Using Ripple Tech, Thai Oldest Bank Reduced Cross-Border Transaction Time From 2 Days To 1 Minute

A recent report has it that Thai oldest bank, Siam Commercial Bank (SCB), has made a cross-border payments transfer using Ripple’s technology. Leveraging ripple’s technology, the bank was able to complete a transaction which normally takes about 2 days in just 1minute. SCB and Ripple Making Cross-border B2B Payment Easy “In a bid to optimize …