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Global corporates urge banks to engage with SWIFT gpi


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Swift has now a competitor that is funded by 31 million dollar in the last quarter, three times as much as its funding in the first quarter. If this increase continues linearly (parabolic is more likely), in just one year Swift will be faced with a competitor that is funded with around 500 million dollar per quarter. An extremely well funded competitor, that operates an extremely well working payment infrastructure, designed for the future and ready for it. Try competing with that, Swift!

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