The partnership with American Express focuses specifically on payments between the USA and the UK, though their "FX International Payments For Business" transactions.
“This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world.” said American Express’s chief information officer Marc Gordon.
Ripple, based in San Francisco has always focused on cross-boarder payments enabled by blockchain.
“Transfers that used to take days will be completed in real time, allowing money to move as fast as business today” Ripple CEO Brad Garlinghouse said in a statement.
Ripple (XRP) is up 15% today at time of publishing.
-------
New York News Desk
