Two new payment firms try out Ripple's cryptocurrency
Plans by IDT and MercuryFX to test XRP for cross-border payments are another vote of confidence for Ripple’s products. ... Read full article
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MoneyGram pilot is important real-world test for Ripple's payments plan
The San Francisco startup behind the cryptocurrency XRP claims it can send money around the world faster, cheaper and with greater transparency. ... Read full article
CFPB turmoil, Ripple's plans and Equifax: Most read stories of 2017
The Consumer Financial Protection Bureau dominated three of the top most read stories of last year, while Ripple upstart seized two. Other highlights included our annual Women in Banking package, the aftermath of the Equifax data breach and news of ... Read full article
Ripple adds Morgan Stanley veteran to board of directors
The blockchain startup continues to pack its board with mainstream finance experts. ... Read full article
Ripple adds former NYDFS head to board of directors
The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules. ... Read full article
Blockchain moves beyond its 'moonshot' phase
Brian Behlendorf, leader of the Linux Foundation's effort to establish standards for blockchain, likens the invention of cryptocurrencies to the moon launch and says banks, open-source developers and others are working to make the underlying ... Read full article
R3 to take on Ripple with cross-border payments blockchain
The bank consortium is going directly after the business of its former partner Ripple in the middle of their legal battle over an option for digital currency worth $1 billion. ... Read full article
Fed's Powell gives boost to banks in real-time payments race
The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions. ... Read full article
Web’s creator to fintech players: Beware the blockchain Frankenstein
Sir Tim Berners-Lee, creator of the World Wide Web, exhorted developers to think about unintended consequences, saying he felt guilty over the digital divide and the proliferation of fake news. ... Read full article
Equifax offers breach details; Bank rally needs validation
Hackers accessed driver’s license data on nearly 11 million people, the company says; the rally in bank shares may sputter out if third-quarter earnings reports disappoint. ... Read full article
‘Neither Mad Max nor Orwell’: ID startup walks a fine line
GlobalID stands out from scores of similar companies and projects by attempting to wed self-sovereignty with regulatory compliance. If its technology works, it could alleviate a major cost for banks. ... Read full article
This cryptocurrency project is now courting banks
Stellar, which started as a splinter group from Ripple, has formed a for-profit company called Lightyear.io to help financial institutions integrate its software. ... Read full article
Swift exec Marjan Delatinne defects to Ripple
The move is noteworthy because Delatinne had led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes. ... Read full article