HSBC has launched HSBC Trade Solutions (HTS) for customers in its two largest markets, the U.K. and Hong Kong, to simplify and speed trade. Developed in partnership with the IT consultancy CGI, the new platform allows clients to manage all their trade finance products online,...
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 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...
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...
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.
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...
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...
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 […]
