20022 Labs’ cover photo
20022 Labs

20022 Labs

IT Services and IT Consulting

Ottawa, ON 426 followers

Helping corporations, FIs, technology providers and professionals accelerate adoption of #DataRichPayments

About us

20022 Labs is global non-profit dedicated to accelerating adoption of 20022-based solutions by providing education, advice, tools and test environments to help corporations and financial institutions assess the impact of ‘Dataful Payments’ on their digital transformation strategies

Industry
IT Services and IT Consulting
Company size
1 employee
Headquarters
Ottawa, ON
Type
Nonprofit
Founded
2019

Locations

Employees at 20022 Labs

Updates

  • The future of insurance premium collections is now. ISO 20022 respects customer privacy while also ensuring efficient payments: Insurers can now use ISO 20022's request-to-pay feature to streamline premium collections: - Send e-invoices for monthly or annual premium payments - Ideal for policyholders not set up for pre-authorized debits - Perfect for customers hesitant to share their bank information This provides a secure, convenient way for policy holders to pay premiums without compromising their financial data, potentially increasing on-time payments and customer satisfaction. Learn more about how ISO 20022 can transform your premium collection process at 20022labs.com/use-cases/.

  • How to improve prepaid mobile? ISO 20022 is the best way to optimize prepaid mobile services: - Receive payments and remittance data instantly from prepaid mobile users - Credit prepaid minutes immediately upon payment receipt - Significantly reduce the risk of fraudulent payments or stolen credit card usage ISO 20022 not only improves customer satisfaction through instant service but also enhances security and reduces financial risks for providers. Learn more about implementing ISO 20022 in your prepaid mobile business at 20022labs.com/use-cases/.

  • Attention Telecoms! ISO 20022 is changing the game for monthly bill collections. You can leverage ISO 20022's request-to-pay feature for a seamless billing experience: - Send monthly bill payment requests directly to customers - Customers can pay with just a click, using auto-populated remittance info - Streamline the entire payment process, from request to reconciliation This approach not only simplifies the payment process for customers but also significantly reduces errors and processing time for telecom companies. 20022labs.com/use-cases/. #Telecom #BillingInnovation #CustomerExperience #ISO20022 #FinTech

  • In the Life & Health Insurance industry? Here's how ISO 20022 is revolutionizing payment processes to Managing General Agents (MGAs) for commission fees. - Add detailed remittance data to payments covering multiple clients and coverages - Ensure this crucial data travels with the payment - Enable automated reconciliation through easy data extraction This significantly reduces any manual work, minimizes errors, and improves overall efficiency in commission payments. Want to learn more about how ISO 20022 can benefit your insurance operations? Explore real-world use cases at 20022labs.com/use-cases/ #LifeInsurance #HealthInsurance #FinTech #ISO20022 #PaymentInnovation

Similar pages