Archives

June 15, 2020 @ 3:46 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Monday its payment network, RippleNet Cloud, has signed its first-ever bank customer, Brazil’s Banco Rendimento, which will join nearly two dozen financial institutions already running on RippleNet Cloud. According to Ripple, RippleNet Cloud allows… Read More

May 29, 2020 @ 3:05 pm By Omar Faridi  |  

XRP liquidity via the Mexican and Australian corridor recently reached another all-time high. The digital asset’s European corridor liquidity has also increased significantly. San Francisco-based Fintech firm Ripple’s on-demand-liquidity (ODL) solution has experienced an considerable increase in overall usage and adoption this year. The company’s… Read More

May 17, 2020 @ 11:49 pm By Omar Faridi  |  

Ripple company partner and investor, SBI Holdings, is planning to integrate the Fintech firm’s technology, in order to process transactions via ATMs throughout Japan. SBI’s management noted in its recent financial report that it will integrate the Ripple technology-based settlements solution, MoneyTap, with ATMs operated… Read More

May 1, 2020 @ 8:30 am By Omar Faridi  |  

American Fintech Ripple’s On-Demand Liquidity (ODL) payments network has reportedly managed to triple its transaction volumes during Q1 2020. San Francisco-based Ripple’s XRP Markets Report confirms that the dollar value transacted using the company’s ODL service grew by over 294%, which may be a positive… Read More

April 21, 2020 @ 10:04 pm By JD Alois  |  

Ripple has been pushed to the edge, according to a blog post today. The crypto-firm is suing YouTube – part of Google. In a document filed in the US District Court, Northern District of California, Ripple Labs, and Bradley Garlinghouse, slammed YouTube for: “irreparable harm… Read More

April 5, 2020 @ 6:16 pm By Omar Faridi  |  

The Anchorage Trust Company, a qualified crypto-asset custodian, has added XRP, the third-largest cryptocurrency by market cap, to its list of supported investment options for institutional clients. Anchorage confirmed that it will begin offering XRP investments on April 2, 2020. Anchorage’s management notes that its… Read More

March 27, 2020 @ 11:02 am By Omar Faridi  |  

San Francisco-based Fintech Ripple has announced that it will be donating $200,000 to two different non-profit entities. The donations have been made to help combat and prevent the further spread of the deadly and highly contagious coronavirus (COVID-19). There are now over 532,000 reported coronavirus… Read More

March 19, 2020 @ 5:10 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Thursday it has formed a new partnership with Thailand-based digital cross-border money transfer fintech DeeMoney. Ripple reported that through the collaboration, DeeMoney’s platform is now processing live transactions.  Ripple further revealed that DeeMoney is… Read More

March 2, 2020 @ 7:40 am By Omar Faridi  |  

RippleNet, a distributed ledger tech (DLT)-enabled gross payments settlement network, allows banks and other financial institutions to securely perform cross-border transactions.  Developed by San Francisco-based Fintech Ripple, the decentralized RippleNet platform has been used to perform international transactions since 2012. The platform’s users might soon… Read More

February 26, 2020 @ 10:48 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Wednesday it has formed a new partnership with European digital money transfer service, Azimo. According to Ripple, Azimo has launched with Ripple’s On-Demand Liquidity (ODL) service as part of its remittance capabilities in The… Read More

February 26, 2020 @ 10:35 am By Omar Faridi  |  

Giant money transfer service MoneyGram reportedly received a total of $11.3 million from San Francisco-based Fintech firm Ripple during the third and fourth quarters of last year. As mentioned in the recently released US Securities and Exchange (SEC) filings, the funds received by MoneyGram may… Read More

February 17, 2020 @ 11:31 am By Omar Faridi  |  

Global money transfer service provider MoneyGram has introduced a new service that lets users send payments in real-time, however, the new platform notably doesn’t involve the company’s business partner Ripple (which acquired $30 million in MoneyGram shares at a high premium last year). MoneyGram’s management… Read More

February 6, 2020 @ 7:40 am By Omar Faridi  |  

Ripple, a San Francisco-based Fintech firm,  has confirmed its new partnership with International Money Express (Intermex), a Nasdaq-listed remittance company. Intermex will reportedly be using Ripple’s On-Demand Liquidity (ODL) solution, which uses XRP, the world’s third-largest digital asset by market cap, to conduct cross-border transactions…. Read More

January 25, 2020 @ 9:58 am By Omar Faridi  |  

Brad Garlinghouse, CEO at privately-held Fintech firm Ripple, recently indicated that the San Francisco-based startup might launch an initial public offering (IPO) within the next year. While attending the World Economic Forum (WEF) in Davos, Switzerland, Garlinghouse reportedly told the Wall Street Journal (on January… Read More

January 9, 2020 @ 2:18 pm By JD Alois  |  

Fintech forward bank Siam Commercial Bank (SBC) has partnered with blockchain firm Ripple, according to a blog post. SBC is Thailand’s oldest bank and has established itself as willing to push forward with Fintech partnerships. According to Ripple, SCB and Ripple will work together to… Read More

December 30, 2019 @ 2:56 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, recently announced its cryptocurrency predictions for 2020. The company’s executive team discussed their thoughts about digital currency and what they expect in the upcoming year. Sharing his thoughts, CEO of Ripple, Brad Garlinghouse, stated: “I think… Read More

December 20, 2019 @ 10:00 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Friday it secured $200 million through its Series C funding round, which was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. Founded in 2012, Ripple claims it provides one frictionless… Read More

December 1, 2019 @ 8:44 pm By JD Alois  |  

MoneyGram (NASDAQ: MGI) has completed an investment by Ripple. According to an 8K filed with the Securities and Exchange Commission, Ripple has agreed to purchase up to $50 million of common stock and ten-year warrants to purchase Common Stock. On November 22, 2019, an “Additional… Read More

November 20, 2019 @ 8:38 am By JD Alois  |  

Elliptic, a provider of crypto-asset risk management solutions, has launched a monitoring system for XRP (Ripple) transactions. Simultaneously, Elliptic claims they have identified “$400 million of illicit activity” without naming perpetrators nor specifically what type of illegal transactions are taking place. Elliptic notes that this… Read More

November 10, 2019 @ 2:23 pm By Omar Faridi  |  

San Francisco-based Fintech firm Ripple announced recently that it has surpassed 300 customers. The company stated: “We have seen 10x year-over-year growth in transactions on RippleNet, our global network of banks, financial institutions and payment providers that sends money globally, instantly and reliably for fractions… Read More