HSBC live with Swift gpi
160 banks worldwide have signed for Swift’s global payments innovation (gpi).
global payments innovation
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.
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, […]
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 […]
Swift’s global payments innovation initiative now live
Major global transaction banks are now live with Swift’s global payments innovation (gpi) initiative.
