Two days to two seconds: how SEB slashed payment times by ditching Swift for Ripple
The bank has moved $900 million across borders at lightning speed since tapping Ripple's blockchain solution. Its transaction services chief tells CT how, and details the limits of the system.
Swedish private banking group SEB has used blockchain to make hundreds of cross-border payments worth a total of $900 million since May in one of the first corporate use cases of the new technology.
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