[ad_1] This week, the block block company in San Francisco, Ripple, has secured another major banking partner in Asia. The fifth bank of ASEAN, the CIMB Group, has announced that it will join RippleNet to use the company's cross-border transfer products. His XRP token meanwhile held second place on Ethereum. …
Read More »CIMB taps from Malaysian Banking Group Ripple for blockchain remittances
[ad_2][ad_1] The Malaysian banking group CIMB has joined the Ripple network of payments, based on blockchain, RippleNet, looking for faster cross-border payments. A strategic partnership between companies responds to the need for "rapid and cost-efficient international payments" through the ASEAN region (Association of Southeast Asian Nations), said Ripple on Wednesday. …
Read More »Start Blockchain Ripple aims to overcome the Swift banking network
[ad_2][ad_1] Fintech startup Ripple Labs focuses on blockchain technology to help it overcome the old Swift network behind most of the world's financial and security transfers, according to its chief executive, Brad Garlinghouse. Blockchain technology works like a decentralized ledger and removes the need for money to be processed through …
Read More »The new Ripple Ad praises the payments of XRP coins based on the speed compared to traditional banking systems, characterized by XRP text
[ad_2][ad_1] The new Ripple Ad indicates how slow traditional banking systems are The recognized financial and cryptographic company Ripple has just published a new advertising related to the banking sector. In the announcement, you can see how Ripple takes pride in current cross-border payments made by financial institutions. At the …
Read More »The Big XRP Headline & Ripple Banking Partnership
[ad_2][ad_1] Listen here – https://soundcloud.com/cryptodaily/the-big-xrp-headline-ripple It is not necessary to search far and wide to find news about Ripple establishing partnerships with large banking companies, such as the Santander One Pay FX app. One Pay FX is just one example that sees Ripple work closely with a major banking group, …
Read More »Can Blockchain innovations improve latency and inefficiency in the banking sector?
[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = " Getty Ah, latency. That seven-letter word takes almost seven seconds to say and what it feels forever to settle. In simple terms, latency is the delay before data is moved. In the banking world, latency is the time it takes money to move …
Read More »Italian Banking Association Completes First Test of Blockchain-Based Interbank System
[ad_2][ad_1] The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology (DLT), the group of 14 Italian banks is planning to improve interbanking processes. Specifically, the association intends …
Read More »Various banking institutions try to regulate the Blockchain payment stand
[ad_2][ad_1] Several banking institutions are collaborating with JPMorgan to take on the growing influence of the Ripple market Since Ripple has consolidated its position as one of today's global payment market leaders, many banks have been forced to step up their game and offer services in line with the latest …
Read More »The Chinese banking giant issues $ 1.3 billion in securities on a blockchain
[ad_2][ad_1] Bank of Communications, one of four state-owned commercial banks in China, has completed an important issue of residential mortgage-backed securities (RMBS) using a blockchain network. China Securities Times, the spokesman for Chinese financial regulators, reported Thursday that the banking giant has issued a total of 9.3 billion yuan (or …
Read More »Should Banking open the way for Blockchain development in financial services?
[ad_2][ad_1]<div _ngcontent-c15 = "" innerhtml = " The development of Open Banking could pave the way for the development of blockchain in financial services? C & # 39; has been a real reorganization of financial services since the Competition Authority and markets intervened to create the Open Banking on behalf …
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