Ripple

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is built upon a distributed open source protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.

Source: ripple.com

Company logo
Company cover image
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face Of Coronavirus
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face...
January 27, 2020  |  News

In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and Shanghai Disney Resort...

READ MORE >
Ripple Chief Teases Upcoming IPO
Ripple Chief Teases Upcoming IPO
January 24, 2020  |  Blockchain

Brad Garlinghouse, the CEO of Ripple, said that initial public offerings (IPOs) will start becoming more common in the fields of cryptocurrency and blockchain this...

READ MORE >
Thailand’s Siam Commercial Bank Teams With Ripple For Payment App
Thailand’s Siam Commercial Bank Teams With Ripple For Payment App
January 10, 2020  |  Digital Banking

Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000...

READ MORE >
Payment Rail Innovation Tops B2B’s Year Of Disruption
Payment Rail Innovation Tops B2B’s Year Of Disruption
December 30, 2019  |  B2B Payments

This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands...

READ MORE >
Ripple Notches $200M In Series C
Ripple Notches $200M In Series C
December 20, 2019  |  Investments

With an investment that reportedly tops off a record year for the company, Ripple announced that it notched $200 million in Series C funding. The...

READ MORE >
Ripple Completes $50M MoneyGram Investment, Gets 10 Pct Stake
Ripple Completes $50M MoneyGram Investment, Gets 10 Pct Stake
November 26, 2019  |  Investments

Payments company Ripple has invested $50 million in MoneyGram, according to reports. The deal was finalized and also announced by both companies Monday (Nov. 25),...

READ MORE >
Report: $400M Of Ripple’s XRP Tokens Linked To Cybercrime
Report: $400M Of Ripple’s XRP Tokens Linked To Cybercrime
November 20, 2019  |  Cryptocurrency

Cryptocurrency forensics and analysis firm Elliptic found that roughly $400 million worth of XRP tokens on the Ripple payment network is connected to illegal transactions,...

READ MORE >
Ripple Accused Of Making False Claims About SWIFT’s Error Rate
Ripple Accused Of Making False Claims About SWIFT’s Error Rate
November 05, 2019  |  B2B Payments

San Francisco-based blockchain FinTech Ripple is being questioned about its claims that rival cross-border payments firm SWIFT has a 6 percent error rate, AMBCrypto reported...

READ MORE >
MoneyGram Sees US Headwinds, Eyes Growth With Ripple And Digital Biz
MoneyGram Sees US Headwinds, Eyes Growth With Ripple And Digital Biz
November 01, 2019  |  Earnings

MoneyGram International posted results Friday (Nov. 1) that missed expectations and sent the stock tumbling, but the firm noted that progress is being made in...

READ MORE >