Ripple has announced deals with two banks and three payment processors across India, Brazil and China, as the firm seeks to make good on a promise to transform payment flows into and out of emerging markets.
Cross-border payments network Earthport is betting on a market upturn driven by distributed ledger technology after reporting a doubling of losses for the six month period ended 31 December 2017.
Ripple has signed an agreement with the Saudi Arabian Monetary Authority (SAMA) to create a pilot programme in support of KSA banks who choose to use xCurrent to instantly settle cross-border payments.
UAE Exchange has become the latest money transfer brand to join the RippleNet network to speed up the processing of remittance transfers across the Middle East and Asia.
After adding Bitcoin Cash and Litecoin support in the last couple of weeks, we are now excited to announce Ripple support on Zebpay.
Chinese payment processor LianLian is to join RippleNet, providing a gateway to the region to other members of Ripple's far-flung 100-strong instant payments network.
Banco Santander has set a Q1 2018 launch date for the introduction of same day mobile international payments for personal customers using Ripple's distributed ledger technology.
Adding to the momentum behind XRP’s growing global liquidity, SBI Holdings announced that its newly released digital asset exchange — SBI Virtual Currencies — will use XRP as the only digital asset supported at launch.
IDT Corporation and MercuryFX have signed up to trial Riple's xRapid real-time liqudity platform to settle retail remittances using virtual currency XRP.
Shares in MoneyGram gained on Thursday on news that the old-school money transfer player has teamed up with Ripple to pilot the blockchain startup's XRP digital currency in its payments flows.
© Finextra Research 2018