DXC and Ripple collaborate on digital asset custody to help global banks implement secure payments and digital asset management within existing core banking systems.
DXC Technology (NYSE: DXC), a leading partner in enterprise technology and innovation, today announced a strategic partnership with Ripple, a fintech company providing crypto solutions for enterprises, to help banks integrate enterprise-grade digital asset custody and payment capabilities.
As regulated financial institutions navigate a period of rapid change, access to secure, accessible blockchain infrastructure is essential for mainstream adoption of digital assets. Through this collaboration, DXC and Ripple enable financial institutions and fintechs to access digital asset technology smoothly, creating bridges between traditional financial systems and on-chain finance.
The joint solution supports programmable payments as well as tokenization, custody and transfer of digital assets, allowing institutions to deliver regulated digital asset use cases without disrupting mission-critical core banking systems.
By leveraging DXC’s Hogan core banking platform—which supports more than 300 million deposit accounts and over $5 trillion in deposits globally—the initiative integrates Ripple’s custody and payments technology into large-scale banking environments. This gives Hogan customers an efficient path to offering custody services and payment capabilities for digital assets.
“For digital assets to move into the financial mainstream, institutions need secure custody and seamless payment rails,” says Sandeep Bhanote, Global Head and General Manager of Financial Services at DXC. “Our work with Ripple brings these capabilities together in a way that enables banks to participate in the digital asset ecosystem without changing their core systems, connecting traditional accounts, wallets and decentralized platforms at enterprise scale.”
By providing the so-called last-mile connection between regulated banking infrastructure and digital asset platforms, the partnership helps financial institutions move from pilot projects to production-ready blockchain use cases. Fintech firms also benefit from simplified access to the banking relationships required to support compliant custody and payment solutions.
“Banks face increasing pressure to modernize while operating on complex infrastructure,” says Joanie Xie, VP and Managing Director, North America at Ripple. “Our partnership with DXC brings digital asset custody, RLUSD and payments directly into the core banking environments institutions already trust. Together we enable banks to deliver secure, compliant, enterprise-grade digital asset use cases without disruption.”
The DXC–Ripple partnership strengthens DXC’s commitment to helping financial institutions modernize securely and innovate responsibly. It represents a significant step toward enabling the production deployment of digital asset services in global banking through an integrated approach to core banking systems.
Ripple Payments is a licensed, end-to-end cross-border payments solution that enables Ripple to manage payment flows on behalf of its customers. Ripple Custody is designed for banks and financial institutions that need to securely hold digital assets, stablecoins or tokenized real-world assets.
About DXC Technology
DXC Technology is a leading partner in enterprise technology and innovation, delivering software, services and solutions to global corporations and public sector organizations. DXC helps clients use AI to achieve outcomes during a time of rapid change. With deep expertise in Managed Infrastructure Services, Application Modernization and industry-specific software, DXC modernizes, secures and runs some of the world’s most complex technology environments. Learn more at dxc.com.
About Ripple
Ripple is a fintech company that delivers crypto solutions for enterprises. Ripple Payments leverages blockchain technology to make cross-border payments faster, more transparent and more accessible. Ripple Custody offers customers a secure way to store and manage digital assets. Through Ripple Prime, the company provides a global prime brokerage service across multiple asset types for institutional clients. Ripple’s stablecoin RLUSD and the cryptocurrency XRP are used within these solutions to improve efficiency in traditional finance and enable new uses for digital assets.
DXC and Ripple collaborate on digital asset custody
DXC and Ripple partner to enable digital asset custody and payment solutions for banks and financial institutions worldwide. The collaboration connects traditional core banking systems with enterprise-grade blockchain infrastructure.
DXC Technology is a global provider of enterprise IT and core banking systems for financial institutions.
Ripple is an international fintech company offering blockchain-based solutions for payments and custody of digital assets.
This hidden block supports multilingual indexing, authority signals, PR attribution and semantic relevance across language versions published on IT Branschen.