Saudi British Bank Launches Ripple-Powered international Transfer Service
Ripple continues to grow as the blockchain technology most used in the international banking system. After revealing that more than 200 financial institutions had adopted its technology solutions, the company adds a fresh partner thanks to the decision of Saudi British Bank (SABB) to use Ripple for a new Instant Cross-Border Transfer Service.
In an announcement on its official website, the bank revealed that the new service is part of a business strategy focused on “digital transformation and enriching customer experience”.