Cryptocurrency Short News

PNC Bank And RippleNet To Provide Cross-Border Payments

PNC becomes first US bank on RippleNet

news-image

PNC Treasury Management, the United States’ eighth-largest bank, is now offering RippleNet-based cross-border payment solutions to its commercial clients. RippleNet blockchain provides a frictionless experience to send money globally within a secured infrastructure.

Advertisement

However, PNC claims that this will help traders to receive payments from overseas buyers instantly. Also, it will transform the way they manage their global account receivables, allowing them to better manage their working capital. PNC had first revealed its plans to use RippleNet back in September 2018. After several brainstorming, the project has now shaped itself.

Tags
Show More

Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

Related Articles

Back to top button
Close
Close