Ripple and Clear Junction have joined forces to revolutionize cross-border payments in GBP and EUR for customers in the UK and EU. With Clear Junction’s FCA authorization and ISO 27001 certification ensuring secure and compliant payment solutions, this partnership promises instant GBP and EUR payouts for UK and EU customers. Ripple, a leader in enterprise blockchain and crypto solutions, is excited about this collaboration with Clear Junction, a global frontrunner in cross-border payment solutions for regulated institutions.
This strategic alliance aims to provide instant and secure GBP and EUR-denominated payout coverage for Ripple’s extensive customer base. Additionally, Ripple plans to introduce new currencies for its customers later this year. Cassie Craddock, Managing Director, Europe at Ripple, expressed excitement about the partnership, emphasizing Clear Junction’s support for all of Ripple’s use cases. Clear Junction’s status as an FCA-authorized e-money institution in the UK and its ISO 27001 certification underscore its commitment to operational security and data protection.
Dima Kats, Founder and CEO of Clear Junction, highlighted the importance of the partnership, stating that it exemplifies how two institutions can come together to enhance their services. Ripple Payments offers enterprise-grade infrastructure for faster, cheaper, and more efficient cross-border payments, serving customers across over 55 countries with payout capabilities in more than 80 markets. Clear Junction, established in 2016, provides quick and secure access to multi-currency payment accounts and treasury services for regulated financial institutions, helping clients reduce the time to market and access new markets.
Overall, the Ripple and Clear Junction partnership signifies a new era in cross-border payments, combining advanced blockchain technology with secure infrastructure to deliver seamless and efficient payment solutions for customers in the UK and EU.