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Ripple and Jeonbuk Bank Modernize Cross Border Payments

Ripple, a blockchain payments company, has entered into a partnership with South Korean regional bank Jeonbuk Bank to deploy faster Cross Border Payments for busin ess customers. The collaboration makes Jeonbuk Bank the first regional bank in South Korea to adopt Ripple Payments for cross-border remittances, according to the company. The move is intended to shift Jeonbuk Bank's international payment operations away from traditional multi-intermediary processes that could take several days. Instead, the bank will use Ripple Payments, a blockchain-based solution, to settle transactions within seconds or minutes. The service is also designed to operate around the clock, giving businesses...

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New Nature Transition Model for the Finance Sector

The finance sector adopts a nature transition model Paris and Oslo are pushing biodiversity deeper into investment mainstream as BNP Paribas...

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