DXC Technology, a leading enterprise technology and innovation partner, has announced a strategic partnership with Ripple, a financial technology company that offers crypto solutions for businesses, to help banks seamlessly adopt digital asset custody and payment capabilities at enterprise scale.
As regulated financial institutions navigate an era of exponential change, digital asset adoption depends on accessible, secure blockchain infrastructure. Through this collaboration, DXC and Ripple enable financial institutions and fintechs to access digital asset technology seamlessly, bridging legacy financial systems with onchain finance. The solution enables programmable payments and the tokenization, custody, and transfer of digital assets allowing institutions to deliver regulated digital asset use cases without disrupting mission-critical core banking systems.
Leveraging DXC's Hogan core banking platform, which powers more than 300 million deposit accounts and over 5 trillion in deposits globally, the initiative integrates Ripple's digital asset custody and payments technology into large-scale banking environments, providing Hogan clients with a streamlined path to deliver digital custody and payment capabilities.
