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Ripple: First Bank In Japan To Cancel Cooperation With Money Tap Powered By Ripple Tech


Recently, it was announced that several banks would join the SBI-backed Money Tap app for the purposes of bettering cashless payments for small transfers, using Ripple’s xRapid product. However, it has come to be known that Resona Bank is the first bank to discontinue their participation on Money Tap. The bank announced in an official statement., with the official date of cancellation being May 13, 2019.

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