Tagged: ripple

December 19, 2018 @ 6:19 am By JD Alois  |  

InstaReM says it is introducing a new feature to its money transfer platform that improves payments from SMEs. The company states that users in Southeast Asia making regular overseas payments to vendors, suppliers, and service providers, can now do so more quickly, transparently and at… Read More

December 4, 2018 @ 7:49 am By JD Alois  |  

Seeking to create a united voice for the fast-moving blockchain industry, four prominent blockchain firms have joined together to create a new advocacy association, “Blockchain for Europe.” The new association hosted a policy summit last week that brought together industry stakeholders alongside the four largest… Read More

November 22, 2018 @ 11:25 am By JD Alois  |  

InstaReM, a Southeast Asian payments company, has closed on the first $20 million of a $45 million series, according to a report from the company. InstaReM claims to be funding one of the largest Series C rounds for a Fintech in Southeast Asian history. The… Read More

November 19, 2018 @ 2:55 pm By Samantha Hurst  |  

CIMB Group (CIMB or the Group), ASEAN’s fifth largest bank, announced last week it has joined forces with Ripple to enable instant cross-border payments across its markets. The duo reported that through this new partnership CIMB will join RippleNet and connect with other Ripple customers, which reportedly has more than… Read More

November 4, 2018 @ 2:33 pm By Samantha Hurst  |  

Ripple has reportedly announced it is set to open a new office in Dubai by the end of 2018. According to CCN, the company’s Global Infrastructure Innovation Head, Dilip Rao, indicated at the 2018 Global Islamic Economic Summit that it will be focused on cross-border payments… Read More

October 25, 2018 @ 1:43 pm By Cali Haan  |  

Cybercrime detectives have stormed a house in Sydney, Australia and arrested a 23-year-old woman they believe hacked 100 000 Ripple (XRP) tokens from a 56-year-old man, Brisbane Times (BT) rep The woman’s parents also reside in the house. The alleged hack took place last January, when 100… Read More

October 17, 2018 @ 11:40 am By Samantha Hurst  |  

Moneynetint, a UK-based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the globe, announced on Wednesday it has completed the integration phase with Ripple. Founded in 2005, Moneynetint notably provides money transfer service for Forex Traders and Brokers… Read More

September 27, 2018 @ 8:16 pm By Samantha Hurst  |  

Ripple announced on Thursday the launch of its new social impact program, Ripple for Good. According to Ripple, Ripple for Good will focus on projects related to education and financial inclusion. The company reported that along with the recent donations, that has totaled to more… Read More

September 26, 2018 @ 10:04 pm By Cali Haan  |  

Representatives from Wall Street and prominent US crypto investment/services firms are convening in Washington this week to attend a legislative roundtable hosted by Republican Representative Warren Davidson of Ohio, CNBC reports. Attendees at the roundtable, titled “Legislating Certainty for Cryptocurrencies,” are reportedly hoping to influence… Read More

September 14, 2018 @ 8:50 pm By Samantha Hurst  |  

On Thursday, Ripple announced the National Commerical Bank (NCB) of Saudi Arabia has joined RippleNet. According to Ripple, NCB was the first bank established in the country and, as of today, it is one of the largest financial institutions in the Middle East with more than… Read More

September 10, 2018 @ 12:19 pm By Cali Haan  |  

The lawyer Brynly Llyr will be leaving her post as Lead Counsel at remittance company Ripple, a Ripple spokesperson has confirmed to Quartz: “We’re grateful for all that she did to help build an incredible team…(and) wish Brynly all the best in her next endeavor…(T)he… Read More

August 24, 2018 @ 4:23 pm By Cali Haan  |  

Thailand’s central bank, the Bank of Thailand (BOT), has announced it is trialing a version of R3’s distributed ledger system, Corda, as a means of making wholesale funds transfers more efficient. R3’s distributed ledger will also be used by the BOT to issue a wholesale Central… Read More

August 19, 2018 @ 5:46 pm By Steven McClurg  |  

2017 was a landmark year for crowdfunding. The JOBS Act passage coincided with blockchain, opened the door for a record in capital raised through ICOs (initial coin offerings) for early stage companies as well as Wantrepreneurs with an idea and a whitepaper.  ICOs were launched… Read More

August 17, 2018 @ 10:28 am By Samantha Hurst  |  

On Thursday, Ripple announced it has added three new exchange partners to its cross-border payments product, xRapid. According to Ripple, xRapid is powered by XRP and the partners allow xRapid payments to move from one currency (into XRP) and back into another currency quickly and efficiently. The exchanges added… Read More

August 14, 2018 @ 10:38 pm By Cali Haan  |  

A motion by plaintiffs in a class action suit against Ripple Labs to keep the case in California courts was denied this week by a judge. The case will now move to federal court. Lawyers for class action plaintiff Ryan Coffey filed the suit against… Read More

July 11, 2018 @ 2:33 pm By Samantha Hurst  |  

Ripple announced on Wednesday two new appointments to its leadership team. The company reported that David Schwartz, who previously served as Ripple’s chief cryptographer, has been appointed to CTO while Kahina Van Dyke has joined Ripple as Senior Vice President of Business and Corporate Development. According… Read More

June 15, 2018 @ 7:30 am By Cali Haan  |  

For several weeks, the CEO of Ripple, Brad Garlinghouse, has been publicly calling out Bitcoin. The Ripple vs. Bitcoin rivalry goes all the way back to 2012, when Ripple’s founders developed the company’s services specifically to service the banks and cross-border remittance firms Bitcoin was… Read More

June 13, 2018 @ 10:00 am By Samantha Hurst  |  

Swarm, a blockchain for private equity platform, announced on Wednesday the launch of tokens representing equity in individual tech companies, allowing Swarm investors to purchase security tokens representing fractional shares in private companies. According to Swarm, the secondaries, which are sourced through partners who acquire equity… Read More

June 12, 2018 @ 6:46 am By Cali Haan  |  

Enterprise blockchain developer R3 is running out of money, sources to Fortune magazine say.   R3 began as a startup in 2014, and tasked itself with creating blockchain products for banks and finance firms. It is considered to be one of Ripple’s main competitors. Blockchain… Read More

June 11, 2018 @ 6:00 pm By Cali Haan  |  

Brett Redfearn, the Director of the Division of Trading and Markets at the SEC has criticized crypto producers and exchanges for failing to voluntarily register and report their activities to the SEC. “We’re underwhelmed by the enthusiasm for coming within the regulatory structure right now,”… Read More