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National Settlement Depository first CSD to sign up for SWIFT gpi

National Settlement Depository (NSD), Russia’s central securities depository (CSD) has become the first CSD to sign up for SWIFT’s gpi service – a rapid cross-border payments service that provides real-time payments tracking and transparency on bank fees and foreign exchange rates.

/Sibos

Scotiabank switches on wire-tracking via Swift gpi

Scotiabank is the first Canadian-based bank to leverage SWIFT's Global Payments Initiative (SWIFT gpi) to enable its business customers to track their wire payments in real time through ScotiaConnect, the Bank's digital business banking channel.

/Sibos

CBA meets demanding Swift changeover schedule

Norwegian software vendor Commercial Banking Applications (CBA), today announced that the latest release of its IBAS GTF – Global Trade Finance Factory – went live at all CBA’s user banks in November 2018, in full compliance with SWIFT Release 2018.

/Sibos

Volante switches on support for latest Swift standards

Volante Technologies Inc., the global provider of software to accelerate digital transformation and modernization, today announced support for the latest SWIFT Standards Release 2019.

/Sibos

Commerzbank: Bank Payment Obligation can act as a gateway for further trade finance technologies

In the face of slow market adoption for the Bank Payment Obligation (BPO), which serves as a legally binding undertaking to execute payment for goods or services, Commerzbank has launched a new whitepaper, “Leading the path of digital evolution”, which explores how to boost BPO adoption among banks and – crucially – their corporate customers.

/Sibos

Bellin becomes early adopter of Swift gpi for Corporates

BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, is once again working directly with SWIFT to develop a pioneering new service.

/Sibos

Swift reports double-digit growth in message volumes

SWIFT’s figures show an average of 31.31 million messages a day in 2018 as its annual traffic rose to an all-time high of over 7.8 billion.

/Sibos

National Bank of Kuwait moves to Swift gpi with ACI Worldwide

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that National Bank of Kuwait (NBK) has successfully launched SWIFT Global Payments Innovation (gpi) services for its customers, utilising the built-in gpi capabilities that are integrated into ACI’s flexible, global payments engine.

/Sibos

Natixis launches real-time tracking service for international payments

Natixis announces the launch of My Tracked Transfer, a new digital international transaction tracking service developed by Natixis using SWIFT gpi technology to enable large companies to monitor their international payments in real time and optimize their treasury management.

/Sibos

Swift gpi crosses 50% threshold

During 2018, SWIFT’s gpi payments service continued to radically transform correspondent banking. With the support of hundreds of financial institutions, including the world’s 60 biggest banks, it is now being used to send hundreds of billions in payments every day – more than half (55%) of SWIFT’s cross-border traffic.

/Sibos

Former Swift Asia head Alexandre Kech names CEO of Onchcain Custodian

Onchain Custodian, a provider of digital asset custody solutions, announced today the appointment of its executive committee.

/Sibos

Metro Bank makes Swift work of cross-border mobile payments

Metro Bank, the revolution in British banking, has enhanced its award-winning mobile app by launching international payments for its personal and business customers.

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