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Bank of America and Swift to set up new tracker for payments

Bank of America and Swift to set up new tracker for payments FXC Intelligence Research Analyst Valentina is a Research Analyst at FXC Intelligence, the data sister company of FXcompared. Valentina is passionate about payments and fintech. Valentin enjoys analysing money transfer companies and… Read more Bank of America, which is one of the world’s most prominent banking institutions, will collaborate with Belgium-based payment messaging organisation Swift. Swift’s ‘Global Payments Innovation’ (gpi) will be the force behind the new service, which will let customers monitor payments in real time and see what stage their payments are at. The service will be available via the CashPro platform.

Bank of America launches cross-border payments tracker with Swift gpi

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Bank of America launches cross-border payments tracker with Swift gpi 11 December 2020 Source: Bank of America Bank of America, a charter member of SWIFT Global Payments Innovation (gpi), announced today the launch of a CashPro self-service tool that allows clients to have real-time visibility into their international payments. Accessible through the bank’s integrated platform, CashPro, the SWIFT gpi module brings to life a wealth of cross-border payment data facilitated by the SWIFT network. “Our payments tracking tool populates SWIFT gpi information into a view that can be read easily and acted upon immediately,” said Tom Durkin, Global Product Head for CashPro in Global Transaction Services at Bank of America.

BofA launches cross-border payment tracker; expands Swift gpi support

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. BofA launches cross-border payment tracker; expands Swift gpi support 10 December 2020 Source: Bank of America Bank of America, a charter member of SWIFT Global Payments Innovation (gpi), announced today the launch of a CashPro® self-service tool that allows clients to have real-time visibility into their international payments. Accessible through the bank’s integrated platform, CashPro, the SWIFT gpi module brings to life a wealth of cross-border payment data facilitated by the SWIFT network. “Our payments tracking tool populates SWIFT gpi information into a view that can be read easily and acted upon immediately,” said Tom Durkin, Global Product Head for CashPro in Global Transaction Services at Bank of America.

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