Japanese Bank MUFG, Brazil’s Banco Bradesco Sign MoU To Develop Blockchain Cross-Border Payment Service

News | November 13, 2018 By:

Japan-based Mitsubishi UFJ Financial Group (MUFG), the world’s fifth-largest financial institution, has partnered with Brazil’s Banco Bradesco to develop a cross-border payments service based on Ripple’s blockchain technology.

The two banks signed a memorandum of understanding (MOU) to create cross-border payments between Japan and Brazil.

 Read more  »