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Engaging Corporate Perspectives in the Development of SWIFT gpi

Engaging Corporate Perspectives in the Development of SWIFT gpi

SWIFT


Following a successful pilot in 2016, SWIFT’s global payments innovation (gpi) initiative is now live with 12 banks already exchanging gpi payments in over 60 corridors, an important milestone in the transformation of cross-border payments. As gpi continues to build momentum, corporate treasury and finance professionals have a critical role to play in determining its next priorities. 

 

This was the background behind the corporate workshop hosted by SWIFT in which ten leading corporations participated. The workshop provided an opportunity for corporates to share with SWIFT the challenges they are currently experiencing in cross-border payments, to discuss the current and planned strategy for gpi, and establish a process of co-creation and engagement in the future.