PNC goes live on RippleNet


PNC has gone live on RippleNet, giving the blockchain company a major win in its effort to build a real-time cross-border payments network that includes large U.S. banks.


Chinese payment giant Alipay downplays U.S. ambitions


The firm wants to expand its acceptance in the United States only to accommodate Chinese tourists, a company official said Thursday. But the CEO of a U.S.-based payments firm expressed skepticism.


5 things JPM Coin will do for banking and blockchain


JPMorgan's blockchain effort could lead to solutions that overcome industry skepticism and regulatory concerns and perhaps attract more mainstream retail interest.


Can JPMorgan Chase's JPM Coin knock off Ripple and Swift?


JPMorgan is prototyping its own digital currency to be used for cross-border payments and, later, other purposes. Will banks find this a palatable alternative to today's most well-known options?


Is this Swift's answer to Ripple?


Swift is showing more swagger in its rivalry with Ripple thanks to progress it has made with a multifaceted payments-tracking technology called GPI.


Amex suspends foreign currency boss; Deutsche bonuses may shrink


The unit is under investigation by federal agencies for misrepresenting pricing; investment bankers are looking at a possible 15-20% drop in bonus money.


Could Ripple's XRP replace correspondent banks? This bank says yes


Despite controversy surrounding Ripple’s digital token, one bank is pushing forward to use it in cross-border payments.


Ripple is aiming to overtake Swift banking network, CEO says


Ripple Labs Inc., the blockchain startup whose digital money is often used as a proxy for other cryptocurrency payments, is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, Chief Executive Officer Brad Garlinghouse said.


Fed looks at relaxing big bank rules; Wells western retail chief leaves


The central bank is mulling measures to broaden the number of banks receiving reg relief; Lisa Stevens was a top deputy to the former retail chief during the phony accounts scandal.


PNC to use Ripple blockchain tech for international payments


The Pittsburgh bank joins Bank of America and other large financial players in a distributed-ledger network that seeks to make global payments in real time.