Ripple

Blockchain Startup Ripple Aims to Overtake Swift Banking Network

Fintech startup Ripple Labs is banking on blockchain technology to help it overtake the decades old Swift network behind the majority of the world’s financial and security transfers, according to its chief executive Brad Garlinghouse.

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Japan’s Biggest Bank Will Use Ripple for Cross-Border Payments to Brazil

Japan’s biggest bank MUFG and Brazil’s Banco Bradesco are to collaborate on a new cross-border payment service based on Ripple technology. Memorandum of Understanding The two banks signed a Memorandum of Understanding (MOU), agreeing to co-develop the system.

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SWIFT Payment System Denies Integration With Rippleā€™s Solutions

The SWIFT interbank payment network announced that it is not, in fact, being taken over by , nor is it partnering with xRapid, reports Finance Magnates. An earlier rumor held that an update in the SWIFT network would make Ripples transfer products available to thousands of banking customers.

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$80 Billion Santander Uses Ripple for Payments, Will Banks Follow?

On October 2, Ripple Labs announced the integration of RippleNet into OnePay FX, a mobile application for cross-border payments developed by 80 billion banking giant Banco Santander.

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Ripple Debuts XRP-Based Cryptocurrency Product for International Payments

A cryptocurrency whose regulatory fate remains uncertain is ready for prime time. Ripple on Monday debuted a new financial product based on XRP, the worlds third-most valuable cryptocurrency by market capitalization next to Bitcoin and Ethereum.

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SBI Ripple Asia Wins Payments License for Blockchain Money App

A joint venture between SBI Holdings and Ripple has moved a step closer to launching its blockchain-based payments app for consumers. SBI Ripple AsiaannouncedWednesday it has completed registration with the Kantou bureau of Japan’s Ministry of Finance as a licensed agent for handling electronic payments.

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US Financial Giant PNC to Use Ripple Technology for International Payments

PNC, which is ranked among the top ten U.S. banks, will use RippleNet to process international payments for its customers, Ripple announced Wednesday, September 19. As Reuters reports, a particular PNC unit Treasury Management will use Ripples blockchain solution xCurrent to speed up overseas transactions held by U.S. commercial clients.

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Ripple Hints Its Cryptocurrency Product Will Go Live ‘In the Next Month or So’

Blockchain start-up Ripple could launch a commercial application of its cryptocurrency-focused product in the next month or so, an executive at the company has told CNBC.

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R3 and Ripple Reach Settlement Over Legal Dispute

The war is over Let love and peace reign in the kingdom of fintech. The blockchain duo of Ripple and R3 have reached a settlement of all outstanding litigation between the parties.

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Ripple Makes Ripples in Cross-Border Payments

Yes, digital currencies have had a hard time of it. Yes, they are down as a group by as much as 70 percent from their peaks.

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Ripple Targets China for Blockchain-Based Cross-Border Transaction

Jeremy Light, the European Union strategic accounts’ Vice President at Ripple has expressed the company’s interest in the Chinese market. In an interview with CNBC, Light has stated that China interests Ripple since it can provide assistance to the nation for speed enhancement of cross border payment based on blockchain technology.

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Ripple Finally Challenged? Banks Team Up With IBM for Payments Solution

Ripple has found a competitor in the payments space, with a platform known as we.trade. We.trade functions on Hyperledger Fabric and is an IBM blockchain-based cross-border money transfer platform that aims to improve the speed and efficiency of cross-border financial transactions. The we.

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