Al Ansari Exchange Taps RippleNet Cloud to Enable Cross-Border Remittances to Malaysia with MoneyMatch

Al Ansari Exchange Taps RippleNet Cloud to Enable Cross-Border Remittances to Malaysia with MoneyMatch
фото показано с : ripple.com

2021-10-20 17:00

Today, we’re thrilled to announce that UAE-based foreign exchange and worldwide money transfer company, Al Ansari Exchange has joined RippleNet. Through RippleNet Cloud, Ripple’s global cloud-based financial network technology, Al Ansari Exchange will connect with leading money transfer technology company MoneyMatch to provide same-day remittances to Malaysia. 

This service will initially support transactions in Malaysian Ringgit (MYR), with plans to support the Brunei dollar (BND) and the Australian dollar (AUD) in the future. 

“Blockchain technology has paved the way for seamless, transparent and advanced methods to send remittances in real-time worldwide. Adopting this technology on the cloud via our partnership with Ripple and MoneyMatch is in line with our commitment to provide our customers with more flexible, faster, safer and more innovative money transfer solutions. Together, we are carving new benchmarks in the industry, with an end goal of redefining customer experience and taking our services to the next level internationally,” said Rashid Al Ansari, Chief Executive Officer of Al Ansari Exchange.

RippleNet Cloud allows banks and financial institutions to move away from aging and expensive legacy on-premise infrastructure, and embrace the flexibility, speed and resilience of cloud computing without the burden of hardware management.

“We are excited to be partnering with Al Ansari Exchange, and look forward to supporting them and powering their Malaysian Ringgit transactions to Malaysia. The synergies that this partnership will unlock is promising, and we look forward to a long and fruitful business relationship between both parties. We hope the Malaysians working in the UAE will also lend us their support and try the service out,” said Adrian Yap, Chief Executive Officer of MoneyMatch.

“Al Ansari is one of the largest and longest-standing exchanges in the region, focused on expanding their network and evolving their offerings to provide the best financial services to their customers,” said Navin Gupta, Managing Director, South Asia and MENA, at Ripple. “We view this partnership with MoneyMatch as a continuation of that ethos, and we’re excited to be partnering with them to improve cross-border payments in key remittance corridors with RippleNet Cloud.” 

RippleNet leverages blockchain technology to help partners across a global network accelerate their business performance and scale. It delivers a superior end-customer experience, simplified network partnering, liquidity management solutions, lines of credit and a state-of-the-art infrastructure that enable real-time payments. If you’re a financial institution interested in adopting RippleNet Cloud, contact us today.

The post Al Ansari Exchange Taps RippleNet Cloud to Enable Cross-Border Remittances to Malaysia with MoneyMatch appeared first on Ripple.

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exchange ripplenet → Результатов: 44


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2019-10-10 16:38


Фото:

RippleNet Expands Network in Asia by Adding Korean Payment Group Coinone

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2019-4-5 03:46


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2019-2-12 15:12


Фото:

Компании ОАЭ и Таиланда применили RippleNet для финансовых операций

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2019-2-12 20:55


Фото:

Finablr запустит на RippleNet денежные переводы из ОАЭ в Таиланд

Финансовая компания Finablr из ОАЭ объявила, что ее бренды UAE Exchange и Unimoni будут сотрудничать с Ripple для реализации на блокчейне денежных переводов в Таиланд. Finablr заключила партнерское соглашение с Сиамским коммерческим банком, одним из крупнейших в Таиланде, для предоставления услуг в RippleNet.

2019-2-11 16:52


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2019-1-22 12:49


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2018-12-14 16:16


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2018-12-15 14:13


ОАЭ запустят систему платежей на базе технологии Ripple

Базирующаяся в Объединенных Арабских Эмиратах платежная компания UAE Exchange создает вместе с Ripple систему блокчейн-платежей, сообщает Reuters. Система ориентирована на азиатские рынки и, по словам главы UAE Exchange Промота Мангхата, будет поддерживаться «одним или двумя банками», работающими с платежной сетью RippleNet.

2018-12-14 11:20


Фото:

RippleNet Extends Its Reach to 40 Countries for Remittance and SME Transactions

In a world with an ever-growing number of digital currencies and blockchain projects, Ripple is unique as it came with a predefined and much-needed use case. The blockchain technology was to be used to help large institutions like banks easily transfer money globally without going through the hassles of foreign exchange rates and days of […] RippleNet Extends Its Reach to 40 Countries for Remittance and SME Transactions was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-23 19:13


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