Fidor Bank AG is the first bank to integrate the real-time global settlement protocol provided by Ripple Labs.

The German direct bank will adopt San Francisco-based Ripple's open-source, distributed payment protocol that enables nearly free instant payments in any currency, including dollars, yen, euros, Bitcoin and loyalty points. Ripple Labs also has its own virtual currency, called ripple.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry