Ripple, provider of leading enterprise blockchain solutions for payments, announced that 13 new financial institutions have signed up for the company’s payment network, RippleNet. The companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento. With these additions, there are […]
Ripple’s enterprise blockchain network adds a new bank
BankDhofar, an Oman-based financial investment management company, has joined RippleNet, a move the bank says enables it to provide global cross-border payments using Ripple’s blockchain technology. Read the full story at https://www.coindesk.com/ripples-enterprise-blockchain-network-adds-new-bank/ SOURCE:Coindesk
India’s Axis Bank uses RippleNet to facilitate payments between Singapore and the UAE
The Singapore-India trade corridor is worth $15 billion annually. Retail remittances between the UAE and India – thanks to the large Indian workforce in the UAE that send a significant proportion of their salaries home every year — amounts to nearly $12.6 billion annually. To meet this increasing demand for real-time payment services, Axis Bank […]
