MoneyTap application project is abandoned by Japanese bank
Resona bank announced its withdrawal from the project, they are the fifth largest bank in Japan and one of the three that work with SBI Holdings and Ripple.
The announcement was issued on April 11 where they indicate that the decision to abandon the project will be effective on May 13 this year, but they have not given any reason.
image source: https://fitsmallbusiness.com/moneytap-user-reviews-pricing/
Despite this bad news SBI Holdings announced that 13 banks would be interested in investing in the application.
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