Fiserv has joined the Swift Partner Program, allowing the bank technology seller to enable connectivity to Swift’s application programming interfaces and support Swift’s Global Payment Initiative.
Swift’s GPI lets parties track payments across different banks and countries through a single source — a capability that’s considered a key cog in Swift’s real-time and cross border payment strategy.
Fiserv is attempting to make it easier for its financial institution clients to offer cross-border digital payments, or to set up digital payments in new countries.
Like many bank technology firms, Fiserv is in the midst of expanding its ability to connect banks to real-time payment networks, which will require technology upgrades to support interoperability across borders.
