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New payment solution with blockchain technology

SEB has signed an agreement with Ripple, a San Francisco based fintech company, to use their blockchain technology solution as a basis for payment transactions. The first step will be to enable customers to make real-time transfers between SEB accounts in Stockholm and New York.


“This is a way to explore the potential of new technologies and an example of how we, by working with innovative technology companies, can be even more relevant to our customers,” says Paula da Silva, head of Transaction Services at SEB.

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