Ripple Defends Crypto To Congress In Open Letter
Ripple CEO Brad Garlinghouse and its Executive Chairman Chris Larsen penned an open letter to Congress regarding the regulations of cryptocurrencies. The letter states that a lot of companies in the...
View ArticleBitcoin Daily: Ripple Xpring Provides 1 Billion XRP Grant; Walmart Files...
Ripple’s Xpring has made a 1 billion XRP grant in Coil, a platform dedicated to reimagining monetization on the web for creators and their fans. The funds will be use to drive adoption of XRP and the...
View ArticleIn Latin America, Ripple Makes Remittance Waves
In Latin America, news comes this week that Santander Group is boosting its use of Ripple’s technology to aid payments across what CoinDesk reported is a “payment corridor” in Latin America. As...
View ArticlePNC Kicks Off RippleNet Cross-Border Transactions
U.S. bank PNC has begun using RippleNet to facilitate cross-border transactions, reports said Thursday (Aug. 29). Fintech Futures reported that PNC is the first U.S. bank to use RippleNet’s blockchain...
View ArticleRipple Asks Court To Dismiss XRP Securities Lawsuit
Cryptocurrency exchange and remittance company Ripple has asked a federal judge to dismiss a lawsuit against it on procedural grounds, according to a report by Fortune. The lawsuit, which alleges that...
View ArticleBitcoin Daily: Ripple Expands In Europe; Morningstar Makes Blockchain Plans...
The co-founder of a cryptocurrency hash power broker has been arrested in Germany over charges in the United States that he is one of several hackers who stole millions of dollars. Hard Fork reported...
View ArticleTrade Finance Gets Boost Via Banks, APIs
Application program interfaces (APIs) are helping to speed Open Banking — and, by extension, bringing trade finance into the digital age. To that end, HSBC said last week that it is deploying an API...
View ArticleBoA Reported To Hire ‘Treasury Product Manager’ For Ripple
Bank of America (BoA) may have hired a treasury product manager to work with Ripple. According to Cointelegraph, the bank recently took down a job listing about the position on LinkedIn. “This role...
View ArticleRipple Grows Regulatory Team
Ripple has announced that it’s now a member of the Blockchain Association, an organization that advocates cryptocurrencies and the use of blockchain networks. “Not unlike the internet’s historic...
View ArticleMoneyGram Sees US Headwinds, Eyes Growth With Ripple And Digital Biz
MoneyGram International posted results Friday (Nov. 1) that missed expectations and sent the stock tumbling, but the firm noted that progress is being made in its digital transformation. Revenues of...
View ArticleRipple Accused Of Making False Claims About SWIFT’s Error Rate
San Francisco-based blockchain FinTech Ripple is being questioned about its claims that rival cross-border payments firm SWIFT has a 6 percent error rate, AMBCrypto reported Tuesday (Nov. 5). Banking...
View ArticleReport: $400M Of Ripple’s XRP Tokens Linked To Cybercrime
Cryptocurrency forensics and analysis firm Elliptic found that roughly $400 million worth of XRP tokens on the Ripple payment network is connected to illegal transactions, Elliptic said in a press...
View ArticleRipple Completes $50M MoneyGram Investment, Gets 10 Pct Stake
Payments company Ripple has invested $50 million in MoneyGram, according to reports. The deal was finalized and also announced by both companies Monday (Nov. 25), and according to the U.S. Securities...
View ArticleRipple Notches $200M In Series C
With an investment that reportedly tops off a record year for the company, Ripple announced that it notched $200 million in Series C funding. The investment also continues to prove blockchain’s value...
View ArticlePayment Rail Innovation Tops B2B’s Year Of Disruption
This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands are growing...
View ArticleThailand’s Siam Commercial Bank Teams With Ripple For Payment App
Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000 customers. Ripple helped them...
View ArticleRipple Chief Teases Upcoming IPO
Brad Garlinghouse, the CEO of Ripple, said that initial public offerings (IPOs) will start becoming more common in the fields of cryptocurrency and blockchain this year, according to a report by...
View ArticleTop News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut...
In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and Shanghai Disney Resort and McDonald’s close in response to coronavirus outbreak....
View ArticleMoneyGram Online Transactions Grow 39 Percent YOY
MoneyGram posted earnings that showed continued growth in online transactions, up double-digits on a year-over-year basis. Fourth-quarter revenues at $323.7 million were off by 6.4 percent year over...
View ArticleJudge Lets XRP Lawsuit Proceed Against Ripple
A class-action lawsuit that threatened the world’s third-largest virtual currency, XRP, will continue, as it was not thrown out at the request of blockchain payment services provider Ripple, according...
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