Brad Garlinghouse, CEO of Ripple believes dozens of banks will use blockchain products by the end of the year.
Ripple comes under fire as MPs and panelists question the company's program.
Banco Santander today announced the launch of an international transfer service with the use of blockchain-based technology.
First example of a major retail bank using Ripple on a large scale
Financial messaging provider SWIFT has successfully conducted a distributed ledger technology (DLT) proof of concept (PoC) for Nostro accounts reconciliation with 34 banks
New pilot program will explore use of digital asset XRP to enhance efficiency of international payments
According to a report by Chosun News, Woori Bank of South Korea has successfully tested overseas remittance via Ripple
Ripple can now provide instant access in emerging markets such as India, Brazil and China, IndusInd Bank says
Banks and remittance providers expand connections into India and Brazil
Saudi Arabia's central bank has signed a deal with U.S.-based Ripple to help banks in the kingdom settle payments using blockchain software, as Gulf regulators begin to explore new forms of financial technology
UAE Exchange has become the latest money transfer brand to join the RippleNet network to speed up the processing of remittance transfers across the Middle East and Asia