DBS (SGX:D05) has introduced real-time online tracking of cross-border collections for companies in India through a partnership with SWIFT Global Payments Innovation (gpi). DBS is reportedly first bank in India and the Asia-Pacific region to provide this service to customers, which should benefit around 4,000… Read More
Major bank-to-bank messaging system Swift processed $40 trillion in messaging transactions back in 2018. Significantly, Swift handled $77 trillion in international payments messages via the gpi platform last year, which indicates that the demand for the program is becoming even more firmly established in the… Read More
SWIFT, a global member-owned cooperative and provider of secure financial messaging services, announced on Tuesday it has launched a multi-bank GPI payment initiation and tracking service for corporates. The company revealed in a blog post: “Built in conjunction with banks and corporates, we’ve introduced a… Read More
SWIFT, a global member-owned cooperative and provider of secure financial messaging services, announced on Wednesday it is bringing benefits of gpi to DLT and trade ecosystems through its new partnership with blockchain enterprise software firm, R3. SWIFT reported that to support the growing demand amongst trade ecosystems… Read More
In a recent announcement, SWIFT offered up to €200,000 in funding to Fintechs around the world to develop new overlay services that utilize their new global payments innovation (gpi) platform. The two winning Fintech companies of an Industry Challenge will work with banks on innovations that… Read More
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