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xCurrent


MoneyTap, a consumer-focused blockchain money transfer app built by SBI Holdings and Ripple, has now gone live. Announced by Ripple in a tweet Thursday, the remittance app is the product of SBI Ripple Asia and several participating banks. A new website for the product has also been launched indicating that the app is able to make bank-to-bank …

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American banking giant PNC has joined the growing number of financial institutions using payments products from blockchain startup Ripple. The bank’s Treasury Management division will begin accepting cross-border transactions using the firm’s xCurrent product, Ripple’s senior vice president, Asheesh Birla, told CoinDesk Wednesday. One of the top-10 largest banks by assets held in the U.S., …

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The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights as the trio continues to advance blockchain solutions to foster secure, high-speed cross-border payments. In a recent job posting on the American Express careers board, a clear reference was made to the partnership as …

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South Korean cryptocurrency exchange Coinone is turning to Ripple’s enterprise blockchain network for cross-border payments. Coinone Transfer, a subsidiary of the exchange that focuses on remittances, joined RippleNet on Monday, making it the first exchange in the nation to do so. The exchange will be using xCurrent, Ripple’s enterprise blockchain solution for cross-border payments that enables end-to-end tracking, a press release …

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Distributed ledger startup Ripple has today announced new partnerships with five banking and money transfer institutions across four different countries. Going forward, the two banks – Itaú Unibanco from Brazil and IndusInd from India – along with money remittance companies InstaReM from Singapore, Beetech from Brazil and Zip Remit from Canada, will be adopting different …

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Chinese payment provider LianLian is joining RippleNet, the payment network that uses Ripple’s blockchain technology to facilitate cross-border transactions. Announced on Feb. 7, the news will see LianLian Pay adopting Ripple’s xCurrent solution in an effort to bring same-day, cross-border transactions onto a blockchain for its existing customers. The product differs from Ripple’s xRapid solution, …

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Ripple has landed its largest client yet, with Santander Bank’s U.K. division announcing a mobile app powered by the company’s distributed ledger on Friday. The bank had been piloting the app for 18 months with its employees, integrating Apple Pay for payments between £10 and £10,000 ($14 and $14,000), according to Finextra. The app will …

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