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Ripple Joins ISO Global Standards Body On Cross-Border Payments

Roland James

Summary: Ripple has joined the ISO 20022 standards body, which is aims to set a new data standard for payments and data messaging between global financial institutions. The firm claims to be the first distributed ledger technology (DLT) focused member of the group, which is made up by a number of international commercial and central banks ...

Ripple has joined the ISO 20022 standards body, which is aims to set a new data standard for payments and data messaging between global financial institutions.

The firm claims to be the first distributed ledger technology (DLT) focused member of the group, which is made up by a number of international commercial and central banks along with payment processing entities such as Visa and SWIFT.

By Roland James

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