What is Ripple for? (Part3 - Processing transfer requests in a bank)

Ripple addresses the problem of international cash transfers between banks: sounds like something that should be electronic and instant, doesn't it? Well let's dig dipper and have a look at what actually happens when a client requests a transfer...

Part 1 - Introduction
Part 2 - Cash Management

What is Ripple for? (Part2 - Cash Management)

Ripple addresses the problem of international cash transfers between banks. This is part of a larger area called Cash Management. So what is cash management and why are international cash transfers so slow?

Check out Part 1 here