of Stronghold, underscores the strategic importance of this integration, highlighting its role in advancing platforms like StrongholdNET. Founder Mike Sigal echoes this sentiment, expressing excitement for the potential to advance Stronghold's leadership in digital payment systems globally. By democratizing access to the ISO 20022 messaging standard, Stronghold aims to accelerate its adoption, empowering developers to innovate and optimize payment processing, ultimately fostering efficiency and innovation on a global scale.

Read More - https://www.techdogs.com/tech-news/business-wire/stronghold-enhances-payment-network-with-strategic-acquisition-of-20022-labs

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