Swift is building out its Global Payments Innovation (GPI) service to allow corporations to initiate and track payments across all of their banking partners from a single source. The new service by ...

BRUSSELS--(BUSINESS WIRE)--SWIFT today announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent, removing a key point of ...

NEW YORK, Dec. 22, 2023 (GLOBE NEWSWIRE) -- StoneX is delighted to announce that it is one of the first financial organizations to enable Swift’s new leading-edge solution for cross-border payments.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The new Payment Pre-validation service is a core building block in ...

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 ...

The international payments network Swift has a target painted on its back, and a number of upstarts are aiming for it. But a new technology it is experimenting with could be the shield Swift has been ...