Process payments with more efficiency. SWIFT gpi dramatically improves the speed and certainty of correspondent banking cross-border payments. Today, 56% of all SWIFT payments pass through gpi, representing over $300bn of daily value.
Stay ahead of the curve. Adopting new payments technology now will help banks accelerate gpi adoption, strengthen customer value propositions, and improve competitive positioning in a real-time, ISO 20022-based world.
Future-proof your business. As new regulations continue to reshape the payments landscape, having adaptable payments technology is a game-changing competitive advantage over inflexible legacy systems.
SWIFT gpi: the build vs buy debate
Dome Scaffidi, Payments Business Development Director at Volante, discusses how SWIFT gpi helps banks and financial institutions keep their assets more liquid.
VolPay Cross-Border Payments with SWIFT gpi
VolPay Cross-Border Payments with SWIFT gpi is a complete solution for end-to-end processing of cross-border payments using SWIFT and the gpi network.
Features and Capabilities
Funds Transfer. Accepts and processes payment instructions from customers and distributes them via SWIFT network to agent banks.
gpi. Complies with all gpi rules with universal confirmation upon credit to beneficiary.
Statement and Nostro Reconciliation. Reconciles MT940/MT942 statements against payments via automatic and manual matching.
Common Services. Provides dashboards, entitlements, user management, and notifications.
- Facilitates rapid creation of customer-centric value-added services
- Broadest suite of APIs to power open banking
- Easy to implement, integrate, and configure
- Fastest compliance turnaround for new SWIFT standards releases
- Lowers payment processing cost and improves margins
- Simplifies future migration to ISO 20022 standard
- Extensible to other cross-border and domestic payment types
Volante offers interoperable, extensible solutions for a variety of payments needs, all composed of business services from the VolPay ecosystem.
Corporate To Bank Automation
Onboard corporate customers faster and win new corporate clients by automating corporate to bank connectivity
Global Clearing Gateways
Accelerate expansion into new markets by connecting to over one hundred global clearing and settlement mechanisms
Modernize your payments infrastructure without replacing legacy payment systems
Unify all your payment processing and orchestration functions in a single service ecosystem
Open Banking and PSD2
Strengthen customer relationships through open banking business models, while complying with PSD2 and similar regulations
Expand your service portfolio with next-generation cross-border payments like SWIFT gpi, Ripple and more
Beneficiary Pay Link
Move from paper to digital by allowing corporations to pay any beneficiary, the way they want to be paid