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[FAKE NEWS] SWIFT will use XRapid to process payments using XRP. Here is the proof


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https://coinnounce.com/swift-will-use-xrapid-to-process-payments-using-xrp-here-is-the-proof/

"Swift has redefined their standards document and added new features around payment which we can see in the SWIFT gpivideo posted by Swift on 1st March 2018. At the same time, SWIFT has built the API interfaces to be able to plug in Ripple Net for XCurrent or XRapid...."

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25 minutes ago, JBW said:

I don't think SWIFT will use Xrapid ever. I hope they would but I don't think so

SWIFT will indeed never use Xrapid. BUT the thousands of banks who are connected via the SWIFT network WILL definitely use it.

The cooperation of banks (using the SWIFT service network) have the API’s in place to connect TIPS, RT1 and Ripplenet. On the 1st of december 2018 all will be connected.

Around the 15th of november 2018 the new ISO message standard will be live on the SWIFT network. This message format is compatible with Ripplenet.

It is quite clear what is unfolding here.

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Let me get this right. So now banks won't use xCurrent but rather use SWIFTgpi and tap into the liquidity of xRapid. GTFOH! 

The SWIFT video is talking about iso 20022.

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1 hour ago, cryptoxrp said:

SWIFT will indeed never use Xrapid. BUT the thousands of banks who are connected via the SWIFT network WILL definitely use it.

The cooperation of banks (using the SWIFT service network) have the API’s in place to connect TIPS, RT1 and Ripplenet. On the 1st of december 2018 all will be connected.

Around the 15th of november 2018 the new ISO message standard will be live on the SWIFT network. This message format is compatible with Ripplenet.

It is quite clear what is unfolding here.

It sounds like you're 100% sure of these facts - can I ask what's the source of them?  Are you working for SWIFT or one of those 1000s banks?

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4 minutes ago, yezu said:

It sounds like you're 100% sure of these facts - can I ask what's the source of them?  Are you working for SWIFT or one of those 1000s banks?

SWIFT has reported themselves that they will connect to the TIPS network by november 2018.... TIPS will be connected to RT1 has also been reported. That is old news....sorry

read earlier my and @Swiss posts and sources on this website please. ?

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