Santander Partners with Ripple on International Money Transfer App

Santander has teamed up with Ripple to bring to market the first international money transfer app by a large retail bank based on blockchain technology; the project does not yet have a launch date but Business Insider reports the companies said in the next few months; the app will allow for transfers to be settles within 24 hours and customers will be able to understand all costs before making a transfer. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.