International money transmitter Viamericas becomes yet another xRapid adopter, while e-payment company MoneyNetInt joins Ripple’s Global Payment Network RippleNet.
MoneyMatch, an authorized Kuala Lumpur-based startup for international money transfers, has made the first ever payment from Malaysia to Spain using Ripple’s enterprise blockchain platform.
Ripple’s xRapid payments solutions uses XRP tokens to source liquidity and facilitate instant cross-border payments at low costs.
The keynote address will be delivered by former U.S. president Bill Clinton followed by a number of visionaries from the financial space speaking on streamlining global payments.
Aiming to expand its operations across the Asian region, Ripple is now planning to promote its distributed ledger-based payments platform in China.
A leading Indian private sector bank Kotak Mahindra Bank will cooperate with Ripple to provide its customers with instant international remittance.
After joining other 120 financial institutions in RippleNet, BankDhofar has become the first Oman bank in this global blockchain network.
This is the first money transfer deal from the middle east to establish instant money transfer.
LianLian will be using Ripple’s xCurrent solution for cross-border settlements with end-to-end tracking.