Ripple vs SWIFT: Payments (r)evolution
Cross border payments are currently slow, expensive and opaque. Ripple offers sub second efficiently priced payments using a variant of blockchain technology. In response, SWIFT has launched GPII, same day credit of funds, up front pricing and payment tracking. This article explores the two solutions, and what they mean for treasurers.
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INTIX helps banks and corporate treasuries integrate both SWIFT’s GPI as well as Ripple payments for reporting, business analytics, monitoring, …