Thailand Based Bank Partners with Ripple

Siam Commercial Bank (SCB), one of Thailand’s oldest bank has partnered with Ripple to launch a mobile application powered by blockchain to deliver instant, low-cost cross-border payments. According to the blog post by Ripple, the app named as SCB Easy was launched in December during Ripple’s annual customer event, Swell. The demo …

Finastra Partners With RippleNet

Finastra, United Kingdom-based software company has collaborated with Ripple. Finastra is looking forward to joining Ripple’s global blockchain payments network with over 200 members. Ripple recently announced that the new collaboration will allow Finastra’s customers to connect and transact with RippleNet to provide faster and cheaper cross-border payments. However, more than 200 …

Coinbase Launches Cryptocurrency Visa Debit Card

Cryptocurrency exchange, Coinbase launched a Visa Debit Card. The card makes customers in the United Kingdom and Europe encash their crypto balances. Customers will also have the ability to pay in-store, “in millions of locations”, also making payments through contactless, Chip & PIN, and also withdraw cash from ATMs. The …

Euro Exim Bank Tests Ripple’s xRapid | Coindelite News
Ripple News

Euro Exim Bank Tests Ripple’s xRapid

Euro Exim Bank, a London-based bank has recently tested Ripple’s xRapid in order to process cross-border payments. The Bank majorly focuses on providing financial services for export and import companies. So as of now, the financial service provider has the first bank to announce that it used XRP for cross-border …

Kuwait Finance House Partners With Ripple | Coindelite News
Ripple News

Kuwait Finance House Partners With Ripple

Ripple, San Francisco based startup has become the hub for Cross-Border Remittance Services. The company has already partnered with the most popular firms, organizations, banks and institutions around the world. One more name has been added to the list as one of the largest Islamic banks in the world, Kuwait Finance …

UAE Exchange To Use Ripple Based Payment System | Coindelite News
Ripple News

UAE Exchange To Use Ripple Based Payment System

Popular companies and institutions across the world are rapidly adopting Ripple’s payment system called RippleNet. Now it is United Arab Emirates Exchange’s (UAE) turn. The firm is currently working with Ripple to launch a blockchain-based payment system in Asia by the first quarter of next year. On Thursday, Reuters published …

American Express Appreciates Ripple's Technology | Coindelite News
Ripple News

American Express Appreciates Ripple’s Technology

Ripple’s fintech using blockchain technology is continuously growing and seems to be bearing positive results from all around the world. Ripple’s cryptocurrency named XRP has also established itself as one of the most important altcoins in the global market cap. The California based startup is receiving appreciation from significant players …

CIMB Partners With Ripple For Cross-border Payments | Coindelite News
Blockchain News

CIMB Partners With Ripple For Cross-border Payments

On November 15, 2018, CIMB Group and Ripple partnered to enable instant cross-border payments across various markets. Through the partnership, CIMB will be joining Ripple’s network named “RippleNet” which will provide access to other members and help CIMB to grow its cross-border payments business. Ripple’s blockchain-based solution has been used to …

Ripple Becomes The Second Largest Cryptocurrency | Coindelite News
Ripple News

Ripple Becomes The Second Largest Cryptocurrency

Ripple (XRP) has once again overtaken Ethereum (ETH) and became the second largest cryptocurrency in the world. The market capitalization has increased even though it had volatility and a bearish market. According to Coindelite’s Price Chart, Ripple (XRP) has become the world’s second largest cryptocurrency overtaking Ethereum. For now, Ethereum is …

MUFG To Use Ripple for Cross-Border Payments | Coindelite News
Ripple News

MUFG To Use Ripple for Cross-Border Payments

Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG bank) and Brazil’s Banco Bradesco are going to partner with Ripple for a new cross-border payment service. The MUFG bank recently published a press release announcing that the two banks have signed a Memorandum of Understanding (MOU), aiming to co-develop the system. …