The correspondent banking model is under pressure Customers and End customers increasingly demanding regulators push for better payments service Domestic payments going real-time Banks rationalize their Regulatory intensity and increasing costs correspondent banking networks Network rationalization Digital innovators offer Disintermediation new disruptive solutions Enhanced value proposition SWIFT gpi overview - October 2016
![The SWIFT global payments innovation initiative - Page 3](/cdn-cgi/image/width=600,quality=80,format=webp/https://cdn.relayto.com/images_originals/58a6c72cb690f.jpeg)