Join Our Mailing List
Friday February 03, 2023
Bitcoin (BTC) $23,528.30   Ethereum (ETH) $1,648.67
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Payments

eZforex announces successful cross border payments using Ripple blockchain

Published by CryptoNinjas.net
04/24/2017

Texas-headquartered eZforex.com, Inc. a provider of foreign exchange services to banks, banker’s banks, credit unions, and corporate credit unions, today announced that it is expanding its suite of global payments solutions to include Ripple’s blockchain technology.

Ripple, a San Francisco based company, connects banks around the world by offering real-time cross border payment services to its customers using distributive ledger technology.

Ripple’s native asset XRP is currently the number 3 ranked cryptocurrency in the world by market cap at $1.1 billion USD.

After one year of development, eZforex, in collaboration with Ripple and Star One Credit Union, reported that they were able to deliver live payments to 4 continents on April 10, 2017.

Robert Crandall, former CEO of American Airlines, Inc. and an eZforex investor noted:

“This is a major step forward. Now all financial institutions, regardless of size, can offer their customers access to the safest, lowest cost funds transfer technology.”

Known for innovating turn-key Dodd-Frank 1073 compliance solutions, including the Federal Reserve’s ACH initiative, relied upon by several international payments providers nationwide, eZforex is now taking a leap into the future by cooperating with Ripple to establish a new industry standard with international blockchain payments for the banking industry.

Evan Shelan, eZforex Chairman added:

“We are ecstatic to have a part in helping move the industry forward and excited to begin rolling-out blockchain technology to all eZforex banks and credit unions this year.”

Lynn Brubaker, Star One Credit Union’s VP Deposit Services added:

“Our members are going to greatly benefit from the speed, high security, and low prices that blockchain technology provides for our international remittances.”

46
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Royal Monetary Authority of Bhutan and Ripple to pilot CBDC with private blockchain

09/22/2021
Royal Monetary Authority of Bhutan and Ripple to pilot CBDC with private blockchain

Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, today announced a collaboration with Bhutan’s central bank, the Royal Monetary Authority (RMA), to pilot a central bank digital currency (CBDC) using...

Read more

Banco Rendimento first bank to use Ripple’s blockchain payments in the cloud

06/15/2020
Banco Rendimento first bank to use Ripple’s blockchain payments in the cloud

Ripple, a provider of enterprise blockchain solutions for payments, today announced Banco Rendimento has launched with RippleNet Cloud. As the first bank to use Ripple technology entirely in the cloud, Banco Rendimento joins nearly...

Read more

Thailand remittance payment platform DeeMoney connects to RippleNet

03/19/2020
Thailand remittance payment platform DeeMoney connects to RippleNet

DeeMoney, a fintech company based in Thailand specializing in digital cross-border money transfers, has announced its platform is now processing live transactions, in partnership with Ripple, the enterprise blockchain solution for global payments. Through...

Read more

Azimo to use Ripple ODL and XRP for remittances into The Philippines

02/26/2020
Azimo to use Ripple ODL and XRP for remittances into The Philippines

Ripple, the cross-border payment network powered by distributed ledger technology (DLT), today announced a new partnership with European digital money transfer service Azimo. The company has launched with Ripple’s On-Demand Liquidity (ODL) service as...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy