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Ant Financial Enters Cross-border Remittance Market, A Threat to Ripple?

The financial arm of Alibaba Group, Ant Financial has officially entered into cross-border remittance market to offer cheaper and faster service. Does this mean Ripple will be facing competition from the industry giant? Alibaba’s affiliate Ant Financial going for faster & cheaper Alibaba’s financial arm, Ant Financial is introducing a blockchain technology based cross-border remittance

The financial arm of Alibaba Group, Ant Financial has officially entered into cross-border remittance market to offer cheaper and faster service. Does this mean Ripple will be facing competition from the industry giant? Alibaba’s affiliate Ant Financial going for faster & cheaper Alibaba’s financial arm, Ant Financial is introducing a blockchain technology based cross-border remittance