Global Payments Innovation news and trends

National Bank of Kuwait Rolls Out SWIFT gpi; UCPB Launches InstaPay Transfer Service
Global Payments // January 02, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes The National Bank of Kuwait’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. In addition, UCPB launched its InstaPay service in The Phillipines, and...

IBM, SWIFT Make News In Cross-Border Initiatives
B2B Payments // September 06, 2018

Beyond cryptocurrencies, blockchain is making wakes as a conduit for transactions. China may be in the news amid crackdowns on trading. And there are a number of initiatives from banks in that country to use blockchain to exchange assets. In other payments infrastructure-related offerings, some...

SWIFT Names Barclay’s Dave Scola North America Head
Personnel // August 29, 2018

SWIFT has announced that Dave Scola is its new head of North America. Based in New York, Scola will be responsible for SWIFT’s innovation and growth strategy in the U.S. and Canada, working to bolster the company’s account relationships in the region. In addition, Scola...

Swiss Corporates Urge Global Banks To Join SWIFT Gpi
B2B Payments // July 20, 2017

A group of six multinational corporations in Switzerland is urging banks around the world to join SWIFT’s gpi initiative, news reports said Wednesday (July 19). ABB, Nestle, SBB and others reportedly sent an open letter to banks promoting their support for SWIFT’s gpi (global payments innovation)...

Quick Reads
SWIFT Names Barclay’s Dave Scola North America Head

August 29, 2018
SWIFT has announced that Dave Scola is its new head of North America. Based in New York, Scola will be responsible for SWIFT’s innovation and growth strategy in the U.S. and Canada, working to bolster the company’s account relationships in the region. In addition, Scola will be tasked with delivering commercial performance across the company’s […]