Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




eZforex.com, Ripple, Star One Credit Union Collaborate Provide the Standard Banking
  • 22 Vote(s) - 3.59 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: eZforexLogo.png]
SAN FRANCISCO--(BUSINESS WIRE)--eZforex.com, Inc. (eZforex), a national leader in providing foreign currency for travelers through financial institutions and cutting-edge international payments solutions, announced today that it is expanding its suite of global payments solutions to include Ripple’s BlockChain technology. Ripple, a San Francisco based company, connects banks around the world by offering real time cross border payment services to its customers using BlockChain and Distributive Ledger Technology.

After one year of development, eZforex, in collaboration with Ripple and Star One Credit Union, was able to deliver live payments to 4 continents on April 10, 2017. Robert Crandall, former CEO of American Airlines, Inc. and an eZforex investor noted, “This is a major step forward. Now all financial institutions, regardless of size, can offer their customers access to the safest, lowest cost funds transfer technology.”

Once known for innovating turn-key Dodd-Frank 1073 compliance solutions, including the Federal Reserve’s FedGlobal ACH initiative, relied upon by several international payments providers nationwide, eZforex is now taking a leap into the future by cooperating with Ripple to create the newest industry standard: International BlockChain Payments for the banking industry.


“The mainstreaming of BlockChain Technology will change the cross-border payment landscape for banks and credit unions in the United States sooner than anyone predicted,” noted Jorge Jimenez, CEO of eZforex.com, Inc.


Evan Shelan, eZforex Chairman added, “We are ecstatic to have a part in helping move the industry forward and excited to begin rolling-out BlockChain Technology to all eZforex banks and credit unions this year.”


Lynn Brubaker, Star One Credit Union’s VP Deposit Services added, “Our members are going to greatly benefit from the speed, high security, and low prices that BlockChain technology provides for our international remittances.”


eZforex, Ripple, and Star One Credit Union are featuring their success story of launching the first BlockChain payments in the USA at NACHA Payments in Austin on April 24th.



About eZforex.com, Inc. (eZforex)


eZforex.com, Inc., a Longview, Texas based corporation, is the nation's leading foreign exchange service and international transfers solutions provider for financial institutions. Founded by Evan Shelan in 1994, eZforex was initially created to provide foreign banknotes to credit unions, banks, and travel-related companies prior to their members and customers departing the United States for travel. Today the U.S. government and over 2,000 financial institutions rely on eZforex's integrated turnkey solutions to manage their foreign currency and international transfers both through International ACH and BlockChain. eZforex.com, Inc. is a NAFCU and LendingTools.com preferred Partner.


Contacts
eZforex.com, Inc.
Stephanie Shelan Katz, 617-571-1481
Stephanie@ezforex.com


source
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  The Ripple Effect: Crypto Platform With 2.5 Million Users Now Supports XRP crytocure 0 18 Yesterday, 01:19 PM
Last Post: crytocure
  Crypto Banking Expands With Positive Interest Rates and New Services crytocure 0 66 12-09-2019, 01:22 PM
Last Post: crytocure
  How Ethereum Has Become The IBM Standard Of Our Era crytocure 0 69 04-09-2019, 10:27 AM
Last Post: crytocure
  Ripple Vs. Ethereum: What’s The Difference? crytocure 0 69 02-09-2019, 01:43 PM
Last Post: crytocure
  Banking on Bitcoin: Five times crypto has featured in pop culture crytocure 0 135 31-07-2019, 10:25 AM
Last Post: crytocure
  The Future Of Banking: Is It All Bitcoin And Blockchain? crytocure 0 171 25-07-2019, 03:22 PM
Last Post: crytocure
  The Real Reason Bitcoin, Ethereum, Ripple's XRP, And Litecoin Suddenly Rocketed? crytocure 0 184 23-06-2019, 03:29 PM
Last Post: crytocure
  Ripple is Changing People’s Lives in the ASEAN Remittance Network crytocure 0 129 14-06-2019, 02:51 PM
Last Post: crytocure
  Ripple CEO: XRP was Originally Built to Remove the Flaws of Bitcoin & xCurrent is crytocure 0 126 18-05-2019, 03:06 PM
Last Post: crytocure
  Encryption Techniques Used in Many Cryptocurrency Wallets are Designed to Provide Inc crytocure 0 143 23-04-2019, 02:37 PM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)