Ripple Labs Hits Rare Win in Payments Technology

Ripple Labs bags award for cross-border payments innovation

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Ripple attains new milestones in the payments industry – details

The remittance company Ripple made various announcements during its yearly conference, Swell. The crypto firm revealed its Ripple Payments product, representing a step deeper into the digital payment sector.

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Ripple Payments expands its business to 70 markets

Ripple, a blockchain company, has expanded the coverage of its Ripple Payments payment network to 70 markets. According to the blog, with the expansion, Ripple will further optimize the efficiency of cross-border payments using the blockchain. Moreover, the service will…

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Ripple’s “ODL” Rebrands To ‘Ripple Payments” For A More User-Friendly Experience

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Ripple talked about the accelerated transition to instant payments

In a material on its website, Ripple talked about the accelerated transition to instant payments. In a material on its website, Ripple spoke about the accelerated transition to instant payments, having previously described the material on its Twitter page. It...

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Ripple's Top Executive Says Transnational Payments About to Transform While Ripple Intends to Set Up New ODL Corridors

Ripple's Marcus Treacher believes transnational payments are on the "cusp of transformation" thanks to RippleNet and ISO standardization

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Why Unifying Payments Infrastructure Will Boost Financial Inclusion

The latest episode of Block Stars is the conclusion of current Ripple CTO David Schwartz’s two-part conversation with former Ripple CTO, Stefan Thomas. Stefan is now the founder and CEO of Coil, a Web Monetization service that streams payments to publishers and creators based on the amount of time Coil members around the world spend … Continued The post Why Unifying Payments Infrastructure Will Boost Financial Inclusion appeared first on Ripple.

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XRP users may see extended use of Uphold with XRPL labs and Ripple

As global payments revolutionize, Ripple wants to be an active participant in the process as it joined the Open Payments Coalition [OPC]. As announced earlier by the cross-border payments processor, 4The post XRP users may see extended use of Uphold with XRPL labs and Ripple appeared first on AMBCrypto.

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MoneyGram Got Another $11M From Ripple to Use Its Cross-Border Payments Tech

Payments firm Ripple has given MoneyGram over $11 million dollars in the past half year, according to regulatory filings with the Securities and Exchange Commission.

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Ripple Partner InstaReM Now Powers Real-Time Remittance Payments for SBI Remit and Cosmoney Clients

Ripple partner InstaReM will now power real-time cross border payments for the clients of another Ripple partner SBI, as per the latest announcement. A leading global financial payments infrastructure, InstaReM first joined Ripple for Southeast Asia payouts via RippleNet at the beginning of last year. Now, the company is going to work with one of […]

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Ripple’s David Schwartz breaks down how ILP and Coil will change the face of payments

David Schwartz, the CTO of Ripple explained the need for a complete restructuring of payments and how blockchain and purpose-built technology will help enforce it during ‘We are Developers’ conference in Berlin on June 8.

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A $50 Billion Banking Giant Launches International Payments with Ripple’s XRP

By CCN. com: At the Financial Sector Conference on April 24, Saudi British Bank (SABB) announced the launch of its Instant Cross-Border Transfer Service, a payments infrastructure based on the Ripple blockchain network that utilizes crypto asset XRP for liquidity.

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Ripple clarifies their plan to have a ‘global footprint’ as a cross-border payments company

Ripple is a payments company focused on facilitating cross-border payments with their innovative and proprietary products like xCurrent, xRapid, and xVia. In the recent episode of Ripple Drop, Ripple disclosed how they were planning to have a global footprint to understand the needs of their customers in different regions.

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How Ripple’s XRP Stacks Up Against SWIFT: A Quick Comparison of xRapid for Global Payments

Ripple is one of the most popular digital currency companies in the cryptocurrency market. The firm is trying to increase its presence around the world and attract new financial firms to improve their cross-border payments and transactions.

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Ripple Payments Network Adds UAE Exchange and Unimoni

Ripple, XRP–On a day when XRP slipped out of the second overall spot by market capitalization, being edged out by perennial contender Ethereum (ETH), the parent company Ripple had positive development for its payments network.

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New Ripple and Amazon Crypto Rumors Kick up Digital Dust With XRP For Retail Payments Usage

New Ripple And Amazon Crypto Rumors Kick Up Digital Dust with XRP For Retail Payments Usage Ripple continues to grow in the virtual currency market. The process of becoming bigger and better continues every single week.

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Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

During Ripple's annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.

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Ripple Specialist Says Ultimate Goal Is Real-Time XRP Payments in 3-5 Seconds Anywhere Around the World

Ripple’s Ultimate Goal Is To Give Everyone On Earth Send Payments In A Matter Of Seconds Ripple’s global payments specialist Cassie Craddock said Ripple’s long-term goal is to spread the company’s proprietary technology through banks and payment platforms on a massive scale.

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Up Close and Personal With, Um, the Competition

New payments players have emerged and are giving banks a run for their money. During this session, we uncover the market opportunity and how these new players are getting traction. The post Up Close and Personal With, Um, the Competition appeared first on Ripple.

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Ripple Powered Mobile App to Provide On-Demand Domestic Payments in Japan

The Japan Bank Consortium will release a groundbreaking smartphone application called “MoneyTap”— powered by Ripple’s blockchain technology — to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week.

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LianLian International Joins RippleNet to Provide Faster Payments into China

In order to support the influx of global payments sent to the Chinese e-commerce market and provide a superior customer experience, LianLian — a leading Chinese payment provider with 150 million registered users — has joined RippleNet to receive real-time, cross-border remittances and e-commerce payments.

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How XRP Stacks Up Against Other Digital Assets

We examined the top digital assets for payments while comparing their speed, cost and scalability. Here’s what we found. The post How XRP Stacks Up Against Other Digital Assets appeared first on Ripple.

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Top 3 Takeaways From Swell

If you attended Swell in mid-October, one thing was clear: This was far from a typical banking event. The inviting atmosphere put attendees at ease, prompting them to speak candidly about the pain points associated with cross-border payments, and the obligation they have to improve the payment experience for their clients.

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Who Really Cares About Real-time Payments?

Behind the daily shouts about the market value of cryptocurrencies, there are quiet murmurs about another revolution in the making — real-time, domestic payment systems. The post Who Really Cares About Real-time Payments? appeared first on Ripple.

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American Express Joins RippleNet – Giving Visibility and Speed to Global Commercial Payments

American Express is the latest company to become a member of RippleNet. The post American Express Joins RippleNet – Giving Visibility and Speed to Global Commercial Payments appeared first on Ripple.

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Ripple-powered Instant Payment Services Now Live with Axis Bank, RAKBANK, and Standard Chartered

In today’s increasingly globalized world — where international supply chains as well as the number of overseas workers are growing — it’s imperative to have fast, transparent cross-border payments.

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Blockchain Connect Fireside Chat: Ripple CEO Speaks about Ripple Solutions for Global Payments

It was easy to feel the energy and excitement at the San Francisco Palace of Fine Arts Theatre as a massive crowd of blockchain enthusiasts flowed into the 2018 Blockchain Connect Conference, forcing it to quickly reach capacity.

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RippleNet Strengthens Emerging Markets Access into India, Brazil and China

According to the World Bank, global remittance payments are on track to grow by 3.4 percent or roughly $466 billion in 2018, with India and China having the highest incoming flows in 2017. Together with this massive flow of capital, emerging markets are home to 85 percent of the global population and account for almost … Continued The post RippleNet Strengthens Emerging Markets Access into India, Brazil and China appeared first on Ripple.

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Much Ado, Much to Do – Part 3

This is the third post of three in a series on Ripple’s vision and product strategy. You can read the first here and the second post here. Strategy Two: Solve Liquidity Management with xRapid Cross-border payments usually involve a currency trade.

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Exploring Innovation in Payment System Infrastructures

At Ripple, we’re focused on engaging with commercial banks to implement production-grade enterprise systems — using DLT — to support cross-border payments. The post Exploring Innovation in Payment System Infrastructures appeared first on Ripple.

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Ripple CEO at Money20/20 Asia: A New Payments System for the Digital Age

It was standing room only inside the Money20/20 Asia fireside chat “A New Payments System for the Digital Age” — as Ripple CEO Brad Garlinghouse shared the stage with panel chair Faisal Khan — and outlined his vision for the future of Ripple, XRP and the Internet of Value.

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The World Cup of Global Payments: Get Off the Sidelines

In just a few short months, the world’s attention will turn to Russia and the 2018 World Cup. This gathering of the globe’s best is a showcase for both team talent and national pride. It’s also an apt analogy for how to win in global payments today.

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Three Burning Blockchain Questions

Blockchain is everywhere these days. From CryptoKitties to the company formerly known as Long Island Iced Tea, blockchain has become one of the most talked-about technologies since the advent of the internet.

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Much Ado, Much To Do – Part 2

Financial institutions have built the systems and teams to legally operate payments businesses.

The post Much Ado, Much To Do – Part 2 appeared first on Ripple.

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Ripple Hosts World’s Central Banks to Explore Next Generation of Payments

Image: Shutterstock Ripple recently gathered over two dozen central banks from around the world to explore how new technologies enable the next generation of payments. The Central Bank Summit on Blockchain, hosted at Carnegie Hall in New York City, gathered central banks’ senior leadership, payment strategy leads and oversight staff for a focused discussion on … Continued The post Ripple Hosts World’s Central Banks to Explore Next Generation of Payments appeared first on Ripple.

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Demystifying Digital Assets Part 3

Blockchain might seem often synonymous with Bitcoin — but the reality is that the most impactful application of distributed ledger technology isn’t just as a store of value — instead it’s in a use case designed to revolutionize how companies make payments across borders.

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MoneyGram to Use XRP for Faster International Payments

To allow their customers to send and complete cross-border payments quicker and cheaper, MoneyGram — one of the world’s largest money transfer companies — will use XRP in their payment flows. The post MoneyGram to Use XRP for Faster International Payments appeared first on Ripple.

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Down with Disco (-era Money Movement Technologies)

“Instant payments are here! Instant payments are here!” Beyond a classic Steve Martin reference, the claim of instant payments is humorous in its own way. For while sending money via Venmo and other payment apps might seem instantaneous, it is anything but.

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Ripple and Saudi Arabian Monetary Authority (SAMA) Offer Pilot Program for Saudi Banks

The Saudi Arabian Monetary Authority (SAMA) — the central bank for the Kingdom of Saudi Arabia (KSA) — has signed an agreement with Ripple to help banks in the KSA improve their payments infrastructure using xCurrent.

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Top Korean Banks Work with Japan Bank Consortium to Modernize Cross-border Payments

The Japan Bank Consortium — a coalition of 61 banks in Japan, organized by SBI Ripple Asia — has announced the launch of a new Ripple pilot with Woori Bank and Shinhan Bank, two of South Korea’s largest banks with a collective market capitalization of more than $30 billion.

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Cambridge to Use XRP for Faster Global Payments

Cambridge Global Payments — a subsidiary of FLEETCOR Technologies and a leading global provider of commercial payment solutions — is launching a pilot program to use XRP in cross-border payment flows through xRapid.

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Demystifying Digital Assets Part 1

While blockchain and digital assets have become increasingly popular, it’s hard for many outside the industry to see beyond the buzz. The adoption of the technology combined with the right digital asset can provide benefits that can drastically improve the way financial institutions do business.

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Internet of Value Depends on Interoperability, Not Blockchain Alone

An important and highly relevant question has emerged in the financial industry: How does blockchain technology help institutions easily connect to the increasingly diverse types of payment networks? In our view, the ideal global payments network works just like the internet does — by using a common language to connect disparate systems.

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Krungsri Collaborates with Petrochemical Company to Expedite Cross-border Payments and Retain Customers

By using Ripple’s blockchain network, Krungsri is not only able to provide a real-time cross-border payment flow for the petrochemical company, but also provide complete transparency into when the payment would be received.

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Democratizing Global Payments: xRapid’s Cost Savings and Benefits

At Ripple, we want to see digital assets used in a way that goes beyond making payments faster for businesses. We want to see the technology used to create a positive change in the world. The Ripple mission of establishing an Internet of Value depends on the reaching two critical thresholds.

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Banks’ “Blockchain-Based” Payment Systems Are Not Really Blockchain, Ripple’s Schwartz Says

Banks that use Ripple’s xCurrent technology for cross-border payments are not actually dealing with distributed ledger technology, according to a Ripple representative.

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Ripper: Banks can not apply to Blockchain for future cross-border loans in the future

Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13. In an interview with Reuters, Schwartz argued that despite the fact that banks acknowledge blockchain technology’s potential in reducing transaction times and costs, the technology is still not

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Ripple: Banks Unlikely to Apply Blockchain for Cross-Border Payments in Near Future

Ripple’s chief cryptographer David Schwartz claims banks will not use blockchain for cross-border payments in near future

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Using Ripple XRP To Purchase Consumer Data Could Benefit The Likes Of Amazon

David Schwartz, one of the original pioneers of Ripple XRP has very recently spoken at the 2018 MoneyConf, which see’s the combination of a number of the worlds leading banks and Fintech firms come together to discuss all things finance.

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