Santander to Launch Ripple-Based International Money Transfer App

[kreslik.news]

Bank Santander plans to launch a Ripple-based international payments app in the spring, according to Business Insider.

Nathan Bostock, UK CEO of Santander, said at the International Fintech Conference in London on Friday: “This spring, if not [sic] one beats us to it, we will be the first large retail bank to carry out cross-border payments at scale with blockchain technology.”

The launch was first announced by Santander at a presentation in January by CEO Ana Botin. She said that the new system will be available to customers in Spain, Brazil, the UK, and Poland.

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