PNC Becomes the First U.S. Bank Using RippleNet for Cross-Border Payments
American banking giant PNC has become the first bank in the country to use Ripple’s blockchain network, RippleNet, for processing cross border payments.
The company gets $50 million to apply a distributed ledger to financial services and expands its Board of Directors.
American banking giant PNC has become the first bank in the country to use Ripple’s blockchain network, RippleNet, for processing cross border payments.
Final round increased the total sum of investment to $60 million.
The company gets $50 million to apply a distributed ledger to financial services and expands its Board of Directors.