116 Results from /retail, "Ripple"
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Blockchain startups Ripple and R3 are going to court to resolve a dispute over the unilateral termination by Ripple of an options contract on its XRP digital currency unit held by R3.
11 September 2017
The Bank of England says that a distributed ledger technology proof-of-concept with Ripple has reinforced its intention to make a new real-time gross settlement (RTGS) platform compatible with DLT usage in the private sector.
10 July 2017
SBI Remit and Siam Commercial Bank (SCB) have introduced the first commercially-available remittance service powered by Ripple, using the system to send money in JPY to a recipient’s SCB savings account in Thailand and receive funds in seconds.
30 June 2017
Ripple has stepped up its rivalry with Swift, poaching Marjan Delatinne, who had been business director at the messaging network's new gpi programme - an offering Ripple has loudly trashed.
13 April 2017
The Bank of England's fintech accelerator programme has launched a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.
17 March 2017
Distributed ledger technology has huge potential but has not yet reached the stage where it can fully replace current centralised systems, says a senior Bank of Japan official, who also warns FS firms against leaving the development and understanding of the tech to outside vendors.
02 March 2017
Axis Bank is the latest Indian bank bidding to move blockchain technology into the mainstream market, partnering with Ripple in its application for cross-border remittances.
10 January 2017
Ripple CEO Chris Larsen is stepping down, handing over to current COO and president Brad Garlinghouse, who will lead the next stage of the firm's efforts to transform cross-border payments through the use of distributed ledger technologies.
01 November 2016
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.
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.
20 October 2016
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.
23 September 2016
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.
15 September 2016
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