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Ripple Adds PNC Financial to Its International Cash-Transfer Network

  • Bank to give clients access to RippleNet for money transfers
  • Ripple says it now has customers in more than 40 countries
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Ripple Labs Inc., the provider of cross-border payment systems using blockchain for financial firms, added PNC Financial Services Group Inc. to its network of users.

PNC Treasury Management, as a member of RippleNet, will allow its commercial clients to use the network, speeding up international payments, the companies said Wednesday in a statement. Ripple said it now has more than 100 clients the world, and operates in 40 countries.