banco santander
Santander and Monitise make a joint venture agreement with the aim of launching a fintech venture builder later this year.
In his speech at Swell 2018, the Head of Innovation of Banco Santander highlighted Ripple’s active role in improving bank customers’ experience.
Cryptocurrencies are no longer a passing fad – blockchain is changing the standards of the financial systems. Bitcoin, Ether and Ripple have initially stimulated the development of numerous start-ups, but today they experience the increasing interest on the part of traditional financial institutions.
The use of blockchain considerably reduced the time of entire loan process – from negotiations to signing the loan – from a few days to just a few hours.
Santander will soon be launching a mobile app in Q1 2018 for instant payments powered with Ripple’s xCurrent technology.
Thus R3 project has just grown up to 42 members – the world’s largest and most influential banks.
Santander and Monitise make a joint venture agreement with the aim of launching a fintech venture builder later this year.
