Tagged: ripple

Mercury FX & IDT Sign Up for Ripple’s XRP Program

Earlier this week, fintech firm Ripple announced Mercury FX and IDT will now use xRapid to settle retail remittances and corporate transactions quickly. Both companies reportedly join MoneyGram and Cuallix, who will use XRP in their payment flows, to enable on-demand liquidity for global payments. The company revealed: “IDT and MercuryFX both have… Read More

The Top Ten Fintech Predictions for 2018

Last year, I boldly predicted 10 Fintech movements that will take place as Earth makes another perfect rotation around our Sun. It’s always fun to look back and see how wrong I was, so let’s stump the chump! Here are my original predictions. Let’s score… Read More

Coinbase Says No Dice to Listing Other Cryptos for Now, Ripple Dips on Statement

Coinbase, one of the largest crypto exchanges in the world, published a post yesterday saying they have not made any decision to add any additional digital assets to either GDAX or Coinbase. The statement by Coinbase effectively squashed rumors that Ripple would soon be listed… Read More

Ripple’s CEO Brad Garlinghouse Discusses the Fintech Company’s Blockchain Technology Bet

Ready to share Ripple’s insight on the blockchain industry, CEO of Ripple, Brad Garlinghouse sat down with Bloomberg’s Cory Johnson to discuss the San Francisco-based fintech company’s bet on cryptocurrency’s technology. Founded in 2012, Ripple notably provides global financial settlement solutions to enable the world… Read More

Fintech Startup Ripple Debuts New Infrastructure Innovation Initiative

Earlier this week, fintech firm Ripple announced it was launching a new infrastructure innovation initiative. This news comes just a couple of months after the company announced more than 100 financial institutions have joined its blockchain network, RippleNet. While sharing details about the initiative, Ripple stated: “Ripple… Read More

The Genie is Out of the Bottle: Bloomberg Adds Cryptocurrencies to its Ubiquitous Terminals

The Bloomberg Terminal is the mainstay of any serious financial service firm. Populated on trading desks around the world, “the Bloomberg”, launched in 1981 long before computers were commonplace. The Terminal is now on over 325,000 work stations globally. And it is not just about… Read More

American Express Launches Blockchain-Enabled Cross-Border Business-to-Business Payment Services Using Ripple Technology

On Thursday, American Express (NYSE: AXP) announced the introduction of blockchain-enabled, business-to-business cross-border payments. The American Express FX International Payments (FXIP) business is working with fintech startup Ripple to reduce the time and cost of the settlement while maintaining the level of security that American… Read More

Ben Bernanke Thinks Bitcoin will Fail

Ben Bernanke, the former Chairman of the Federal Reserve who toughed it out during the Great Recession, doesn’t thing too much about Bitcoin and cryptocurrencies in general. Speaking to a standing room only audience at the Ripple Swell conference in Toronto this week, Bernanke was… Read More

Ripple Reveals: Blockchain Network Is Now More Than 100 Strong

San Francisco-based fintech Ripple announced on Tuesday more than 100 financial institutions have joined its blockchain network, RippleNet. This news comes less than a month after the company opened its new Singapore office. Speaking about the blockchain network’s milestone, Ripple’s CEO Brad Garlinghouse, stated: “Global payments are undeniably going… Read More

Fintech Startup Ripple Opens New Singapore Office

San Francisco-based fintech Ripple has announced the opening of its new Singapore office. This news comes just one month after the company opened its India office. While sharing details about the new office, Dilip Rao, managing director for Ripple APAC, reportedly stated: “Singapore is leading the… Read More

Bank of England Publishes 3rd Round of Proofs of Concept from Fintech Accelerator

  The Bank of England has has published summaries of the third round of Proofs of Concept (POCs) completed by its Fintech Accelerator. Launched a year ago, the Accelerator seeks to deploy innovative technologies on issues relevant to the Bank’s mission and operations. The Bank… Read More

Payza Adds New Cryptocurrencies to Exchange, Including Ethereum, Ripple, Litecoin, Dash & Monero

Payza, a global payments platform,  announced a cryptocurrency exchange expansion to include the “most popular” Bitcoin alternatives. In the majority of the countries where Payza is available, verified Payza members may now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza,… Read More

Ripple Appoints Appoints Marjan Delatinne As New Sales Director For Europe

San Francisco fintech company, Ripple, announced on Wednesday it has appointed former business director at SWIFT gpi, Marjan Delatinne, as its new sales director for Europe. The company reports that Delatinne will lead its sales efforts for financial institutions in Europe and will sell its commercial blockchain… Read More

New Consumer Financial Data Rights Group Submits Comments to CFPB: Advocates for Consumer’s Rights to Financial Data

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Consumer Financial Data Rights Group (CFDR), a new organization that was created to defend consumers’ access to their data and fuels innovation in the fintech industry, announced on Tuesday it has submitted a response to the Consumer Financial Protection Bureau’s (CFPB) request for information (RFI) in regards… Read More

Consumer Financial Data Rights Group Formed by Fintech Companies including Kabbage, Affirm & More

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 A group of fintech companies announced on Thursday they have come together to create the Consumer Financial Data Rights (CFDR) group. This organization will notably defend consumers’ access to their data and fuels innovation in the fintech industry. Founders of the CFDR group includes leaders from Affirm, Betterment,… Read More

Brief: Smart Token Chain Completes First Full “Smart Token” Transaction Across the Ripple Network

Smart Token Chain, a blockchain specialist in the fintech sector, announced on Thursday it completed its first full smart token transaction across the Ripple Network.The company reported Ripple gives it access to a wide range of partners and customers without having to establish a digital… Read More

Ripple Appoints Brad Garlinghouse As New CEO

San Francisco fintech company, Ripple, announced on Tuesday it has appointed president and chief operating officer, Brad Garlinghouse, as its new CEO. Former CEO, Chris Larsen will be stepped down from the role to become executive chairman of the company’s board of director. Ripple reports… Read More

Ripple CEO Chris Larsen: “The Next President Needs to Have Fintech on Their Agenda”

With the American people set to vote for their next President on November 8th, CEO of Ripple, Chris Larsen, revealed why the next leader of the country needs to consider putting fintech in their agenda. Larsen stated in a blog post on Thursday that while the… Read More

Ripple Announces: Major Banks Team Up to Launch Blockchain Payments Network

San Francisco fintech company, Ripple, announced on Friday that six major have teamed up to launch a new blockchain network on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada have teamed up to… Read More

San Francisco’s Fintech Company Ripple Secures $55M During Series B Funding Round

On Thursday, San Francisco fintech company, Ripple, announced it raised $55 million during its recent Series B Funding round. The company revealed new investors Standard Chartered, Accenture Ventures, SCB Digital Ventures, the venture arm of Siam Commercial Bank, and SBI Holdings contributed to the round along with… Read More

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