Ripple Partners with Finastra Startup to Let It Use XRP and Access Global RippleNet Customers

Libra Coin News
Wed, 10/09/2019 - 07:41
Yuri Molchan
The cryptocurrency giant Ripple has teamed up with yet another payment startup to help it integrate its blockchain technology and XRP for instant transnational payments
Cover image via U.Today

On October 9, Ripple shared news about its new collaboration. The new partner is Finastra company that provides payment services. Ripple will help it integrate its blockchain technology to accelerate transnational payments and will provide access to over 200 financial institutions around the world that work with RippleNet at the moment.

The companies and banks working with Ripple will also have access to the hundreds customers of Finastra around the world.

Ripple will enable Finastra’s customers to conduct overseas payments, track them on the end-to-end basis, see all the ongoing fees, status and time of delivery.

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Finastra’s clients will also have an optional access to using Ripple’s new product On-Demand Liquidity that utilizes XRP. A high-ranking Ripple executive says:

“We’re thrilled to be partnering with a forward-thinking company like Finastra to bring Ripple’s technology to their many customers.”

Feel free to share your opinion on this new Ripple collaboration in the comment section below!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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