RBS Trials Ripple as Part of £3.5 Billion Tech Revamp

By June 26, 2015Bitcoin Business

RBS logo The Royal Bank of Scotland (RBS) is undertaking a proof-of-concept with Ripple technology as part of its £3.5bn technological revamp.

Chief administrative officer Simon McNamara announced the initiative during a webinar on the bank’s three-year transformation plan last Thursday, just one day after a glitch which caused 600,000 payments to go missing.

The banking group, which has been plagued by a series of IT failures across its four brands, RBS, Natwest, Ulster Bank and […]

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