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Ripple registers On Demand trademark in UAE
Ripple’s ODL (Ripple On Demand) trademark has been officially registered in the UAE with the Ministry of Economy in Dubai. This announcement was made by XRP community members @RipplePandaXRP and @WKahneman who posted tweets. According to the tweeRead More »Ripple ends 2020 in hot water
Ripple is being bombarded not only by the USA Securities and Exchange Commission which has filed a court case against Ripple accuding it of raising $1.3 billion through the sale of unlicenses digital asset securities, which breaches the investor protecRead More »Blockchain payments company Ripple chooses UAE for regional headquarters
Ripple, Blockchain global payments provider has etablished its regional headquarters in Dubai International Financial Centre (DIFC). According to DIFC press release, “Ripple has chosen DIFC for its innovative regulations, expansive network and reputatiRead More »Ripple, India working to adopt digital asset policy like UAE, Singapore
In a recent insight report carried out by Ripple, it stated that India is at an inflection point in fintech innovation. The country’s government and policymakers have the opportunity to foster responsible adoption of new digital asset and blockchain teRead More »UAE National Bank of Fujairah officially partners with Ripple
National Bank of Fujairah PJSC (NBF) has officially partnered with Ripple, a leading enterprise blockchain company,to enact easy and seamless cross-border payments through the RippleNet platform. Through this blockchain solution, the bank’s customers wRead More »RakBank partners with Philippines BDO Bank for remittance using Ripple
RAKBANK recently enhanced its current remittance footprint in the Philippines by partnering with BDO Unibank, a full-service universal bank in the Philippines. The Bank’s RAKMoneyTransfer (RMT) services will now enable customers to make instant, fRead More »Scorechain releases Ripple XRP Risk Solution and Anti-Money Laundering Software
The Luxembourg-based crypto AML company Scorechain successfully released transaction screening and analytics software for the Ripple Blockchain, XRPL (XRP Ledger). Companies using the Risk solution can now monitor XRP alongside Bitcoin, Ethereum &Read More »Egypt’s Al Ahli Bank signs agreement with Ripple for remittance and payments
In a news report published by Youm7 in Egypt, it was announced the Egyptian Al Ahli Bank has signed an agreement with Blockchain solution provider Ripple to provide new platform for remittance transfers for Egyptians.The signing agreement was attendedRead More »Ripple Makes Investment in MoneyGram Equity
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, announced that Ripple, a provider of enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple’s original $50 million equity investment commitment made earlier this year. Ripple purchased the newly-issued equity from MoneyGram at $4.10 per share, which represents a significant premium to MoneyGram’s current market price. This funding will support MoneyGram’s operations as the company continues to increase volume and use of On-Demand Liquidity, Ripple’s product that leverages the digital asset XRP to send money globally, instantly and reliably for fractions of a penny.Read More »Ripple Announces More Than 300 Customers
According to BusinessWire, Ripple, a blockchain solution for international payments, announced that it has over 300 customers with a growing transaction rate. This jump in costumers and consistent growth is reportedly due to On-Demand Liquidity (ORead More »Ripple partners with Finastra on Cross Border Payments
Ripple, the enterprise blockchain solution for global payments, and Finastra have teamed up to offer Ripple’s blockchain technology through Finastra’s payments solutions to support fast cross-border payments. As part of the collaboration, FinRead More »UAE Exchange and Unimoni Join Ripple’s Payments Network
Finablr, a global platform for Payments and Foreign Exchange solutions, today announced that its network brands UAE Exchange and Unimoni are now on RippleNet. The brands will use the blockchain-based platform provided by Ripple for real-time, seamlessRead More »NBK launches “NBK Direct Remit” for immediate cross-border transactions using RippleNet
Upholding its leadership position in Kuwait, National Bank of Kuwait (NBK) continues to offer the latest technological solutions in the sector of money transfers and has become the first financial institution in the country to launch the “NBK Direct ReRead More »Finablr’s UAE Exchange, Ripple to begin blockchain payments by first quarter
United Arab Emirates-based UAE Exchange and U.S. startup Ripple plan to launch cross-border remittances to Asia via blockchain by the first quarter of 2019, UAE Exchange’s group CEO said in an interview.Asia was one of the biggest recipients of the rouRead More »KSA final stages of stable cryptocurrency project out in mid-2019
The KSA Ministry of ICT and telecom is implementing a Blockchain strategy to help grow GDPRead More »Japan Payment Card Consortium Launches Blockchain PoC on Sharing Fraud Information
SBI Ripple Asia, serving as the secretariat of the “Consortium of Payment Card Industry Utilizing Block Chain Technology” announces the beginning of a proof of concept (PoC) on sharing fraud information using blockchain technology together with nine maRead More »CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN
CIMB Group, ASEAN’s fifth largest bank, and Ripple have entered into a strategic collaboration to enable instant cross-border payments across CIMB’s markets. On the back of this partnership, CIMB will join RippleNet and connect with other RipRead More »Japan’s MUFG Bank Signs MoU for Ripple-Based Remittances to Brazil
MUFG Bank, and its wholly owned subsidiary, Banco MUFG Brasil S.A., announced the signing of a Memorandum of Understanding (MOU) with Banco Bradesco S.A. to collaborate on a new cross-border payment service.MUFG Bank is the principal banking unit of MiRead More »Ripple to open office in Dubai
Ripple’s Global Head of Infrastructure Innovation, Dilip Rao, recently appeared at a conference in Dubai to speak about Ripple’s plans to enter the Middle East.Rao revealed that Ripple was going to be setting up an office in Dubai “before the end of thRead More »Moneynetint and Ripple collaborate to withhold Bank Involvement in International Money Transfer
Moneynetint, UK based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the world, announced that it had completed the integration phase with Ripple, which offers blockchain soRead More »RAKBANK offers customers the facility to remit money instantly to Sri Lanka using Blockchain
In line with RAKBANK’s strategy to strengthen its cross border payment solutions, the Bank signed an agreement with Sri Lanka’s Cargills Bank. Further leveraging the partnership with Ripple, RAKBANK’s RAKMoneyTransfer (RMT) services enables customers tRead More »Ripple Announces Ripple for Good, Social Giving Will Top $100 Million
Ripple, provider of the leading enterprise blockchain solutions for payments, announced its formal social impact program, Ripple for Good. Ripple for Good will focus on projects related to education and financial inclusion. Building on the momentum ofRead More »Kuwait Finance House tests Blockchain cross border payment with KSA
It seems more and more banks are getting onto the bandwagon of Blockchain. In August the Kuwait Finance House confirmed that it successfully completed its first cross-border transaction using Ripple Technology. To date Ripple has signed on banks in KSARead More »PNC Treasury Management Joins RippleNet
Ripple, provider of the leading enterprise blockchain solutions for payments, and PNC Bank announced that PNC Treasury Management is now a member of RippleNet. PNC’s commercial clients soon will be able to receive real-time cross border payments via RiRead More »Global Fintech & Financial Leaders coming to Abu Dhabi
16th September is Bootcamp Day for FinTech firms and 17th September is the official Summit Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi, announced that its second edition of the FinTech Abu Dhabi SummitRead More »