Malaysian Lending Giant CIMB Joins Ripple's Cross Broader Payment

in #steemit • 6 years ago (edited)

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Malaysian lending giant CIMB Group Holdings Bhd has joined Ripple’s (XRP) cross-border payments network RippleNet

The $53.5 billion market cap CIMB will integrate Ripple’s XCurrent product, a software solution for expediting cross-border payments, for its “SpeedSend” remittance product. As Bloomberg reports, CIMB’s product serves multiple Southeast Asian markets, including the Philippines, Vietnam and Thailand.

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6 years ago in #steemit by
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