Cgi news and trends

The Fed Drives Ahead With Payment Rail Exploration
B2B Payments // March 31, 2021

The Federal Reserve is paving the way for new payment infrastructure to drive progress in the U.S. landscape, both through an expansion of the FedNow pilot, as well as the exploration of a possible Fedcoin digital currency. But other innovators like Visa and the ACH...

Barclays Works With CGI To Implement Trade Finance Platform
B2B Payments // November 24, 2020

Barclays Corporate Banking is working with CGI to put the CGI Trade360 system into place, which will provide an international trade finance offering to the bank’s customers in Britain and across the globe, according to a Tuesday (Nov. 24) announcement. “We have a longstanding partnership...

How Overlay Services Add New Opportunities In Open Banking
B2B Payments // June 12, 2019

One year after the rollout of Open Banking in the U.K., researchers have found that a general understanding and awareness of the regulation remains low. Citing a Splendid Unlimited survey, the Financial Times reported in January that only about one quarter of people had ever...

Ordo, CGI Collaborate To Combat Invoice Payments Fraud
B2B Payments // June 06, 2019

Business consultancy CGI has announced a collaboration with invoice payments FinTech Ordo to develop a service that combats fraud for both payers and payees. In a press release on Wednesday (June 5), the companies announced their tie-up, which aims to boost efficiency of invoice payments...

Interviews & Exclusives
For Banking’s Future, The Hub’s The Rub

September 21, 2017
To modernize payments is no small task. That’s especially true for banks. Cheryl Gurz, CGI’s payments solutions director, weighs in on what works when innovation is a necessity rather than a luxury. First steps: Get a roadmap in place that moves beyond the legacy systems of yore.

Commanders In Chief: For Payments Innovation, Look Beyond The Pipes

August 17, 2017
It’s been said that change is the only constant in, well, you name it. The aphorism holds especially true for payments, an industry in which technology shapes the way payments happen...

Time, Really, for Real-Time Payments?

June 19, 2017
Real time payments, as a concept, has been around for a while. What will it take to make the concept a reality?  In our latest Topic TBD, Cheryl Gurz, global...

Quick Reads
CGI Launches SEPA Instant Credit Transfer Service

March 02, 2017
CGI announced Wednesday (March 1) the launch of a new, real-time Single Euro Payments Area (SEPA) instant credit transfer solution. In a press release, CGI said the new solution was developed by a team of CGI experts who are based in the Czech Republic. The solution was created for banks and payment service providers in Europe that want […]