Finastra has partnered with Ripple for fast, reliable cross-border payments.
In Brief:
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Financial institutions using Finastra’s solutions will now benefit from Ripple’s blockchain technology.
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Financial institutions on RippleNet will be able to access Finastra’s network of banks.
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Mutual customers will be able to partner with one another.
What does this mean?
It’s hoped the partnership will speed up integration with a wider network of partners. Ripple will use Finastra’s wide user base to expand the reach of its solutions while Finastra will be able to harness Ripple’s blockchain technology.