Ripple’s cross-border payment innovations challenge SWIFT dominance

Investment banking firm Houlihan Lokey has identified payments technology firm and XRP issuer Ripple as one of the potential challengers to the global banking messaging network Swift. In a market update report from April 2024, the firm mentioned Ripple and some fintech firms as competition to Swift in the cross-border payments category. source: https://www.cryptopolitan.com/ripple-identified-as-major-contender-swift/