#international remittance

Ripple Facilitates Payment Remittances From India to Saudi Arabia

May 22, 2019 by Ashwath Balakrishnan at Adoption, Altcoins, Blockchain, Finance, News, Ripple

Indian commercial bank IndusInd has tied up with Saudi Arabian British Bank (SABB) through their partnership with Ripple. The payment remittance corridor between the two countries is powered through xRapid and xCurrent, as both banks adopted both networks, as revealed by Ripple, May 20, 2019. Further Headway in India After...

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Across the Border: Blockchain in Cross-Border Payments

May 15, 2019 by Tokoni Uti at Blockchain, Finance, News

Even as blockchain is being widely used in cross-border payments, we look at the potential for widespread adoption, as well as the progress made thus far. An Offering for the World There is a lot of speculation that surrounds the future of blockchain and how it will be used in...

Pakistan Embraces Blockchain Technology; International Remittance Service Launched

January 10, 2019 by Aisshwarya Tiwari at Blockchain, Business, Finance, News

According to a press release published on January 8, 2019, Pakistan’s telecommunications company Telenor, in association with Valyou, has successfully launched a blockchain-enabled cross-border remittance service. Notably, the service is powered by distributed ledger technology (DLT) developed by Alipay. Rapid and Secure International Remittance Service for Pakistanis in Malaysia On...