IBIS Management Associates Inc., a leading international Financial Institution consultancy and payment solution developer in the Caribbean and the Americas has added Ripple connectivity to its SWISSRoute cloud-service.
When Marcus Treacher (Ripple’s SVP of Customer Success) revealed in a fireside chat a few weeks ago that Ripple was very keen to expand to China and that the company did transact with some Chinese nodes at the time, there was very little indication in what he was referring to. It seems that Ripple has been working under the radar with various banks and institutions in China and Malaysia for the better half of 2020.
Banco Santander sees great benefits in using RippleNet for its money transfer solution One Pay FX and is planning to expand it to new territories and customer segments.
Hatton National Bank (HNB), the fifth-largest bank in Sri Lanka, announced a 15% Year-on-Year (YoY) increase in digital remittances during COVID lockdown, as cardless withdrawals for Lankan expatriates and the HNB RippleNet blockchain facility for enterprises helped ease the difficulties faced by customers
Volante Technologies, the global financial technology company, can use its platform to settle through XRP via its Ripple connection.
Ripple to complete global coverage by mid-2021 and plug MoneyGram’s cash payout to RippleNet this year according to Marcus Treacher, Ripple’s SVP of Customer Success
Banco Rendimento, one of Ripple’s first partners in Brazil, is also the first to join the company’s cloud services.
Ripple meets with the President and representatives of the Central Bank of Brazil to address institutional matters.
Maerki Baumann & Co. AG becomes the third Swiss bank in a month to offer XRP trading and custody.