Current Affairs - Banking - Discussion

Axis Bank has launched an instant international payment services using RippleNet (Ripple's enterprise blockchain technology solution). RippleNet is referred to as world's only enterprise blockchain solution for global payments. It connects banks, payment providers, digital asset exchanges and corporates for enabling seamless experience to send money globally. This facility is currently available for Axis Bank's retail customers in India to receive payments from the UAE-based Rak Bank.