Jump to content

Swift challenges Ripple with instant payments


Andy_79

Recommended Posts

"SWIFT says it’s looking to become a global leader in account-to-account and business-to-business transactions, taking on credit giants Visa and Mastercard as well as emerging fintech companies like Ripple."

This suggests SWIFT has specifically said it is taking on Ripple. None of the original articles the Daily Hodl is referring to, claims SWIFT has said that though. I'm not sure if ISO 20022 for cross-border payments supports instant settlement, SWIFT's article on https://www.swift.com/standards/iso-20022-programme/timeline does not talk about it. Last but not least, the end-date to enable full ISO 20022 for cross-border payments is November 2025 (!)

Interesting to read:
https://www.finextra.com/blogposting/18607/swifts-major-announcement-slips-under-the-radar

Link to comment
Share on other sites

3 minutes ago, DirectorCoulson said:

Many new competitors showed up during the past two years. 

Its time to get some movement or see xrp fade into an abandoned digital asset de-risked by its creators while drinking coffee with regulators and paying their expensive salaries 

C’mon Director, keep up. This has nothing to do with XRP. You should know this!

Link to comment
Share on other sites

22 minutes ago, DirectorCoulson said:

Many new competitors showed up during the past two years. 

Give us a few working solutions then but only those that eliminate the need to keep correspondent accounts because that's what it's all about and the main "reason to be" for XRP.

And don't come up with JPM coin pls. Come on you can do it Director!! 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...