Finastra has partnered with Ripple for fast, reliable cross-border payments.
Financial institutions using Finastra’s solutions will now benefit from Ripple’s blockchain technology.
Financial institutions on RippleNet will be able to access Finastra’s network of banks.
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.