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Cisco lifts annual forecast on AI boost, names Patterson CFO

Plus: Why the shift to ISO 20022 is more than a messaging upgrade

Author

Marina Mouka
May 19, 2025

Daily Digest

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FROM THE MARKET

 

EDITOR’S PICKS

NEWS
Cisco announces leadership changes, names Patterson as new CFO
Cisco Systems has revealed key leadership transitions with Scott Herren, the company’s Executive Vice President and Chief Financial Officer, announcing his decision to retire effective July 26, 2025.

EXPERT OPINION
Beyond compliance: Why the shift to ISO 20022 is more than a messaging upgrade

The SWIFT-mandated migration by November 2025 is set to end MT message processing for interbank cross-border payment instructions and cash management reporting (CBPR+). Yet, according to SWIFT as of December 2024, only 33% of organizations had adopted ISO 20022 for CBPR+.

Maria-Christine Diaz, Eastnets

 

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