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SWIFT Won’t Be Integrating With xRapid, XRP or RippleNet

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SWIFT , the global payments network has been shooting down rumours that its platform will begin to integrate with Ripple’s suite of software solutions for cross-border payments.

SWIFT is updating its protocol standard this month and is also letting its customers know that they should upgrade to the firm’s new global payments platform called SWIFT gpi. News regarding the upgrade led to a mixture of different rumours about the SWIFT gpi that it would make the XRP powered payment solution xRapid and RippleNet available to thousands of banks on the SWIFT network.  Read more...

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Top Ten US Bank Joins Ripple Blockchain RippleNet for Cross-Border Payments

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PNC Bank, the 9th largest bank in the United States by assets, has joined Ripple’s enterprise blockchain network RippleNet in what is a noteworthy addition for the San Francisco-based fintech. With over $ 380 billion in assets, Pittsburg-based PNC Financial Services Group has become the latest member to join RippleNet, a global payments network of over

The post Top Ten US Bank Joins Ripple Blockchain RippleNet for Cross-Border Payments appeared first on CCN

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NCB Joins RippleNet

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NCB Joins RippleNet

Thursday 13th September 2018 was when Ripple announced on their website that NCB (National Commercial Bank) of the Kingdom Saudi Arabia (KSA) has become the latest enterprise customer and joined up with RippleNet and Ripple’s fast growing network of payment providers, virtual asset exchanges, banks etc.

For Ripple, this is huge as KSA is massive player in the remittance space, with the World Banks remittances data “showing that 308 million dollars were sent into the KSA, and 37 billion dollars in remittances were sent from the country in 2016.”  Read more...

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RippleNet Connects Asia-Pacific and South America, Santander Demos One Pay FX Mobile App

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InstaReM, a Singapore-headquartered Fintech company offering digital cross-border money transfers to individuals and businesses, has officially partnered with BeeTech, a São Paulo-based payment service provider for South America. The partnership will utilize Ripple’s blockchain network and represents one of the first times non-bank RippleNet members in Asia and in South America will afford their customers the ability to utilize Ripple-powered payments across multiple markets. 

Connecting Asia-Pacific and South America

InstaReM currently offers payment services to more than 55 countries, including many in Southeast Asia and Europe. By partnering with BeeTech, InstaReM now allows its customers to send real-time payments into South America, while BeeTech customers gain instant payout services into InstaReM’s 60 world markets.  Read more...

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LianLian joins RippleNet

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Ripple granted BitLicense
Leading Chinese payment provider LianLian has joined Ripple’s Network, according to an email CoinReport received from Ripple’s PR firm, The Hatch Agency. LianLian has 150 million registered users. According to the email we received, the production agreement will enable the Chinese payment provider t…

The post LianLian joins RippleNet appeared first on CoinReport.

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