ISO standards are essential for the banking and finance sector, as they provide a common framework for the exchange of information, transactions and services, covering aspects such as payment cards, securities, messaging, identification, and risk management. By adopting these standards, financial institutions can enhance their operational integrity, promote transparency, and support regulatory compliance and consumer protection.

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Sample standards

Information technology — Financial information exchange — Simple binary encoding

Financial services — Natural person identifier (NPI) — Natural Person Identifier lifecycle operation and management

Financial services — Personal Identification Number (PIN) management and security
Part 2: Approved algorithms for PIN encipherment

Financial services — Universal financial industry message scheme
Part 9: Syntax generation requirements and rules

Banking and related financial services — Key wrap using advanced encryption standard (AES)

Financial services — Specification of QR-codes for mobile (instant) credit transfers