Satoshi Nakamoto Blog
Image default
Banking Blockchain cross-border payments digital Finastra homepage-featured-4 Partnerships Payments Ripple

Ripple inks blockchain partnership with Finastra – FinTech Futures


Finastra has partnered with Ripple to supplement its payment solutions with the blockchain firm’s technology and bolster its cross-border capabilities.

Ripple and Finastra bolster each other’s payments capabilities

Finastra clients will be able to connect and transact with the 200 members of the RippleNet partnership programme. In turn those partners will be able to access what the vendor calls its “vast global footprint”.

Customers will be hosted on Ripple’s cloud solution and have the option to use On Demand Liquidity, which leverages the digital asset XRP for cross border payments.

“Finastra is an established fintech player and works with a majority of the world’s top banks,” says Marcus Treacher, senior vice president of customer success at Ripple.

Related: Seattle Bank selects Finastra for core banking

“This partnership will enable Ripple to expand the reach and solutions for our partners, and the footprint of RippleNet while allowing customers to transact directly with each other.”

Riteesh Singh, senior vice president of FMS at Finastra, adds: “Finastra’s collaboration with Ripple is another strong example of Finastra’s belief that the future of finance is open, and it demonstrates our commitment to bringing the latest innovations and choice to our customers.”





Source link

Related posts

XRP/USD Price Analysis: Prices stagnate as the bears and the bulls continue to brawl

satoshi

Why Big Data Needs Blockchain Technology – BTCMANAGER

satoshi

Catalan Government Considers Blockchain for Public E-Voting System

satoshi

Maynooth University launches International College of Engineering at Fuzhou University in China – Irish Tech News

satoshi

Personal finance app Fintify gets FCA approval – FinTech Futures

satoshi

Announcements & Releases for October 5, 2018

satoshi