Ví dụ về việc sử dụng Cross-border payments trong Tiếng anh và bản dịch của chúng sang Tiếng việt
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As per Visa's website,B2B Connect was launched back in 2017 to process corporate cross-border payments.
High operational costs of the transactions, the complexity of cross-border payments, as well as dealing with regulatory agencies.
Its sole aim is to facilitate large financial institutions with an easy andreliable way for cross-border payments.
When we look at blockchain and the solutions it offers in cross-border payments, we have an opportunity to address their needs.
In fact, financial institutions have already begun to use XRP as a liquidity tool,reducing the cost of sending cross-border payments.
The least is the operational costs of the transaction, the complexity of cross-border payments, and having to deal with the regulatory body.
Ripple, the biggest company building on the XRP Ledger,has long championed its use as a digital asset used in cross-border payments.
Ripple provides a real solution for eliminating the friction in cross-border payments, and it's delivering value to real customers right now.
On late 2017, Visa announced a B2B solution that used Blockchain Technologies to improve efficiency andtransparency on cross-border payments.
This is a huge milestone in helping to transform cross-border payments, and I look forward to a long-term, very strategic partnership between our two companies.
Oman's second-largest bank by market value,BankDhofar started to use RippleNet technology for cross-border payments to India.
In contrast, xRapid processes cross-border payments by XRP, with the sending party putting fiat into a cryptocurrency exchange, converting it to XRP, and converting that XRP to the receiving party's desired fiat currency.
To learn more about howRipple sources liquidity from XRP for on-demand cross-border payments, visit our solutions page for xRapid.
The session started with a question from Kahina Van Dyke about some of the current trends that are being seen from the investment side of the aisle in fintech,specifically involving cross-border payments.
Through this MoU,MUFG Bank has decided to start the collaborative development for cross-border payments between Japan and Brazil, using Ripple's technology.
The collaboration aims to leverage Ripple's blockchain-based payments network RippleNet to facilitate faster andcheaper cross-border payments.
As a result, SWIFT,which currently handles more than half of all high-value, cross-border payments, might be additionally challenged to update its remittance system.
Moreover, the launch of XRP will not necessarily push the price of XRP immediately, as multiple regulatory hoops may need to bejumped through before XRP is utilized fully for cross-border payments.
RippleNet has become a global network that powers fast,cheap and more transparent cross-border payments, compared to traditional methods, to over 40 countries and six continents.
As per the article, the digital currency‘will be strictly targeted for banks at an experimental phase with the aim of better understanding the implications of blockchain andfacilitating cross-border payments.'.
According to the report, the network already covers 30 trade channels worldwide to enable faster andcheaper cross-border payments, and is expected to expand to 90 markets by the end of 2019.”.
Catalyst Corporate Federal Credit Union serves 1400 credit unions across the country, many of whom already rely on wire services orproducts from payment providers to send cross-border payments.
Several banks in the Middle East have already piloted the solutions available on the RippleNet,primarily for cross-border payments- for which several financial institutions have shown interest in DLTs.
The cross-border digital currency will be strictly targeted for banks at an experimental phase with the aim of better understanding the implications of blockchain technology andfacilitating cross-border payments.
ICICI Bank has relied on the technology of the blockchain and is proud to be the first Bank in the country,which handles cross-border payments using the technology in partnership with major Dubai lender Emirates NBD.
With a network of 190,000 locations in 120 countries,Tempo and their cross-border payments enable customers to pay remotely for services such as water, phone, electricity, and health insurance.
RippleNet has also become a truly global network, powering faster,cheaper and more transparent cross-border payments to over 40 countries and six continents.“.
The RippleNet is also having a global influence more than ever before providing faster,cheaper and more transparent cross-border payments to over 40 countries and six continents.
Santander UK CEO:"This spring, if not one beats us to it,we will be the first large retail bank to carry out cross-border payments at scale with blockchain technology.".
This is similar to how Ripple has convinced banks like BBVA andBanco Santander to utilize the blockchain in processing cross-border payments, the technology may improve the existing solutions of banks.