{"id":3213,"date":"2019-01-17T21:38:30","date_gmt":"2019-01-17T21:38:30","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=3213"},"modified":"2019-01-17T21:38:30","modified_gmt":"2019-01-17T21:38:30","slug":"ripplenet-surpasses-200-customers-worldwide","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/ripplenet-surpasses-200-customers-worldwide\/","title":{"rendered":"RippleNet Surpasses 200 Customers Worldwide"},"content":{"rendered":"<p><a href=\"https:\/\/www.coinbase.com\/join\/5742325d7c0e107ba900011c\"><img decoding=\"async\" class=\"wp-image-3215 aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/ad_banner_coinbase-1-300x37.jpg\" alt=\"\" width=\"584\" height=\"72\" srcset=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/ad_banner_coinbase-1-300x37.jpg 300w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/ad_banner_coinbase-1-768x94.jpg 768w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/ad_banner_coinbase-1-1024x126.jpg 1024w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/ad_banner_coinbase-1-850x104.jpg 850w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/ad_banner_coinbase-1.jpg 1141w\" sizes=\"(max-width: 584px) 100vw, 584px\" \/><\/a><\/p>\n<p>Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company\u2019s payment network, RippleNet. The companies include\u00a0<a href=\"https:\/\/www.euroeximbank.com\/\">Euro Exim Bank<\/a>,\u00a0<a href=\"https:\/\/www.sendfriend.io\/\">SendFriend<\/a>,\u00a0<a href=\"https:\/\/jn-fx.com\/\">JNFX<\/a>,\u00a0<a href=\"https:\/\/www.ftcs.se\/\">FTCS<\/a>,\u00a0<a href=\"https:\/\/abk.eahli.com\/abk\/Default.aspx\">Ahli Bank of Kuwait<\/a>,\u00a0<a href=\"https:\/\/transpaygo.com\/\">Transpaygo<\/a>,\u00a0<a href=\"https:\/\/www.bfc.com.bh\/\">BFC Bahrain<\/a>,\u00a0<a href=\"https:\/\/www.connectpay.com\/\">ConnectPay<\/a>,\u00a0<a href=\"https:\/\/gmtonline.co.il\/en\/partner\/ripple\/\">GMT<\/a>,\u00a0<a href=\"https:\/\/worldcomfinance.com\/\">WorldCom Finance<\/a>,\u00a0<a href=\"https:\/\/www.olympiatrust.com\/\">Olympia Trust Company<\/a>,\u00a0<a href=\"https:\/\/www.pontualmt.com\/\">Pontual<\/a>\/<a href=\"https:\/\/www.usend.com\/index.cfm?MDdZLiw2JTk0VihaKUg0WjYiMSgsRjAgIAo=\">USEND<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.rendimento.com.br\/en\/\">Rendimento<\/a>. With these additions, there are now more than 200 customers signed up for RippleNet.<\/p>\n<p>JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will leverage the digital asset XRP to source liquidity on-demand when sending payments on behalf of their customers. Using\u00a0<a href=\"https:\/\/ripple.com\/ripplenet\/on-demand-liquidity\/\">XRP for liquidity<\/a>\u00a0when sending a cross-border payment helps financial institutions avoid the hassle of pre-funding accounts in destination currencies. It allows them to make faster, lower cost payments than they can through the traditional correspondent banking system.<\/p>\n<p><a href=\"https:\/\/www.coinbase.com\/join\/5742325d7c0e107ba900011c\"><img decoding=\"async\" class=\"size-medium wp-image-3216 aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/coinbase-banner-2-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/coinbase-banner-2-300x300.jpg 300w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/coinbase-banner-2-150x150.jpg 150w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/coinbase-banner-2.jpg 484w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>For the financial institutions on RippleNet not currently using XRP for liquidity but interested in immediate settlement\u2014such as CIMB or Olympia Trust Company\u2014they are able to leverage Ripple\u2019s technology and modern APIs for faster, lower cost and more transparent payments.<\/p>\n<ul>\n<li>Kaushik Punjani, Director, Euro Exim Bank: \u201cAs a leader in trade finance solutions for global corporates and fintechs, we are uniquely placed to offer new payment channels and ways to source liquidity. Our customers\u2014whether big corporates or individual remitters\u2014have historically been restricted from obtaining suitable funds or settling transactions in a cost efficient and timely manner. Working collaboratively with Ripple and selected counterparts, we have designed, tested and are implementing both xCurrent and xRapid in record time, and we look forward to the benefits these will bring our customers.\u201d<\/li>\n<li>David Lighton, Founder, SendFriend: \u201cThe existing correspondent banking system is slow, inefficient and costly. SendFriend was founded at MIT with the belief that there must be a better way to send payments. We are excited to partner with Ripple to do just that. Through our partnership, we are bringing our customers a next-generation, blockchain payment solution that leverages XRP to address many of the efficiency and equity problems with existing remittances. For them, that means cheaper and faster payments.\u201d<\/li>\n<li>Ashay Mervyn, Head of Emerging Markets, JNFX: \u201cPayments between countries are beset with inefficiencies\u2014inefficiencies around cost, inefficiencies around speed and inefficiencies around transparency. RippleNet is specifically geared to address these problems. For our customers who range from the largest conglomerates in Africa (with operations and commitments in over 40 countries) to individuals in villages in rural Nigeria, our decision to join RippleNet and utilize their payment solution\u2014including XRP for on-demand liquidity\u2014just makes sense.\u201d<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.coinbase.com\/join\/5742325d7c0e107ba900011c\"><img decoding=\"async\" class=\"size-medium wp-image-3146 aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/11\/Ripple-Western-Union-FLEETCOR-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/11\/Ripple-Western-Union-FLEETCOR-300x169.jpg 300w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2018\/11\/Ripple-Western-Union-FLEETCOR.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>\u201cIn 2018, nearly 100 financial institutions joined RippleNet, and we\u2019re now signing two\u2014sometimes three\u2014new customers per week. We also saw a 350 percent increase last year in customers sending live payments, and we\u2019re beginning to see more customers flip the switch and leverage XRP for on-demand liquidity,\u201d said Brad Garlinghouse, CEO of Ripple. \u201cAt the end of the day, our goal is to make sure our customers can provide excellent, efficient cross-border payments experiences for their customers, wherever they are in the world.\u201d<\/p>\n<p>RippleNet currently operates in over 40 countries across six continents. If you are interested in learning more, please visit us\u00a0<a href=\"https:\/\/ripple.com\/ripplenet\/join-the-network\">here<\/a>.<\/p>\n<p><a href=\"https:\/\/www.coinbase.com\/join\/5742325d7c0e107ba900011c\"><img decoding=\"async\" class=\"wp-image-3217 aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/coinbase-banner-1-300x37.jpg\" alt=\"\" width=\"535\" height=\"66\" srcset=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/coinbase-banner-1-300x37.jpg 300w, https:\/\/atozcrypto.org\/wp-content\/uploads\/2019\/01\/coinbase-banner-1.jpg 728w\" sizes=\"(max-width: 535px) 100vw, 535px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company\u2019s payment network, RippleNet. The companies include\u00a0Euro Exim Bank,\u00a0SendFriend,\u00a0JNFX,\u00a0FTCS,\u00a0Ahli Bank of Kuwait,\u00a0Transpaygo,\u00a0BFC Bahrain,\u00a0ConnectPay,\u00a0GMT,\u00a0WorldCom Finance,\u00a0Olympia Trust Company,\u00a0Pontual\/USEND\u00a0and\u00a0Rendimento. With these additions, there are now more than 200 customers signed up for RippleNet. JNFX, SendFriend, Transpaygo, FTCS &hellip;<\/p>\n","protected":false},"author":1,"featured_media":3214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[15,59],"tags":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RippleNet Surpasses 200 Customers Worldwide - AtoZcrypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atozcrypto.org\/ripplenet-surpasses-200-customers-worldwide\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RippleNet Surpasses 200 Customers Worldwide - AtoZcrypto\" \/>\n<meta property=\"og:description\" content=\"Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company\u2019s payment network, RippleNet. The companies include\u00a0Euro Exim Bank,\u00a0SendFriend,\u00a0JNFX,\u00a0FTCS,\u00a0Ahli Bank of Kuwait,\u00a0Transpaygo,\u00a0BFC Bahrain,\u00a0ConnectPay,\u00a0GMT,\u00a0WorldCom Finance,\u00a0Olympia Trust Company,\u00a0Pontual\/USEND\u00a0and\u00a0Rendimento. With these additions, there are now more than 200 customers signed up for RippleNet. 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The companies include\u00a0Euro Exim Bank,\u00a0SendFriend,\u00a0JNFX,\u00a0FTCS,\u00a0Ahli Bank of Kuwait,\u00a0Transpaygo,\u00a0BFC Bahrain,\u00a0ConnectPay,\u00a0GMT,\u00a0WorldCom Finance,\u00a0Olympia Trust Company,\u00a0Pontual\/USEND\u00a0and\u00a0Rendimento. With these additions, there are now more than 200 customers signed up for RippleNet. 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