As of December 2024, Ripple has established partnerships with numerous banks and financial institutions worldwide, integrating its blockchain technology and XRP cryptocurrency to enhance cross-border payment solutions. Notable collaborations include:
Bank of America (USA): Recognized as a key partner, Bank of America has integrated Ripple's technology to streamline its payment systems.
PNC Bank (USA): Since 2016, PNC has utilized RippleNet to expedite transactions, improving the banking experience for its approximately 12 million customers.
Santander Bank (USA): Santander has implemented Ripple's solutions to facilitate faster and more cost-effective international payments.
Siam Commercial Bank (Thailand): This bank employs Ripple's technology to enhance its cross-border payment services.
Standard Chartered Bank (UK): Standard Chartered has partnered with Ripple to improve the efficiency of its international transactions.
Kotak Mahindra Bank (India): Kotak Mahindra Bank utilizes Ripple's solutions to facilitate quick payments, enhancing the overall banking experience for its customers.
Itaú Unibanco (Brazil): Itaú Unibanco has integrated Ripple's technology to streamline its cross-border payment processes.
IndusInd Bank (India): IndusInd Bank uses Ripple's solutions to enhance its international payment services.
SEB (Sweden): SEB has partnered with Ripple to improve the efficiency of its cross-border transactions.
SBI Remit (Japan): SBI Remit utilizes Ripple's technology to facilitate faster international remittances.
These collaborations demonstrate Ripple's growing influence in the financial sector, with over 200 institutions, including major players like Bank of America and JPMorgan Chase, adopting its technology to enhance payment systems.