Saudi British Bank Launches Ripple-Powered Instant Cross-Border Transfer Service

Cointelegraph

Published Apr 26, 2019 05:51AM ET

Updated Apr 26, 2019 06:02AM ET

Saudi British Bank Launches Ripple-Powered Instant Cross-Border Transfer Service

Saudi British Bank (SABB) has launched an instant cross-border transfer service powered byRipple, according to a news release on April 25.

The bank said the technology, unveiled at the Financial Sector Conference in Riyadh on April 24 and 25, formed part of its “strategic plan towards digital transformation and enriching customer experience.”

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