...according to Udayan Goyal who cited Fidor Bank's use of Ripple to move money between countries, saving money and circumventing Swift altogether.
Here's a recap from Finextra's Future of Money Conference in London this week. For a detailed account, see the daily live blog from day one and day two at the bottom.
There was much soul searching at Future Money from banks trying to work out how they can harness the new wave of fintech innovation.
http://www.finextra.com/news/fullstory.aspx?newsitemid=26027