SWIFT GPI IS A CHANCE FOR PAYMENTS MODERNISATION
Cross-border payments could arguably be the final frontier for globalised business operating at scale.
While banks, businesses and corporates have found more efficient ways of moving capital within their own jurisdictions, that can sometimes come unstuck when moving money between countries and continents.
Swift introduced its global payments initiative (gpi) in January 2017, and has since claimed to have improved the cross-border payments experience across more than 1,400 corridors.
