Financial Giant Adopts Ripple for Instant Cross-Border Payments
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The National Commercial Bank of Saudi Arabia just joined RippleNet. According to Ripple, the financial giant will go into production by the end of the year.
The National Commercial Bank of Saudi Arabia is one of the Middle East’s most powerful financial institutions, with more than 5.4 million customers worldwide.
Saudi Arabia is a massive hub for remittances, and a prime target for Ripple.
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