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AccessPay, Assembly Payments to leverage on SWIFT gpi

Wednesday 20 September 2017 08:36 CET | News

SWIFT has given two fintech startups the opportunity to work with gpi banks over a three-month period to enhance cross-border payments, leveraging on SWIFT gpi.

Due to this agreement, the two startups will receive up to EUR 100,000 each to further develop their innovative concepts.

AccessPay is a UK-based startup specialised in cloud-based payments technology. Their software sits between customers and their banks, allowing automation of their payment transactions through a single platform.

Assembly Payments is a payments platform for online marketplaces and the sharing economy. Based in Australia, the company started four years ago with the mission of enabling people to unlock new business models with payments.

Over the course of two days, five startups participated in the industry challenge workshop with SWIFT and gpi banks to get their views on the challenges influencing cross-border payments. The challenge also served as an avenue for them to brainstorm how fintech companies could build additional innovative overlay services on top of the SWIFT gpi platform.


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Keywords: AccessPay, Assembly Payments, SWIFT, gpi, bank, cross-border payments, fintech, startup
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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