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SEB Group: Increased speed for international payments


Weatherian

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18 minutes ago, Jan2Dec said:

Saw this when I logged into their system, what do you think. ?

SEB Group: Increased speed for international payments

?

“Ripple’s solution allows our customers to send real-time transfers between their SEB accounts in Sweden and New York,” said Paula da Silva, head of transaction services at SEB. “We plan to expand the solution to all geographies and time zones in which we operate.”

https://www.pymnts.com/blockchain/2017/ripplenet-blockchain-network-grows-to-100-financial-institutions/

That in some corridors they r using Swift and in other Ripple...Still in piloting phase

https://www.bloomberg.com/news/articles/2018-07-15/banks-are-building-a-super-speed-money-highway-in-the-nordics

Jesper Nielsen, head of banking in Denmark for Danske Bank A/S, says lenders behind P27 expect to have selected a company by the end of the year to help guide the project, with the first payments possible in 2019. Danske and Nordea Bank AB are among seven banks behind the project.
 

Edited by Live4xrp
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