Swift bullish on future of cross-border payments
Tests of GPI system show faster, more transparent cross-border payments, Swift says
Global payment services provider Swift has said that its new cross-border payments platform is coping with greater consumer demand for speed and transparency.
Swift launched its global payments initiative, or GPI, in 2017, in an attempt to speed up cross-border payments systems. It now aims “to make cross-border payments as seamless and convenient as domestic ones” it said in a statement released on 20 June.
Luc Meurant, Swift’s chief marketing officer, told Central Banking that payment
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