American Express Is Hiring to Sell a Ripple Based Blockchain Product

Chirayu Choubisa

Chirayu Choubisa

June 12, 2018 11:42 am

American Express Is Hiring to Sell a Ripple Based Blockchain Product | Coindelite News
9936 Total Views

Payments Company AmEx is Recruiting to help sell Ripple-Powered Blockchain Product

Payments Company American Express is expanding its work with blockchain, recent statements and details on job posting shows.

The collaboration between AmEx, Ripple and Santander Bank that started back in November of last year is touching new heights as trio continues to push blockchain solution to foster secure, high-speed cross-border payments. In a job posting on the American Express carrier board, a clear reference was made to the association as evidence of the company’s  focus “growth, new products, and technology offerings to meet customer requirements and build on the American Express brand.”

The ad stated, “In 2018, we are introducing a blockchain solution with Ripple and Santander” which seems to have since been edited out.

Both Santander Bank and American Express, since the advent of their association with Ripple, have been utilizing startup’s technology to move money across borders.

According to a report by Smartereum, Mr. Colin O’Flaherty  Vice President, American Express affirmed last week at Money 20/20 Europe that the company would be utilizing Ripple’s xCurrent tool to allow global transactions at higher speeds and a higher level of transparency.

Mr. Colin O’Flaherty said at the event, “Ripple offers instantaneous, point-to-point conversations between the sender and receiver of funds. And that provides a real opportunity to alleviate most of the issues our customers are facing,” talking of the challenges small-to-medium-sized enterprises (SMEs) encounter when engaging in cross-border payments.

The xCurrent product is now being utilized by Santander to allow their OnePayFX services which enable clients to complete international transfers either on the same day or the next one.

No Comments
Coinbase Should Add XRP says Ripple CEO, Mr. Garlinghouse

Ripple CEO Mr. Brad Garlinghouse says Coinbase Should Add XRP CEO of Ripple Labs, Mr. Brad Garlinghouse, the company that oversees the development of  XRP, the $18 billion blockchain network, has stated for the first in public that Coinbase should integrate XRP, the native digital currency of the ripple network. …

Ripple Price Prediction says XRP to become close to $10 as the Potentiality

Ripple Price will Reach $10 says  Roman Guelfi, a Respected Crypto Expert Being the third largest cryptocurrency in the world, the Ripple has been experiencing price slump. Even though after hiring Cory Johnson, Ripple’s new head market strategist, XRP still seems to be struggling to raise in terms of value. …

Crypto Startups And Organizations To Sponsor New Blockchain Research Center At Stanford University

Stanford computer scientists to launch Blockchain Research Center supported by Ethereum Foundation Members of crypto startups and associations are sponsoring a new blockchain research center headquartered at Stanford University. The Center for Blockchain Research is uncharged by Dan Boneh and David Mazières, two professors who have major in blockchain and …

Ripple CEO Brad Garlinghouse Defends XRP’s Utility at Fintech Conference

‘Ripple is Different than XRP’ says Ripple CEO at Fintech Conference On Thursday, CEO of distributed ledger startup platform Ripple, Mr. Brad Garlinghouse says, “Let’s be clear: Ripple is different than XRP,” argued during CB Insights’ Future of Fintech conference. Brad Garlinghouse opened his talk by pushing back against arguments …

Central Bank of Brazil Develops Blockchain Data Exchange for Financial Regulators

Brazil’s Central Bank Unveils Blockchain Data Sharing platform for Regulators South American Nation Brazil could soon have a new blockchain platform to assure the authenticity of information exchanged within the nation’s financial authorities. On Tuesday, Brazil’s Central Bank, Banco Central do Brasil (BCB), declared that it has built the platform …

Ripple Claims xRapid Able to Save Billions in Fees

Ripple stated that their foundation could save over 16 billion dollars with xRapid Ripple being the third-best currency in the market, still makes up upon to a standout amongst the most talked-around currencies in the crypto group. Partially, this will be the case because of the adequate penetration of Ripple’s …

Press Release