Money transfer giant MoneyGram will use Ripple's xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership.
PNC Bank's Treasury Management division is to begin accepting cross-border transactions using Ripple's xCurrent product.
Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.
Ripple's xRapid pilot program results found that customers saved both money and time when compared to traditional cross-border transactions.
Santander UK is working with Ripple to allow customers to make international payments using a new mobile app.
IDT Corporation and Mercury FX announced Wednesday that they would pilot Ripple's XRP token to facilitate real-time, low-cost international transfers.