Tagged: major payments institution

Fintech Ripple Now Fully Licensed to Offer Digital Payment Token Services in Singapore

October 4, 2023 @ 7:42 am By Omar Faridi |

Earlier this year, Ripple received in-principle approval of its Major Payments Institution (MPI) license application from the Monetary Authority of Singapore (MAS). Four months on, Ripple is pleased to “announce that its Singapore subsidiary, Ripple Markets APAC Pte Ltd, has secured its full MPI license… Read More

Read more in: Fintech, Asia, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged brad garlinghouse, digital assets, financial services, fintech adoption, major payments institution, mas, monetary authority of singapore, mpi license, operational license, ripple, singapore, southeast asia

FOMO Pay to Utilize Ripple ODL for Crypto based Treasury Management

July 26, 2022 @ 1:17 pm By Omar Faridi |

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, announced a partnership with Singapore-based major payments institution FOMO Pay, which will “utilize Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows.” On-Demand Liquidity (ODL) leverages XRP, the digital asset “built… Read More

Read more in: Fintech, Blockchain & Digital Assets | Tagged brooks entwistle, cross-border treasury flows, distributed ledger technology, dlt, Enterprise Blockchain, fomo pay, louis liu, major payments institution, payments, ripple, ripplenet, singapore, southeast asia, xrp