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116 Results from /retail, "Ripple"

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Ripple and R3 trade blows in legal dispute

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.

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BofE says Ripple PoC reinforces desire for DLT compatibility

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.

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SBI and Siam Commercial Bank open cross-border remittance rail using Ripple

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.

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After trashing Swift gpi, Ripple hires its biz director

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.

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Bank of England sets up fintech Community; runs blockchain and AI trials

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.

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Bank of Japan exec warns FS firms against leaving DLT expertise to tech providers

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.

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Axis Bank ties up with Ripple for cross-border remittances

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.

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Ripple CEO Larsen makes way for Garlinghouse

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.

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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.

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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.

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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.

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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.