Ripple and Clear Junction have joined forces to enhance cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction’s FCA authorization and ISO 27001 certification ensure secure and compliant payment solutions.
Ripple, a renowned leader in enterprise blockchain and crypto solutions, has recently announced a strategic partnership with Clear Junction, a global frontrunner in cross-border payment solutions for regulated institutions.
This exciting collaboration promises instant GBP and EUR payouts for UK and EU customers through Ripple’s enterprise-grade blockchain solutions and Clear Junction’s secure infrastructure.
The partnership aims to provide instant and secure GBP and EUR-denominated payouts for Ripple’s extensive customer base. Additionally, Ripple plans to introduce new currencies for its customers later this year.
Cassie Craddock, Managing Director, Europe at Ripple, expressed enthusiasm about the partnership, highlighting Clear Junction’s support for all of Ripple’s use cases and its robust relationships with existing clients.
Clear Junction’s status as an FCA-authorized e-money institution in the UK and its ISO 27001 certification demonstrate its commitment to operational security and data protection.
Dima Kats, Founder and CEO of Clear Junction, emphasized the significance of the partnership in enhancing offerings in both fiat and cryptocurrency domains and being part of the evolution of correspondent banking.
Ripple Payments offers enterprise-grade infrastructure for faster, cheaper, and more efficient cross-border payments. With over 55 countries served on six continents, Ripple’s solutions cover over 80 markets in more than 90% of the global FX market.
Established in 2016, Clear Junction provides secure access to multi-currency payment accounts, e-money accounts, virtual IBANs, and treasury services for regulated financial institutions.
The price of XRP has seen a slight increase to $0.5276, continuing to trend sideways. For more information on Ripple and XRP, check out our recommended guides and news updates.