2020-8-14 12:41 |
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying the XRP creator plans to move away from interbank payments.
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A leading crypto-friendly European bank, Bank Frick has announced it is replacing interbank payment facilitator SWIFT with Circle’s Stablecoin, USDC. The bank based in Liechtenstein cited the speed of transactions for its decision as it is trying to speed up USD payments.
2020-6-10 21:05 | |
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New statements were made by a panel of senior banking officials on the subject of On-Demand Liquidity (ODL) at the Swell 2019 event held in Singapore. The panel was hosted by Ginger Baker, Senior Director of Product at Ripple along with panelists from goLance, Bitso, FlashFX, and Interbank Peru. The subject of blockchain and cryptocurrencies […]
2019-11-8 18:31 | |
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The SWIFT international interbank payment system is living its last days, according to CEO Ripple Brad Garlinghouse. SWIFT – Society for Worldwide Interbank Financial Telecommunications – is a cooperative society created under Belgian law in 1973.
2019-10-9 16:16 | |
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Ripple (XRP) is steady, adds 5. 3 percent SWIFT, in a global trial, settled a cross-border transaction from Australia to Singapore in 13 seconds In a test, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), achieved speeds closer to those of Ripple.
2019-7-25 21:00 | |
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Ripple has been bagging huge partnerships this year and therefore gaining a lot of traction. Today, it has come to light that one of the largest banks in the US, Bank of America filed a patent application for a distributed ledger system for interbank communications based on Ripple’s distributed ledger technology (DLT).
2019-7-23 22:44 | |
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Central banking giant JPMorgan Chase plans to expand its blockchain network to include interbank settlements, in an effort to ward off competing services like TransferWise and Ripple. Formed in 2017 through collaboration between the Royal Bank of Canada and Australia’s ANZ Bank, the Interbank Information Network (IIN) utilizes the Ethereum-based Quorum blockchain to solve compliance […] The post JPMorgan Expands Blockchain Network For Interbank Services appeared first on Crypto Briefing.
2019-4-23 22:56 | |
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According to a recent report released by CoinDesk, the investment banking giant JP Morgan Chase aims at expanding its blockchain payment services to reach 220 banking members. The intention is to include settlement features and compete against companies such as Ripple.
2019-4-22 17:47 | |
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By CCN. com: Wall Street firm JPMorgan has a plan to save the banking industry’s lucrative cross-border payments business from alternatives such as Bitcoin and fintechs such as Ripple and TransferWise – expand the use cases for its permissioned blockchain network, the Interbank Information Network (IIN) to include settling payments.
2019-4-22 15:49 | |
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Coinspeaker J. P. Morgan Blockchain Tops Ripple Signing Up 201 Global BanksJPMorgan rapidly expands its Interbank Information Network (IIN) reporting a whopping 201 banks joining its blockchain.
2019-4-22 13:32 | |
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Society for the Worldwide Interbank Financial Telecommunication, SWIFT is gearing towards picking up the pace set by Ripple Inc, on cross-border payments. Its plan, to launch a global instant payment system will put them on the level to give Ripple a stiff competition or even shove them off the race line.
2019-2-14 16:20 | |
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With its products xRapid and the XRP token, Ripple wants nothing less than to conquer international payment traffic. CEO Brad Garlinghouse stressed in the past that it was only a matter of time before SWIFT was overtaken.
2019-2-12 00:36 | |
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The CEO of SWIFT revealed today that the institution is working on a proof-of-concept for integrating blockchain start-up’s R3 trade finance platform with SWIFT’s GPI framework. Proof-of-Concept Blockchain Integration The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a global banking payments network.
2019-1-30 20:00 | |
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XRP continues its successful path to mass adoption as the ultimate token for interbank transaction processing. After multiple tests and announcements by several banks and payment processors, Euro Exim Bank of London finally announced that it will use XRP and Ripple’s xRapid software in a matter of weeks and before the end of Q1 this […] The post Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019 appeared first on Ethereum World News.
2019-1-13 09:48 | |
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Ripple Inc. has done well in focusing on lifting the banking industry from the impact of the last financial crisis which pushed banks into struggling to keep afloat. Liquidity challenge faced by banks mostly when it comes to interbank transactions is now a thing of the past with Ripple’s decentralized financial tools.
2019-1-10 21:44 | |
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Society for Worldwide Interbank Financial Telecommunications, SWIFT has made a mark in the global payment system with almost all the banks, payment processing firms and other business in its network.
2018-12-14 18:02 | |
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The Society for the World Interbank Interbank Financial Telecommunication, SWIFT has finally launched its Electronic Blockchain-based Payment System. This new system will be used by the Company to deal with all its payment delay issues.
2018-12-5 19:10 | |
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Ripple, a global payments network is currently in the process of expanding as they onboard new customers and financial firms. According to Bloomberg’s article published on November 15, 2018, Ripple’s popularity with financial institutions may one day overtake the Society for Worldwide Interbank Financial Telecommunication (SWIFT) banking network, as the blockchain-based company uses newer and […] Ripple’s CEO Believes That the Blockchain Startup May Topple the Swift Banking Network was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-11-15 17:29 | |
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Ripple Price Analysis: XRP/USD Drops Four Percent, Stable above 50 Cents Ripple Price Analysis: XRP/USD Drops Four Percent, Stable Above 50 Cents Financial Times (FT) Explores Bitmain's Different IPO Prospectus' Profits Compared to Earlier Reports Financial Times (FT) Explores Bitmain's Different IPO Prospectus' Profits Compared To Earlier Reports JP Morgan Chase's Blockchain DLT System ‘Interbank […]
2018-11-15 08:20 | |
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Ripple Sets Sights On Swift Banking Network Blockchain company Ripple is currently looking ahead at technology that will provide its customers with a faster and better system and one contender is Swift Banking Network.
2018-11-15 01:23 | |
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In a recent interview with Bloomberg, Singapore, Ripple CEO, Brad Garlinghouse stated that most large banks which have been on SWIFT network are signing on with Ripple. This is only an indication that Ripple is taking over the business from the Society For World bank Interbank Financial Telecommunication provider, SWIFT.
2018-11-14 21:34 | |
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In an official press release issued by the MUFG on November 9, 2018, the finance giant announced the signing of a Memorandum of Understanding To Develop A New Cross-Border Payment Service as part of a joint effort between MUFG and Bradesco.
2018-11-12 23:16 | |
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Rumors that Ripple’s chief competitor, the current SWIFT interbank network, would partner with it, excited the crypto community.
2018-11-7 16:45 | |
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The Society for Worldwide Interbank Financial Telecommunication, SWIFT, which has been a giant global payment network for years, denies that it had any plans of collaborating with Ripple or integrate with the fintech company by utilizing any of its financial tools.
2018-11-7 14:10 | |
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Banks and other financial service providers pay increasing attention to blockchain technology. JPMorgan is effectively taking on Ripple in terms of building a DLT-based global payments network. Their Interbank Information network has received the backing of these five prominent banks, among other entities.
2018-9-29 21:00 | |
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Details have emerged of a new digital currency to be issued by the central bank of Thailand – it’s built on an open-source blockchain eerily reminiscent of Ripple, the popular banking ledger developed by Ripple Labs.
2018-8-22 17:00 | |
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