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Ainsely Ward
Ainsley Ward

The impact of ISO 20022 on correspondent banks, part 2

November 23, 2020 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.

Whether the goal is to achieve the promise of real time, or meet immediate compliance mandates, financial institutions each must choose their own path for payments transformation. As a trusted advisor for more than 40 years, CGI guides clients along...

Ainsely Ward
Ainsley Ward

The impact of ISO 20022 on correspondent banks, part 1

November 19, 2020 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...

CGI All Payments has integrated SWIFT as a secure way of transmitting financial messaging for seamless wire transfers and payment processing.

CGI All Payments’ dedicated real-time payments engine enables the fast and efficient handling of real-time payments globally.

The CGI All Payments NACHA payments module enables the origination and receipt of automated clearing house (ACH) transactions on the payments network run by the National Automated Clearing House Association (NACHA) network.

The CGI All Payments Fedwire payments module leverages our high-value payment engine to enable the fast, efficient and robust handling of Federal Reserve Bank (FRB) wires.