Ripple - Executive Summary for Financial Institutions

editor score
Editor Score:
100
editor score
Quality:
100
editor score
Usability:
100
editor score
Reliability:
100
Asset Type
License
Free
Expiration
Monday, October 14, 2024
Publication year
2014
Industry
Financial

Ripple simplifies interbank payments at the infrastructure-level Ripple is technology for routing payments and settling funds - it does not replace the existing networks (e.g. ACH in the US, BACS in the UK, international wire), but enables them to become faster, cheaper, and more interconnected. Banks, clearinghouses, and governments can build simple, powerful interbank payment networks on top of Ripple, enabling payment execution and fund settlement to occur simultaneously and in real time

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Author:
Ripple
Publisher:
Ripple
Time horizon:
2-5 Years
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