Faysal Bank partners with Ripple for payments solution

Saudi finance ministry warns against cryptocurrencies

Faysal Bank, one of Pakistan’s largest Islamic banking branch networks, has partnered with US-based fintech firm Ripple to launch a blockchain-powered digital payments solution.

FBL will be joining more than 200 financial institutions and banks around the world that are currently using Ripple’s decentralized digital money transfer solution.

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