Mark RadarMARK RADAR
About
中 EN
Sign in
Event File CRYPTO Ripple

Kbank Partners With Ripple on Blockchain Cross-Border Remittance Trial

2 reports · First detected 2026-04-27 · Last active 2026-04-27

Kbank, a South Korean digital-only bank, is expanding its cross-border financial services beyond traditional SWIFT channels to blockchain. The partnership would give Kbank access to Ripple’s global payments network and blockchain infrastructure, potentially shortening overseas remittance processing times, lowering costs and improving transparency around transaction procedures and fees.

Kbank has signed a partnership agreement with blockchain payments company Ripple and begun a technical validation of an overseas remittance service, testing the feasibility of high-speed cross-border transfers. The companies have not disclosed the value of the partnership, the volume of trial transactions, the exact signing date or a timetable for a formal launch. The project remains in technical validation and is not yet broadly available to customers.

All Coverage

2 original reports
COINTELEGRAPH.COM 2026-04-27
Kbank teams with Ripple on overseas blockchain remittance trial
COINDESK.COM 2026-04-27
From SWIFT to onchain: South Korea’s biggest digital bank taps Ripple for high-speed global transfers

The Backstory

The history behind this event
Jeonbuk Bank Taps Ripple for Corporate Cross-Border Payments2026-08-25 · 8 reports · similarity 0.88

Jeonbuk Bank, a South Korean regional lender, is partnering with blockchain payments company Ripple as banks seek faster and cheaper ways to move money across borders. Conventional transfers routed through the SWIFT network can involve multiple correspondent banks, adding fees and delays. Deploying Ripple Payments would give Jeonbuk a new channel for corporate remittances and underscores growing interest among smaller lenders in blockchain-based payment infrastructure.

Under the agreement, Jeonbuk Bank will deploy Ripple Payments for corporate customers, offering cross-border transfers around the clock with funds advertised to arrive in seconds to minutes. Ripple described the deal as its first cross-border remittance partnership with a Korean regional bank. As of Aug. 25, 2026, the companies had not disclosed a launch date or said whether transactions would settle using XRP, a stablecoin or another digital asset.

Mark Radar｜MARK RADAR
Past Issues・by MarkReadFintech

If you search news on Google, you can set Mark Radar as a preferred source—our coverage will show up more often in your results. Set as preferred source on Google →

All times are in Taipei time (GMT+8)