Ripple has joined forces with Clear Junction to enhance cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction’s FCA authorization and ISO 27001 certification ensure secure and compliant payment solutions.
As a leader in enterprise blockchain and crypto solutions, Ripple announced a strategic partnership with Clear Junction, a global frontrunner in cross-border payment solutions for regulated institutions. This collaboration promises instant GBP and EUR payouts for UK and EU customers, unlocking a new era of cross-border payments.
The aim of this partnership is to provide instant and secure GBP and EUR-denominated payout coverage for Ripple’s extensive customer base. Additionally, Ripple plans to introduce a variety of new currencies for its customers later this year. Cassie Craddock, Managing Director, Europe at Ripple, expressed excitement about the partnership, highlighting Clear Junction’s support for all their use cases.
Clear Junction’s status as an FCA-authorized e-money institution in the UK underscores its ability to provide secure and compliant payment solutions. The firm’s achievement of the ISO 27001 certification further emphasizes its commitment to operational security and data protection. Dima Kats, Founder and CEO of Clear Junction, emphasized the significance of the partnership, stating that they are thrilled to be part of the transformation in correspondent banking.
Ripple Payments offers enterprise-grade infrastructure for faster, cheaper, and more efficient cross-border payments. With payout capabilities in more than 80 markets, Ripple serves hundreds of customers across over 55 countries on six continents. Clear Junction, established in 2016, provides quick and secure access to multi-currency payment accounts, e-money accounts, virtual IBANs, and treasury services for regulated financial institutions.
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