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John Kiff

Ripple Could Invest Up to $50 Million in MoneyGram in XRP Boosting Deal - 0 views

www.coindesk.com/moneygram-in-xrp-boosting-deal

Fintech Blockchain CryptoAssets AltCoins PaymentSystems CrossBorder Ripple

shared by John Kiff on 18 Jun 19 - No Cached
  • John Kiff on 18 Jun 19
     
    Ripple has struck a deal to buy a stake in money transfer giant MoneyGram that will see MoneyGram using XRP as part of its day-to-day operations by way of Ripple's xRapid transaction product. MoneyGram started piloting the token back in January 2018.
John Kiff

PayPal Launches Ripple Rival App, Xoom, To Provide Global Remittance To Over 130 Countries - 0 views

bitcoinexchangeguide.com/mittance-to-over-130-countries

Fintech CrossBorder PaymentSystems PayPal Ripple

shared by John Kiff on 17 Jul 19 - Cached
  • John Kiff on 17 Jul 19
     
    Many are trying to solve the problems associated with the remittance market today. Ripple is one of the best platforms in this sector but has a major competitor in PayPal who have launched their international money transfer app Xoom.
John Kiff

UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines - 0 views

fintechnews.sg/...m-singapore-to-the-philippines

Fintech CrossBorder PaymentSystems Blockchain

shared by John Kiff on 23 Jul 19 - No Cached
  • John Kiff on 23 Jul 19
     
    Union Bank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform.
John Kiff

Digital currency areas | Markus Brunnermeier et al. - 0 views

voxeu.org/...digital-currency-areas

Fintech CryptoAssets CrossBorder

shared by John Kiff on 03 Jul 19 - Cached
  • John Kiff on 03 Jul 19
     
    Markus Brunnermeier et al., argue that new kinds of currency areas will emerge, held together by digital interconnectedness, and cutting across borders, increasing currency competition and, in the process, possibly redefining the international monetary system.
John Kiff

Proof-of-work blockchains and settlement finality: a functional interpretation - 0 views

www.risk.net/...ty-a-functional-interpretation

Plumbing Derivatives Regulation CrossBorder Fintech Blockchain

shared by John Kiff on 15 Jul 19 - Cached
  • John Kiff on 15 Jul 19
     
    In terms of settlement finality , subject to certain conditions, proof-of-work settlement is preferable to legal settlement finality. However, those conditions are not likely to be met as they pertain to the well-known drawbacks such as lack of scalability, excessive energy use and the 51% attack vulnerability. Future designs of new types of blockchains will need to consider these shortcomings in order to enable the regulated industry to benefit from this technology innovation.
John Kiff

Japan to lead development of SWIFT network for cryptocurrency - source - 0 views

uk.reuters.com/...ocurrency-source-idUKKCN1UD06X

Fintech CryptoAssets CrossBorder

shared by John Kiff on 18 Jul 19 - Cached
  • John Kiff on 18 Jul 19
     
    Japan's government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by banks, in an effort to fight money laundering, a person familiar with the plan said on Thursday.
John Kiff

Ripple CEO: MoneyGram Using XRP a Bigger Deal Than Facebook's Libra - 0 views

cointelegraph.com/...gger-deal-than-facebooks-libra

CrossBorder Fintech CryptoAssets AltCoins Ripple

shared by John Kiff on 12 Aug 19 - No Cached
  • John Kiff on 12 Aug 19
     
    XRapid - which uses the XRP token to facilitate the instant settlement of money sent in one currency into a destination currency - is notably not used by many of Ripple's other clients, such as Santander, Standard Chartered, and American Express.
John Kiff

Chile-Based Remittance and Payment Firm CurrencyBird Joins RippleNet - 0 views

cointelegraph.com/...m-currencybird-joins-ripplenet

Fintech CryptoAssets Ripple CrossBorder PaymentSystems

shared by John Kiff on 30 Jul 19 - Cached
  • John Kiff on 30 Jul 19
     
    Chile-based peer-to-peer remittance company CurrencyBird has joined RippleNet, Ripple's global blockchain-based network of payment providers.
John Kiff

Continent-wide digital payment system formally launched - 0 views

www.businessghana.com/...yment-system-formally-launched

Fintech PaymentSystems CrossBorder

shared by John Kiff on 11 Aug 19 - No Cached
  • John Kiff on 11 Aug 19
     
    The Pan-African Payment and Settlement System was formally launched by the African Export-Import Bank at the African Union Extraordinary Summit, which ended recently in Niamey, Niger Republic. The PAPSS, then becomes a continent-wide digital system to facilitate payments and settlements for goods and services in local currencies.
John Kiff

US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments - 0 views

cointelegraph.com/...enet-for-cross-border-payments

Fintech Ripple CrossBorder Blockchain

shared by John Kiff on 29 Aug 19 - No Cached
  • John Kiff on 29 Aug 19
     
    PNC - the United States' eighth-largest bank, with almost $400 billion in assets - has become the country's first to start using the RippleNet blockchain network for cross-border payments.
John Kiff

MoneyGram Is Using XRP In Cross-Border Settlements, Reveals Q2 Report - 0 views

bitcoinexchangeguide.com/...amp

Fintech Ripple CrossBorder PaymentSystems AltCoins CryptoAssets

shared by John Kiff on 03 Aug 19 - No Cached
  • John Kiff on 03 Aug 19
     
    MoneyGram to utilize Ripple's xRapid blockchain product, as well as XRP, Ripple's cryptocurrency, to facilitate cross-border settlement.
John Kiff

Thai central bank to work with HKMA on cross-border blockchain - 0 views

www.centralbanking.com/...kma-on-cross-border-blockchain

CrossBorder Fintech Blockchain CBDC

shared by John Kiff on 11 Aug 19 - No Cached
  • John Kiff on 11 Aug 19
     
    Thailand's central bank announced it is working with the Hong Kong Monetary Authority to develop interoperability among ledgers for cross-border funds transfer. The collaboration is part of the third phase of the Bank of Thailand's Project Inthanon.
John Kiff

MoneyGram Making XRP A Hit in Mexico - 0 views

bitcoinexchangeguide.com/bal-institutional-markets-head

Fintech CryptoAssets AltCoins Ripple CrossBorder

shared by John Kiff on 23 Aug 19 - Cached
  • John Kiff on 23 Aug 19
     
    Since the partnership with MoneyGram, the XRP market in Bitso (Mexico) has been steadily growing.
John Kiff

Libra Cryptocurrency: Can Facebook Dominate in Money Transfers? - 0 views

www.bloomberg.com/...9-facebook-libra-world-banking

AltCoins CryptoAssets Facebook Fintech CrossBorder Stablecoins

shared by John Kiff on 27 Aug 19 - No Cached
  • John Kiff on 27 Aug 19
     
    Karl Schamotta, chief market strategist at Cambridge Global Payments, said even though Facebook's Libra would be a unified currency, "each country in the world has idiosyncratic regulatory regimes, fragmented banking standards, and a whole lot of things that throw sand in the gears that prevents the smooth transfer of money."
John Kiff

60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments - 0 views

www.coindesk.com/coin-for-cross-border-payments

Fintech CryptoAssets Blockchain CrossBorder PaymentSystems

shared by John Kiff on 14 Aug 19 - Cached
  • John Kiff on 14 Aug 19
     
    Bantotal, a core banking service provider based in Uruguay that services over 60 different financial institutions across 14 different countries, is partnering with crypto exchange Bitex to facilitate bitcoin-based cross-border payments.
John Kiff

Crypto payments startup Bitwala raises $14.49M for global expansion - 0 views

www.theblockcrypto.com/...es-14-49m-for-global-expansion

Fintech CryptoAssets PaymentSystems CrossBorder

shared by John Kiff on 31 Jul 19 - Cached
  • John Kiff on 31 Jul 19
     
    Crypto payments and banking services provider, Bitwala, has raised EUR 13m in Series A funding. Bitwala currently offers accounts for retail customers across all 31 European Economic Area countries via Berlin-based SolarisBank.
John Kiff

Santander to Connect Latin America to Ripple-Powered Remittance Service - 0 views

www.coindesk.com/ple-powered-remittance-service

Fintech CryptoAssets AltCoins Ripple CrossBorder

shared by John Kiff on 19 Aug 19 - Cached
  • John Kiff on 19 Aug 19
     
    Santander is expanding its use of Ripple's technology. The Spanish bank is building a "payment corridor" that would let customers in Latin America send money to the U.S. instantly for free via One Pay FX, a mobile app that uses Ripple's xCurrent software.
John Kiff

Ripple Acquires its First Partner in Chile as Currency Bird Joins RippleNet - 0 views

bitcoinexchangeguide.com/-currency-bird-joins-ripplenet

Fintech CryptoAssets AltCoins Ripple CrossBorder

shared by John Kiff on 28 Jul 19 - Cached
  • John Kiff on 28 Jul 19
     
    Currency Bird is the first transfer company in Chile to join the global network of Ripple, of which recognized institutions like MoneyGram, American Express, Banco Santander, Standard Chartered Bank, and Banco Itaú are already part of.
John Kiff

XRP: Disrupting SWIFT gpi and Correspondent Banking - 0 views

xrpcommunity.blog/xrp-vs-gpi

Fintech CryptoAssets AltCoins CrossBorder Ripple SWIFT

shared by John Kiff on 12 Aug 19 - Cached
  • John Kiff on 12 Aug 19
     
    "SWIFT says that gpi is the new standard in cross-border payments. Well, after looking straight at the facts it seems that not only it is not the standard but it is far away from being that and unless they create a whole new and open network and system (which seems impossible), it will never be. The certain thing is that the banks that are in the top of SWIFT, are afraid of Ripple and they are doing everything to stop them or slow them down."
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