The impact of ISO 20022 on correspondent banks, part 2
2020-11-23 In this blog, we address the second challenge—providing dual support for both legacy MT messages and the new MX messages during the transition to ISO 20022.
The impact of ISO 20022 on correspondent banks, part 1
2020-11-19 With the global migration to ISO 20022, one of the biggest challenges facing correspondent banks is how to handle the migration from legacy MT messages to new ISO 20022 MX messages within cross-border payment markets. What changes will they need...
Impact of the new ISO 20022 messaging standard on payments infrastructure
2020-11-16 The payments industry is constantly evolving and has been for decades. Where are we today and why? Let’s take a closer look in light of recent changes—namely, the adoption of the ISO 20022 payment messaging standard.
‘Greenwashing’ is a bad strategy; we need sustainable finance
2020-10-12 This CGI blog post discusses the need and opportunities for sustainable finance.
Central banking in the 2020s
2020-10-05 This CGI blog post discusses what a next-generation central banking architecture will look like.
A solution for balancing customer payment burdens with business cash flow
2020-08-07 This CGI blog post discusses how request-to-pay solutions balance customer payments burdens with business cash flow.
Examining the future of retail bank branches post pandemic
2020-07-27 This CGI blog post discusses the future of the traditional retail bank branch once the COVID 19 pandemic ends.
Adapting lending in a time of crisis to alleviate customer hardship and bank pressures
2020-06-01 The global impact of the COVID-19 pandemic on the financial industry far exceeds anything we have seen in our lifetime. Record unemployment, voluminous requests for hardship support, and the likelihood that loan defaults will significantly increase. Along with higher net...
Managing collections in unprecedented times to help customers and safeguard competitiveness
2020-05-12 Today, we face an unprecedented global health and economic crisis as we continue to combat the spread of COVID-19. Economically, this crisis is very different from the last major economic upheaval we faced worldwide—the Great Recession of 2008. What are...