NEW YORK--(BUSINESS WIRE)--Citi Treasury and Trade Solutions has successfully integrated SWIFT global payments innovation (gpi) into Citi’s Payment Flow Manager (PFM). SWIFT gpi is a new service which ...

Global interbank messaging giant SWIFT has revealed it will allow blockchain firms to make use of its Global Payments Innovation (GPI) platform for near real-time payments. In a report published late ...

After tests with several banks that established Swift's ability to connect its Global Payments Initiative faster payments rail to domestic networks, the financial and messaging standards organization ...

Over 30 banks have committed to kickstarting the framework and will work with Swift to evolve the interbank model to ensure a best-in-class experience Initiative marks Swift’s latest strategic step to ...

BRUSSELS--(BUSINESS WIRE)--Swift has today announced two AI-based experiments in collaboration with its member banks, to explore how the technology could assist in combatting cross-border payments ...

Swift has revealed plans to implement new network rules designed to provide a predictable payment experience for retail customers and small businesses globally. The initiative involves collaboration ...

SWIFT, the global system that banks use to manage cross-border payments, is giving blockchain technology a new appraisal, five years after it took its first look. This time around, the Society for ...

In creating the Global Payments Innovation service just more than a year ago, the Society for Worldwide Interbank Financial Telecommunication had faster cross-border payments in mind, while not ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The new service analyses previous flows on the Swift network ...

Secure financial messaging service SWIFT has published the results of its global cross-border instant payments trial, which shows that the fastest payment in the trial only took 13 seconds. The ...