US Banks: Why We Embraced Ripple

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The path for any bank to approach new technology isn’t a simple one. From first learning about a technology to discussing it with regulators and stakeholders, to finally integrating it with existing infrastructure, the timeline often constitutes a lengthy testing and review process.

Yet despite these hurdles and the broader banking industry’s apprehension, CBW Bank and Cross River Bank have become the first US institutions of their kind to adopt Ripple’s distributed open-source payment protocol.

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