“For instance, Rwanda, where the summit is taking place, is seeking to move from a cash-based economy to a digital one."
The company is backed by well-known investors including PayPal, Thrive Capital, Index Ventures and Ribbit Capital.
Absa became a direct CLS settlement member at the end of 2017, having previously been an associate member, operating through Barclays.
According to an announcement published Friday on Ripple’s blog, the UAE’s largest lender, the National Bank of Abu Dhabi (NBAD), has become the first bank in the Middle East to partner with Ripple. Through integrating Ripple’s technology
This back-to-front renovation project will result in a truly digital bank, greater access for the bank’s customers, even in the most rural parts of Suriname, and a seamless customer experience.
Available in English, but able to understand Singlish, the bot also allows users to track and get the latest information on their preferred funds with a ‘Watchlist’ function.