The National Bank of Fujairah (NBF) has joined the extensive list of Ripple’s banking partners
RippletNet, the global payment network that is run by crypto behemoth Ripple, has onboarded yet another major commercial bank in the Gulf Region.
According to Entrepreneur Middle East, a Dubai-based business magazine, the National Bank of Fujairah (NBF) now uses the benefits of Ripple’s Blockchain technology for conducting cross-border payments.
ENTREPRENEUR MIDDLE EAST | SEPTEMBER 2019 | PAGE 70 | "NBF is utilising the benefits of Ripple-Net" https://t.co/w1FVPTlZYA pic.twitter.com/e9BmliB8M2
— ༜༝🅂🅃🅄🄰🅁🅃🅇🅁🄿💧⚡ (@stuart_xrp) September 23, 2019
Furthermore, the NBF claims that it is currently working with other banks to implement Ripple in 2019.