09 Mar 18 @ 09:36

Ripple has developed a payments app that settles transactions instantly, in partnership with a consortium of 61 Japanese banks based on blockchain technology. Ripple says that the app, called “Money... read more

12 Jan 18 @ 11:18

Ripple has announced a tie-up with money transfer company MoneyGram, a move which is significant because the arrangement involves the use of XRP, Ripple’s digital currency, which has recently soared in value but... read more

16 Nov 17 @ 16:42

American Express has announced the introduction of blockchain-enabled, cross-border B2B  payments. The American Express FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, reducing... read more

11 Oct 17 @ 11:00

Ripple, one of the biggest blockchain companies, has announced it has $15bn of cryptocurrency reserves that it may use to acquire or partner with rivals, as it seeks to dominate... read more

21 Apr 17 @ 16:42

BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed... read more

26 Sep 16 @ 12:55

SWIFT, post hacking scandal, may have some competition as a number of major global banks have signed with Ripple Labs to found a new global transfer system based on Ripple’s... read more

19 May 15 @ 13:42

Digital currency specialist Ripple Labs has secured a $28 million Series A funding round. IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate... read more

30 Jan 15 @ 15:05

Ripple Labs is to plug its real-time settlement protocol into the Earthport payment hub, opening new channels to market for the open source transaction technology. Speaking about the partnership, Hank... read more

08 Dec 14 @ 16:51

Ripple Labs is to plug its real-time settlement protocol into the Earthport payment hub, opening new channels to market for the open source transaction technology. Under the partnership, Earthport’s customers... read more

25 Sep 14 @ 12:00

Ripple’s payments network, that allows institutions to facilitate low-cost international money transfers without the intermediation of large banks, has signed its first two US banks as customers. The two banks –... read more

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted around one of digital payments’ most recognisable... read more

24 Jun 20 @ 12:10

A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... read more

11 Jun 19 @ 09:20

New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... read more

14 Aug 18 @ 13:51

Previously existing only on the fringes of finance or computer science, cryptocurrencies are now being discussed more widely. In the future, banks may not be the only ones making money... read more

19 Jan 17 @ 09:29

The Central Bank of Nigeria (CBN) has barred deposit taking banks and all other financial institutions from the operation of any form of virtual currency. The warning by the Apex bank... read more

01 Nov 16 @ 15:29

SBI Ripple Asia, a joint venture between distributed ledger tech provider Ripple and SBI Holdings, announced in August that a Japanese consortium of 15 banks in a new network will... read more

25 Sep 15 @ 12:18

Although Bitcoin is undoubtedly the most popular cryptocurrency, it is by no means the only one. In fact, the cryptocurrency arena is so rife that the other digital currencies have... read more

25 Feb 26 @ 17:55

Reports that Stripe is exploring a potential acquisition of PayPal have sent tremors through the global payments industry. The reports follow closely on the heels of our story yesterday linking... read more

25 Feb 26 @ 17:51

Payoneer has taken a decisive step into the regulated heart of the American financial system, filing an application with the Office of the Comptroller of the Currency (OCC) to establish... read more

17 Dec 25 @ 11:40

PayPal’s decision to apply for a US banking licence marks a pivotal moment in the gradual convergence between big fintech and regulated banking. By submitting applications to the Utah Department... read more