Ripple has joined forces with Clear Junction to enhance cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction’s FCA authorization and ISO 27001 certification guarantee secure and compliant payment solutions.
Ripple, a leading provider of enterprise blockchain and crypto solutions, has announced a strategic partnership with Clear Junction, a global leader in cross-border payment solutions for regulated institutions. This collaboration promises instant GBP and EUR payouts for customers in the UK and EU, thanks to Ripple’s cutting-edge blockchain solutions and Clear Junction’s secure infrastructure.
The goal of this partnership is to provide immediate and secure GBP and EUR-denominated payout coverage for Ripple’s vast customer base. Additionally, Ripple plans to introduce a range of new currencies for its customers later this year. Cassie Craddock, Managing Director, Europe at Ripple, expressed excitement about the partnership, highlighting Clear Junction’s support for their use cases and expertise in cross-border payments.
Clear Junction, an FCA-authorized e-money institution in the UK, is committed to providing secure and compliant payment solutions. Dima Kats, Founder and CEO of Clear Junction, emphasized the importance of the partnership, stating that it exemplifies how institutions can collaborate to enhance their services in the evolving landscape of correspondent banking.
Ripple Payments offers businesses the infrastructure needed to leverage blockchain technology for faster and more efficient cross-border payments. With a focus on providing an exceptional customer experience, simplified network partnering, and advanced infrastructure for real-time payments, Ripple serves customers across the globe, covering over 90% of the global FX market.
Established in 2016, Clear Junction offers multi-currency payment accounts, e-money accounts, virtual IBANs, and treasury services for regulated financial institutions. Partnering with Clear Junction enables clients to access new markets, reduce time to market, and leverage innovative technologies and expertise.
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