Finastra and Ripple collaborate to integrate blockchain technology to support fast cross-border payments

According to Fstech, Finastra, a UK financial software company, has partnered with Ripple to integrate blockchain technology through its payment solutions to support fast cross-border payments. As part of the partnership, Finastra's customers will be able to connect and trade with RippleNet's partners and more than 200 financial institutions around the world. Similarly, their partners can also access Finastra. Users will also be able to send international payments for end-to-end tracking and visibility, delivery time and status. In addition, customers will be hosted on Ripple's cloud solution, which will increase integration with other network partners and allow for faster upgrades. They also have the option to use On Demand Liquidity services that use XRP for cross-border payments.