More banks Adopting Block Chain with RIPPLE Leading the Charge!
' Ripple has announced new partnerships with FIVE more banking and money transfer institutions across four different countries. Itaú Unibanco from Brazil and IndusInd from India along with money remittance companies InstaReM from Singapore, Beetech from Brazil and Zip Remit from Canada will be adopting different Ripple platforms to facilitate real time international payments'.
(1) Itaú Unibanco from Brazil
'Itaú BBA is Latin America’s largest Corporate & Investment Bank and is part of the Itaú Unibanco group, one of the world’s largest financial conglomerates'.
https://www.itau.com.br/itaubba-en
(2) InstaReM from Singapore
InstaReM is an international funds transfer company that helps you transfer funds overseas across 50+ countries.https://www.instarem.com/
(3) Beetech from Brazil
BeeTech was born out of ideas that connect financial technology and innovation to transparency for the main currency exchange services in the world
https://www.beetech.global/en.html
(4) IndusInd from India
IndusInd bank boasts of more than 1000 branches and over 1,800 ATMs spread across the country. The Bank also has representative offices in London, Dubai and Abu Dhabi.
https://www.indusind.com/
(5) Zip Remit from Canada
'ZIP facilitates your need for money transfer solutions quickly and easily. Send and receive via our APP on your mobile device or computer. Deposit direct to your business client in the USA. Agent-based customer service locally'.
https://remit.by/zipremitonline/
'When financial institutions adopt blockchain technology for payments, it lowers both costs and transfer times for their customers, which is crucial in developing countries where financial flexibility is limited. By joining RippleNet, financial institutions are able to communicate information about a payment between each other and settle payments immediately.'
