Remove Correspondent Bank Remove Overlay Service Remove SWIFT
article thumbnail

B2B Payments, SWIFT And In The Cloud

PYMNTS

To that end, SWIFT debuted its global payments innovation initiative (gpi) earlier this year, a solution which looks to boost the infrastructure underpinning the movement of money on a global scale. Banks also will be able to immediately stop or recall payments no matter where those payments are in the correspondent banking chain.

SWIFT 43