San Francisco-based blockchain company Ripple has been named a “Platinum Winner” in Juniper Research’s FinTech & Payments Awards for “Best Cross-Border Payments Platform.”
Meanwhile, Ripple’s cryptocurrency XRP remains in the red and is currently trading at $0.53.
This is not the first time Ripple has been recognized by Juniper Research. Last year, the company was also recognized for CBDC innovation.
Specializing in areas such as fintech and IoT markets, this analyst house has determined various winners in the areas of banking innovation, fintech innovation, payments innovation, as well as fraud and security innovation. .
SAP Fioneer, a provider of cloud-based software solutions to the financial industry, and Signifcat, a digital identity service provider, are recognized as leading innovators in the banking-as-a-service and digital identity space.
TreviPay, a global B2B payments and invoicing network, has been recognized as the Banking Innovation of the Year.
Card issuance and processing platform Paymentology and global embedded finance provider YouLend are emerging in the fintech innovation sector alongside Napier AI, an artificial intelligence-powered anti-money laundering platform.
Ripple was included in the payments innovation section alongside bouku, Baked, Airbase, EmTech, Huawei, Thales, and other names.
Finally, Visa and Fraud.net were named among the top innovators in the fraud and security space.