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Korea's Jeonbuk Bank to deploy Ripple Payments for cross-border remittances

·Source: Finextra

Updated:

Executive Summary

Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced a partnership with Jeonbuk Bank, making it the first regional bank in Korea to deploy Ripple Payments for cross-border remittances, bringing near real-time settlement to businesses that have historically relied on transfers taking days to complete.

Analysis

Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced a partnership with Jeonbuk Bank, making it the first regional bank in Korea to deploy Ripple Payments for cross-border remittances, bringing near real-time settlement to businesses that have historically relied on transfers taking days to complete.
Source Attribution

Originally published by Finextra on Aug 18, 2026.

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