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 13-Feb-19, Asia Times

Ripple has enhanced its rapidly-growing remittance platform in Asia. The San-Francisco firm announced it was extending its Asia-Middle East network via two Emirates-based remittance businesses, UAE Exchange and Unimoni, that would link with the Siam Commercial Bank in Thailand.

Ripple makes waves in Southeast Asia (c) Ripple

Image: Ripple

"The adoption of blockchain opens up the considerable potential to streamline remittances and provide a frictionless, fast and secure payments experience," said Promoth Manghat, Group CEO at UAE Exchange and Unimoni."

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