Ebury goes live with Swift gpi

Friday 31 August 2018 13:33 CET | News

Ebury, which specialises in corporate global transaction services, has become the first fintech company to go live with Swift’s global payments innovation (gpi).

Since its launch early last year, Swift explains that half of gpi payments are credited within 30 minutes, many within seconds – and almost 100% within 24 hours – enabling Ebury’s clients to fast-track their international payments.

The service also enables the company’s end-clients to monitor and track their payments globally in real-time.

Swift states that to date, over 200 financial institutions around the world are signed up to gpi, with over USD 100 billion in gpi payments being sent daily across 500+ international payment corridors – representing over a third of all Swift payments.

Founded in 2009, Ebury provides cross-border payments in over 140 currencies, risk management, and lending solutions to a range of international organisations, including NGOs, SMEs and corporates.

Ebury is authorised and regulated by the Financial Conduct Authority (FCA) as an electronic money institution.

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Keywords: Ebury, SWIFT gpi, payments , corporate, transaction, fintech
Countries: World