DBS wins Asia’s best financial institutions deal for its partnership with Ripple Group, delivering an innovative cross-border payments solution that enhanced regional connectivity and operational efficiency for a leading provider of crypto-enabled payment services.
Ripple required a banking partner with strong local market access across Asia to support cross-border payment flows while reducing the complexity of managing multiple banking relationships. The objective was to establish efficient collection and payout capabilities through a single banking partner.
The result was improved STP, simplified cash management, reduced operational complexity and faster access to local payment networks
DBS addressed this challenge through DBS GlobeSend, enabling Ripple to access the bank’s regional distribution network via a single API integration.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
