Tag: accounts payables

Swift may be slowly embracing blockchain technology after all through gpi Link, a gateway to interlink e-commerce and trading platforms with gpi

CT corrects errors in a recent story.

Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.

CFO tells CT how he used a cross-currency swap to cut the effective interest rate on long-term bonds from 4.7% to 2.2%. He also discusses reducing the number of bank relationships