The Ledger
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Thomas: SCB and SBI Remit use Ripple to cut remittance costs by 90%
“So they are licensing our technology, and then another company called SBI Remit in Japan is also licensing our technology. So they've come together and they've created a partnership where people in Japan, there's about 45,000 Thai people that are living in Jap…”
Thomas: Corporate Cross-Border Payments Suffer 6% to 10% Failure Rates
“Today, when you, let's say you're corporate, right, so let's say you're, you know, Samsung, and you're trying to make a payment you know, you will have failure rates on the order of, you know, six to 10%, just from, you know, wrong details for the recipient, s…”