Payments company American Express deepens their work on Blockchain. Ripple reaches American Express and Santander partnership summit
Ripple reaches American Express and Santander partnership summit
Cooperation between American Express, Ripple and Santander Bank reaches new peak. The three-way partnership, which began in November last year, is constantly evolving as they continue to develop Blockchain solutions to ensure the safety of high-speed cross-border payments. American Express Careers On the board of directors, a clear reference to the partnership has been made as evidence that the company has focused on growth, new products and technology offerings to meet customer needs and develop the American Express brand.
We are offering a Blockchain solution with Ripple and Santander in 2018.
Ripple grows with American Express and Santander Bank
Both American Express and Santander Bank have started with their partnership with Ripple has been using Ripple's technology to move beyond borders. Colin O'Flaherty, American Express vice president, confirmed last week at the Money 20/20 Europe conference that the company will use Ripple's xCurrent tool to allow global operations at higher speeds and greater levels of transparency. Colin O'Flaherty says Ripple has lifted the problems of cross-border payments and has improved customer satisfaction. xCurrent product is already being used by Santander for customers to benefit from OnePayFX service which allows them to complete international transfers on the same day or the following days.
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