- Volante Technologies affirmed Ripple’s potential to significantly transform the operations of Payment Service Providers (PSPs) during an EBAday event.
- This endorsement mirrors the growing recognition of Ripple’s revolutionary solutions to cross-border payment services by various central banks worldwide.
In a recent EBAday event, Volante Technologies, a leading cloud payments company known for facilitating swift innovation within the financial industry, lauded Ripple for its profound potential to revolutionize Payment Service Providers (PSPs). The Euro Banking Association (EBA) event, a premier gathering for payment and transaction banking executives, was the venue for this commendation.
Vinay Prabhakar, Volante Technologies’ Chief Marketing Officer, highlighted the benefits of cloud payment processing during the event and underscored Ripple as a pivotal influencer in this space. This recognition of Ripple and its native token, XRP, as potential game-changers in reshaping cross-border payment services echoes the International Monetary Fund’s (IMF) recent acknowledgment of Ripple’s role in this sector.
The endorsement by Volante Technologies was swiftly disseminated to the cryptocurrency community by an anonymous yet prominent XRP community member through a tweet. The tweet included a video clip from the EBAday event showcasing the Volante representative’s insights into the transformative potential of Ripple and GPI (Global Payments Innovation) for PSPs.
EBAday, hosted by the Euro Banking Association (EBA) and local service providers, is renowned for drawing attendees from leading banks globally. The platform facilitates dialogue about emerging trends and breakthroughs in the payments and transaction banking landscape. The participation of major European and international banks further enhances the importance of discussions and affirmations at the event, such as Ripple’s and GPI’s recognition as innovative solutions for PSPs.
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Volante Technologies, a regular attendee at the EBAday event, highlighted the pivotal role of cloud payment processing in driving innovation and efficiency for financial institutions, contributing to significant cost reductions. The integration of Ripple’s technology and GPI could herald even more opportunities for PSPs.
As the financial industry continues to evolve, Ripple’s cross-border payment solutions have garnered recognition from numerous central banks worldwide. This growing acceptance testifies to Ripple’s potential as a transformative force in the payment services landscape, as reflected in reports from The Crypto Basic.
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