Partnership for modernizing global payment systems. American finance company American Express joined RippleNet. Among the participants of the distributed network of Ripple are: Credit Agricole, one of the largest French banks, Airwallex, the global payment network, Cuallix, the financial organization, Currencies Direct and TransferGo, dealing with money transfers and other well-known companies. It is planned that, thanks to this partnership, Amex, together with UK Santander, may create a transaction channel. Brad Garlinghouse, CEO of Ripple said; ‘’Ripple, by adding American Express and Santander into its network, took a big step to solve the problem, that corporate clients experience when making global payments. Money transfers that used to take many days, can now be done synchronously.’’
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