RippleNet, Ripple’s global financial network, announced on Wednesday (Aug. 11) a third addition to its list of financial institutions (FIs) and money transfer companies in South Korea — Global Money Express (GME Remittance) — after partnerships with CROSS ENF and Sentbe. The partnership with RippleNet...
Cambridge Global Payments, a FLEETCOR company working on cross-border payments, has partnered with enterprise blockchain solution Ripple on a cross-border payment solution for B2B customers, according to a press release. Using RippleNet, Ripple’s global payment network, the partnership will take advantage of the ripe market...
As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. Clients of the bank will now have the ability to...
The People’s Bank of China (PBOC) and the Shanghai Municipal Financial Regulatory Bureau have announced that they will be inspecting companies that conduct cryptocurrency trading, token sales, and distributions of tokens from overseas initial coin offerings (ICOs). Once these businesses are identified, they will be...
January 09, 2019
Ripple has seen more than 200 banks sign on to its blockchain powered cross border payment efforts. Progress? Sure, but perhaps a sea change is not in the offing for this $2 trillion global payments opportunity – at least not yet.
March 20, 2022
The Arab Monetary Fund (AMF) has named RippleNet as a potential alternative to adopting central bank digital currencies (CBDCs), a report said Sunday (March 20). The AMF’s Arab Regional Fintech Working Group has said there’s considerable risk for a country to issue a CBDC, in that local currencies might “lose their basic utilities.” “There are […]
August 11, 2021
RippleNet, Ripple’s global financial network, announced on Wednesday (Aug. 11) a third addition to its list of financial institutions (FIs) and money transfer companies in South Korea — Global Money...
November 18, 2019
The People’s Bank of China (PBOC) and the Shanghai Municipal Financial Regulatory Bureau have announced that they will be inspecting companies that conduct cryptocurrency trading, token sales, and distributions of...
October 09, 2019
Real-time currency exchange and remittance network Ripple has teamed up with Finastra to allow banking customers to access RippleNet, its worldwide blockchain payments network. Ripple said it will provide for...