SWIFT gpi breaks 50 per cent barrierSWIFT’s gpi payments service was used during 2018 to send hundreds of billions in payments every day – more than half (55 per cent) of SWIFT’s cross-border traffic. Luc Meurant, chief marketing officer at SWIFT, More… |
SWIFT launches service to block dubious paymentsSWIFT has announced the introduction of Payment Controls, an intelligent new in-network solution to combat fraudulent payments, and to help strengthen its customers’ existing security. The commercial availability of the serv More… |
SWIFT publishes blueprint for API standardsSWIFT has published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks and payment service provid More… |
Swift's regional summit in Dubai draws over 500 expertsSwift, a global member-owned co-operative and leading provider of secure financial messaging services, kicked off its two-day regional conference in Dubai. It is being attended by more than 500 delegates from over 25 countries. Swift More… |
New SWIFT gpi feature introduced in JordanThe new SWIFT global payments innovation (SWIFT gpi), which facilitates financial stability and fund management, has been introduced in Jordan. By embracing this new global payments standard, Bank al Etihad clients can now benefit More… |
Swift gpi offers message error detection facilitySwift will introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers. More… |
Swift gears up for debut regional summit in DubaiSwift, one of the world’s leading providers of secure financial messaging services, is set to host its first regional conference in Dubai from September 24 to 25. The event will see more than 250 senior representatives from More… |
SWIFT to start testing new multi-bank trackingSWIFT, along with a number of corporates and banks, today announces plans to start testing an enhanced multi-bank standard to further improve the cross-border payments experience for multi-banked corporates. This enhanced standard More… |
SWIFT extends gpi to all global paymentsThe SWIFT Community is to universally adopt the gpi service, a move which will see all 10,000 banks on SWIFT’s global network use the global payments innovation service (gpi) for cross-border payments. The decision to move t More… |
25pc of cross-border payments over gpi: SWIFTTwenty-five per cent of all SWIFT cross border payment traffic is being sent over the global payments innovation (gpi) just 15 months after the service launched, said SWIFT, a leading provider of secure financial messaging services. More… |