Over the last ten years, changes wrought from the 2008 financial crisis along with a marked increase in fraud and terrorism funding concerns, have consolidated the world’s system of correspondent banking. Despite positive macro-economic trends and an increasingly interconnected commerce sector, de-risking efforts at large financial institutions have shrunk...
At Ripple, we want to see digital assets used in a way that goes beyond making payments faster for businesses. We want to see the technology used to create a positive change in the world. The Ripple mission of establishing an Internet of Value depends on the reaching two critical...
Santander recently released OnePay FX — the first mobile application for international payments powered by blockchain technology. Millions of Santander’s customers in Europe now have access to same day, cross-border payments, a critical improvement from the three to five days it traditionally takes to send money internationally. But the success...
Science fiction films and television shows are packed with mouthwatering examples of futuristic technology. Warp speed travel on the USS Enterprise, Stormtroopers riding speeder bikes on the planet Endor, psychic crime prevention systems employed by PreCrime, and intelligent androids aboard the USCSS Prometheus, just to name a few. But most...
Tour de Schwartz is coming to a close this week in Asia. Highlights included: David Schwartz’s keynote at Deconomy in Seoul, where he addressed a packed house, and his participation in an exclusive, innovation-focused panel discussion hosted by the Founders Forum in Hong Kong. Yet, some of the most revealing...
The Financial Times defines liquidity within a transaction as how easy it is to perform an exchange in a particular security or instrument, or the ease of converting an instrument into cash for withdrawal. This takes into account the stability and price of each instrument over the course of...
It was standing room only inside the Money20/20 Asia fireside chat “A New Payments System for the Digital Age” — as Ripple CEO Brad Garlinghouse shared the stage with panel chair Faisal Khan — and outlined his vision for the future of Ripple, XRP and the Internet of Value. Seats...
The establishment of an Internet of Value — where money can move like information —  will be the ultimate culmination of Ripple’s story. It’s a story we’re writing every day using blockchain powered solutions that changes how money moves around the world. Financial institutions are increasingly looking to be a part...
Ripple is pleased to announce that Cory Johnson has joined Ripple as chief market strategist. Johnson will work closely with the rest of the executive team managing the company’s growth and telling Ripple’s story to regulators, Wall Street and global financial markets. Few reporters have the skill set and credibility...
“Instant payments are here! Instant payments are here!” Beyond a classic Steve Martin reference, the claim of instant payments is humorous in its own way. For while sending money via Venmo and other payment apps might seem instantaneous, it is anything but. Try transferring money from your Venmo account into your...