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SWIFT Ties gpi To eCommerce And DLT

PYMNTS

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink eCommerce and trading platforms with the SWIFT gpi payment service.”. SWIFT said the first part of this proof-of-concept effort will involve Corda , an R3 blockchain platform.

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Broadridge Launches Instant Payments Service, Aligned with New EU Regulations

Fintech Finance

The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary. ” The launch of Broadridge’s Instant Payments service aligns with recent EU regulations mandating the facilitation of euro instant credit transfers. .

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Australian Payments Plus Advances Toward Confirmation of Payee Implementation With Swift

The Fintech Times

The matching service determines whether a name matches based on account data provided by each payee Financial Institution (FI) when compared to the account name entered by the payer. When a match result is a match or close match, a name display is provided to the payer.

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SWIFT Ties gpi to eCommerce and DLT

PYMNTS

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink ecommerce and trading platforms with the SWIFT gpi payment service.”. SWIFT said the first part of this proof-of-concept effort will involve Corda, an R3 blockchain platform.

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Smarter Payments Tracker Eyes Interoperability

PYMNTS

Payments messaging firm SWIFT has taken recent steps to promote interoperability of its payments network, recently announcing that it would allow blockchain platforms to loop into SWIFT’s global payments innovations (GPI) service to facilitate real-time transactions.

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New Broadridge Financial Solutions Service Enables Businesses to Benefit From Instant Payments

The Fintech Times

Through its new Instant Payments Service, Broadridge supports real-time money transfers, operating constantly, with transaction processing times of under 10 seconds from payer to beneficiary.

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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

The lack of visibility and data linked to payments has emerged as a focal point for many FinTech firms — with companies like ACH Alert recently announcing a new tool that enables financial institutions (FIs) to more efficiently manage ACH payment file data, or payments messaging firm SWIFT pushing for standardization of that information.