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SWIFT's gpi Gains Ground in Instant Payments

SWIFT said this week that a new service will integrate gpi into instant payment offerings across the globe. Separately, in India, seven banks sign on to JPMorgan’s blockchain platform geared toward cross border payments.

Credit Union Tracker™

Credit Unions' Small Business Opportunity

PYMNTS' latest Credit Union Tracker points to credit unions' opportunity to retain and attract customers through technology. As it turns out, small businesses might be a big opportunity for credit unions, too, especially as regulators open the doors for CUs to secure a competitive advantage over banks in their small business finserv and lending operations. Some analysts warn, however, that CUs aren't stepping up to the plate.

FIs Look Inward For Faster Blockchain Deployment

Financial institutions and FinTechs continue to collaborate on blockchain initiatives, but progress remains slow and participants proceed with caution. Wells Fargo Head of Innovation Group Lisa Frazier says focusing on internal points of friction, and designing solutions to operate within a single enterprise, is an opportunity for faster deployment of blockchain financial technology.

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