Ripple

271 results about this entity

Period: 05 Mar 2014 - 12 Dec 2024

Japanese banks flock to blockchain consortium

A Japanese bank consortium planning to build a new real-time payments platform using technology from blockchain joint venture SBI Ripple Asia, has expanded to 42 banking members.

Banks test Ripple digital asset for cross-border payments

A dozen member banks of the R3 distributed ledger consortium have been trialling Ripple's network and native currency to tackle the costs and inefficiencies of interbank cross-border payments.

Standard Chartered slashes cross-border payment times with Ripple

Standard Chartered has announced the completion of the first real-time cross-border payment for businesses with another major correspondent bank in the Bank’s latest step to leverage distributed ledger technology for its clients as part of the recently launched ‘Banking the ecosystem’ strategy.

CGI to implement Ripple Validator Node

CGI (GIB) (GIB-A.TO) today announced it is the first commercial enterprise to implement the Ripple Validator Node.

Swift beware: Ripple signs banks to global payments steering group

As Swift gears up for its annual Sibos jamboree in Geneva next week, the interbank messaging network is facing up to a growing threat from Ripple, which has signed up several major banks to a steering group on the use of distributed financial technology for global payments.

Ripple scores $55 million funding round; adds new bank members

Ripple has won a ringing endorsement for its approach to using distributed ledger technologies to transform the cross-border payment business, scooping $55 million in funding and adding fve new banks to its network.

Japanese bank consortium to build new payments network with SBI Ripple Asia

A consortium of 15 Japanese banks are to work with blockchain joint venture SBI Ripple Asia, to build a new payments platform promising round-the-clock real-time settlement for cross-border and domestic funds transfers.

Mizuho pilots Ripple for cross-border payments

Mizuho Financial Group (MHFG), one of the largest financial groups in Asia, just became one of the first Japanese banks to pilot blockchain technology for cross-currency settlement using Ripple.

Santander doubles down on fintech fund

Santander has doubled the size of its fintech investment fund, from $100 million to $200 million, in what the bank describes as a sign of commitment to its philosophy of collaborating with startups.

Ripple goes after Swift; talks up multi-sign

Ripple is looking to capitalise on the recent spate of successful bank heists from institutions connected to the global Swift network by introducing a multi-sign feature on its consensus ledger.

Banks embrace Ripple and move beyond testing to real-world transactions

UBS, Santander and CIBC are among seven banks to sign up to the Ripple's distributed ledger technology for cross-border payments.

Ripple receives BitLicense

Early last year, the state of New York began requiring a license to engage in virtual currency activity. Ripple engaged with New York’s Department of Financial Services and today received a “BitLicense” to sell and custody XRP, the digital asset native to the Ripple Consensus Ledger, for institutional investors and financial institutions in New York.