Tag: gpi

Service aims to replace a tedious and costly confirmation process, and lender expects it to allow for quicker bounce-back from the pandemic.

For banks that deal with small businesses and B2Bs, the future lies in the right infrastructure for low-value payments. SWIFT's new pilot aims to run low-value payments on gpi's rails

Swift announces that corporates can now enrol for a multibank payment tracker service first made available two years back to financial institutions. How much will it cost? And does it matter?

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

CT’s inaugural Hong Kong conference saw over 200 treasury-related professionals enjoy a day of thought-provoking discussion centred around the future of treasury in an increasingly digital and tech-savvy world

With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon

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.

While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.

The leading cross-border payments co-operative is taking a long hard look at the technology that could replace it: blockchain.