Emerging innovations that will define the future of payments
Exploring how the payments industry is moving towards a seamless, transparent and instant future.
GPI
The transformation of the European payments landscape
Instant payments are becoming the new normal.
Sibos 2018: Swift gpi – how global payments are going digital
How is Swift reacting to the Sibos 2018 theme of “Going Digital”?
BLOM Bank first in Lebanon to launch Swift gpi service
BLOM Bank says it’s “now more than ever ready for the future of cross-border payments”.
Swift blockchain test promises bank benefits – but one size does not fit all
Deutsche Bank shares lessons learnt.
HSBC live with Swift gpi
160 banks worldwide have signed for Swift’s global payments innovation (gpi).
Swift gpi: move forward or fall behind
Making the case for banks to become Swift gpi-ready.
Banking Technology April 2018 issue out now
You sought symmetry. And fintech came to you.
Standard Chartered and Ant Financial buckle up for Belt and Road drive
They target expanding their fintech clout along the “Belt and Road Initiative” route.
Deutsche Bank goes live with Swift’s gpi
Deutsche Bank has gone live on Swift’s global payments innovation (gpi) EUR services as it looks to increase transparency and speed in cross-border payments. Swift’s gpi offers real-time tracking of payments and same day use of funds for corporate clients. Deutsche Bank says it is one of the first banks globally to go live via […]
Corporate banking: clear sky thinking
Swift’s global payments innovation (gpi) has taken giant steps towards solving many of the challenges corporates have faced with cross-border payments.
Daily News at Sibos 2017 – Day 4
Read our fourth and final Daily News at Sibos edition of the Sibos 2017 conference in Toronto – all the latest news and analysis from Swift’s premier event of the year. Free to read online or pick up a complimentary print copy if you are at Sibos!
Liquidity management: real-time nostro time?
As part of its global payments innovation initiative, Swift and a group of banks have been trialling distributed ledger technology (DLT) in the reconciliation of nostro databases in real-time.
Payments: I spy gpi
Much of the focus for correspondent bankers at this year’s Sibos will again be Swift’s global payments innovation (gpi) initiative. More than 110 transactions banks from Europe, Asia Pacific, Africa and the Americas have signed up to the initiative, which opened for live payments in January 2017.
Swift’s gpi powers DBS cross-border payments tracking debut
Corporates and SMEs in Singapore and Hong Kong can now track their cross-border payments via DBS, using Swift’s global payments innovation (gpi). DBS says it is the first bank in the two countries to execute cross-border payments with end-to-end tracking, “helping corporates and SMEs become more efficient in their cash management”. In the past, DBS […]
More banks nuzzle up to Swift’s nostro blockchain project
Swift has revealed that 22 additional banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time. The PoC is part of the Swift gpi (global payments innovation) service, its new standard for cross-border payments. As reported previously, gpi has […]
Money’s the honey for Swift global payments innovation challenge
Swift is offering funding of up to €200,000 for the two winning fintech finalists of its industry challenge to develop new overlay services that use its global payments innovation (gpi) platform. The winners will work with banks on collaborative concepts that solve additional industry challenges in cross-border payments on top of gpi. As reported previously, […]
Four Australian banks sign up for Swift’s global payments innovation
Four Australian banks, Australia and New Zealand Banking Group (ANZ), Commonwealth Bank, National Australia Bank (NAB) and Westpac are now live or planning to implement Swift’s global payments innovation (gpi) initiative. According to Swift, these Australian banks represent over 80% of cross-border payments flow for Australia. The banks all say the same stuff – so […]
Swift launches blockchain proof of concept
Swift has launched a proof of concept (PoC) to explore whether blockchain/distributed ledger technology (DLT) can be used by banks to improve the reconciliation of their nostro databases in real time. Under the current correspondent banking model, Swift says banks need to monitor the funds in their overseas accounts via debit and credit updates and […]
Top fintech stories this week – 17 February 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Swift’s global payments innovation initiative now live
Major global transaction banks are now live with Swift’s global payments innovation (gpi) initiative.
