Ripple, the only blockchain payments provider with proven commercial deployments, announced today the addition of 10 new customers to its growing global network.
eZforex.com, Inc. (eZforex), a national leader in providing foreign currency for travelers through financial institutions and cutting-edge international payments solutions, announced today that it is expanding its suite of global payments solutions to include Ripple’s BlockChain technology.
BBVA has run its first live cross-border transaction using the Ripple protocol.
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.
MUFG’s banking arm The Bank of Tokyo-Mitsubishi UFJ (BTMU), the third largest bank in the world and largest bank in Japan, publicly announced today that it is joining Ripple’s Global Payments Steering Group (GPSG).
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.
The McKinsey 2015 Global Payments Report stated that the number of global payments made in 2015 totaled $30.3 trillion and is expected to grow 6% per year over the next five years.
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.
Ripple's efforts to build an active ecosystem around its XRP digital asset has been boosted by a deal with virtual currency processor BitGo.
The National Bank of Abu Dhabi (NBAD) has become the first bank in the Middle East to use the Ripple protocol for cross-border payment transactions, joining a growing list of banks around the world adopting the technology.
© Finextra Research 2017