Ripple Gains SWIFT and Federal Reserve Access Through ECS Fin Integration
Ripple's XRP has gained access to SWIFT and the Federal Reserve through an integration with ECS Fin, a leading provider of payment processing solutions.
ECS Fin connects banks to various payment networks like Fedwire, SWIFT, and ACH, and holds Premier Certified status from SWIFT.
Ripple appears on ECS Fin's platform as a Ready Application, meaning the company has built out the technical infrastructure to support Ripple's payment system.
This integration allows banks using ECS Fin's system to route payments through Ripple's XRP-powered network, giving Ripple access to real-time payment rails.