SWIFT , the global payments network has been shooting down rumours that its platform will begin to integrate with Ripple’s suite of software solutions for cross-border payments.
SWIFT is updating its protocol standard this month and is also letting its customers know that they should upgrade to the firm’s new global payments platform called SWIFT gpi. News regarding the upgrade led to a mixture of different rumours about the SWIFT gpi that it would make the XRP powered payment solution xRapid and RippleNet available to thousands of banks on the SWIFT network.