Tagged: ripplenet

The Need to Modernize with the Cloud will “Supercharge the Competitive Advantage” of Innovative Banks over Slower Rivals, Fintech Professional Explains

The global COVID-19 outbreak has negatively impacted businesses in many different industries throughout the world. Remote working is increasingly becoming the “new normal” for many people. Employees are able to perform most of their daily tasks from home, and don’t need to be at a… Read More

Currencycloud Teams Up With Ripple to Process Cross-Border Payments on RippleNet

  Cross-border payment platform Currencycloud announced on Thursday it has formed a partnership Ripple, an enterprise blockchain solution for global payments. CurrencyCloud reported that RippleNet, Ripple’s global financial payments network, makes it easy for its network of financial institutions worldwide to enable faster, lower-cost payments… Read More

American Fintech Ripple’s On Demand Liquidity Payments Network Triples Transaction Volume in Q1 2020: Report

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

Siam Commercial Bank in Thailand to Launch Ripple-based Consumer International Payments Mobile App

The Siam Commercial Bank (SCB) in Thailand will be launching its Ripple-based consumer international payments mobile app. The SCB, which is one of the country’s largest commercial banks, began using RippleNet (Ripple company’s decentralized network of financial institutions) in order to connect to major banking… Read More

American Fintech Ripple’s Clients Might Soon be Able to Issue Stablecoins via Cross-Border Payments Platform, RippleNet

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

MoneyGram Received $11.3 Million from American Fintech Ripple During Q3 and Q4 of 2019 as a “Market Development Fee”

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

Vietnam’s TPBank Joins RippleNet to Make Faster and Cheaper Cross-Border Payments

Vietnamese Tien Phong Commercial Joint Stock Bank (TPBank) has reportedly teamed up with American Fintech Ripple, in order to join RippleNet, a decentralized network of financial institutions and service providers that allows users to conduct quick and cheap international transactions. Notably, TP Bank was among… Read More

Leading Pakistani Bank Partners Ripple to Launch Digital Payments Solution

One of Pakistan’s largest financial institutions, Faysal Bank Limited (FBL) has launched a digital payments solution through a partnership with US-based  Ripple, a blockchain-based money transfer platform. FBL is one of Pakistan’s largest commercial banks with over 220 branches nationwide and assets totaling $1.5 billion…. Read More

Fintech InstaReM Closes on $41 Million Series C

InstaReM, a payments platform operating in over 50 countries, has closed on a USD $ 41 million Series C funding round led by Vertex Growth Fund, their first investment in Southeast Asia. James Lee, MD of Vertex Growth Fund, will be joining the Board of… Read More

XRP on GBX-DAX: Gibraltar Blockchain Exchange Founder Nick Cowan & Ripple CEO Brad Garlinghouse Comment

The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, has added Ripple (XRP) to its Digital Asset Exchange (GBX-DAX), an exchange created with the high expectations of professional crypto-traders in mind. “Ripple is a major player within… Read More

RippleNet Milestone: Surpasses 200 Customers & 13 New Financial Institutions Sign Up For Payment Network

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday 13 new financial institutions have signed up for the company’s payment network, RippleNet. It was revealed that the companies now in the network are the following: Euro Exim Bank SendFriend JNFX FTCS Ahli Bank of… Read More

Ripple Update: National Commercial Bank of Saudi Arabia Has Joined RippleNet; Currency Exchange Also Moves into Japan

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

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

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