Ripple Partners with Eastnets for Global Financial Access

Ripple has entered into a strategic partnership with Eastnets, a global provider of compliance and payment solutions for the financial services sector. This collaboration is significant as it grants Ripple direct access to some of the most influential financial institutions, including central banks and SWIFT systems. Eastnets, with over four decades of experience, supports more than 800 institutions, including 15 of the world’s top 50 banks and 22 central banks. Over 270 banks and corporations rely on Eastnets for outsourced SWIFT connectivity and compliance solutions, highlighting the extensive reach and influence of the company.

Crypto researcher SMQKE has emphasized the strategic importance of this partnership, noting that it is significantly underrated given the scope and influence Eastnets holds in the global financial infrastructure. Eastnets provides critical services such as compliance, SWIFT connectivity, and ISO 20022 migration, which are essential for participation in the global financial system. The integration of Ripple’s distributed ledger technology (DLT) within Eastnets’ “PaymentSafe” platform further solidifies this strategic connection. PaymentSafe serves as a unified payment hub for managing domestic and international payments, supporting multiple messaging formats, including ISO 20022, and offering real-time integration with back-office systems and message transformations. This integration places Ripple’s technology in direct alignment with the high-value systems used by Eastnets’ clientele, including central banks and tier-one financial institutions.

Eastnets’ involvement in global regulatory and strategic initiatives adds another layer to this partnership’s significance. As a strategic contributor to the World Economic Forum, Eastnets engages in global financial policy dialogue. It is also a founding member of the International Association for Trusted Blockchain Applications (INATBA), contributing to global efforts in standardizing blockchain technologies and promoting regulatory convergence. By association, Ripple gains indirect exposure to these high-level forums and working groups, potentially influencing the development of blockchain policies and standards on a global scale. Eastnets’ services also align closely with evolving regulatory requirements and innovations, particularly in the area of secure messaging standards such as ISO 20022, where it plays a leading role in migration and implementation support.

This partnership provides Ripple with direct access to the infrastructure of global finance. Through Eastnets, Ripple’s technology interfaces with SWIFT systems, ISO 20022 frameworks, and the compliance architecture used by hundreds of institutions globally. This reach also extends to central banks and policy-making bodies through Eastnets’ extensive institutional relationships. The collaboration indirectly amplifies Ripple’s role in shaping the future of digital finance. Notably, Eastnets also lists companies such as American Express, FBN Bank UK, and Mastercard among its customers, some of which have also been connected with Ripple’s broader enterprise offerings. This alignment supports Ripple’s long-standing goal of becoming a foundational infrastructure for cross-border payments and digital asset integration.