PNC Bank, a top ten bank in the United States, has joined RippleNet. PNC customers will be able to receive real-time cross-border payments. With more than 8 million customers and retail branches in 19 states, PNC has a diverse set of customers, including consumers, small businesses and large corporates. Ripple’s technology will have an immediate impact … Continued
An over 400 percent increase in remittance inflows over the last ten years has sparked new demand for faster, low-cost global payments. Driven by emerging market economies, remittances around the world totalled over 600 billion dollars last year. Across these same regions small- and medium-enterprises (SMEs), propelled by global payment flows, were responsible for for … Continued
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Ripple is pleased to announce the release of XRP Ledger (rippled) version 1.1.0. The XRP Ledger version 1.1.0 release includes the DepositPreAuth Amendment, which, combined with the previously released DepositAuth Amendment, allows users to pre-authorize incoming transactions to accounts, by whitelisting sender addresses. XRP Ledger version 1.1.0 release also includes incremental improvements to several previously … Continued
For the last ten years the Kingdom of Saudi Arabia has been one of the largest sources of remittances in the world. According to the World Bank, 308 million dollars were sent into the KSA, and 37 billion dollars in remittances were sent from the country in 2016. This massive market is primarily comprised of … Continued
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Since the dawn of time, humans have followed opportunity to provide for their families. Today, that means workers striking out from their home countries to find higher paying jobs elsewhere in the world. In 2017, a record 1.28 million foreigners were working in Japan alone. Many of these workers are a primary source of income … Continued
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Swell by Ripple is the only event today where blockchain, finance and policy converge — a meeting ground for more than five hundred industry experts committed to changing the way money moves around the world. Swell’s provocative program kicks off on day one with a keynote by President Bill Clinton. Leaders from global banks, including … Continued
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While global business may move at the speed of the web, international payments instead seem to move like smoke signals. This is because the world’s payments infrastructure hasn’t changed since the heady days of disco, nearly four decades ago. Especially for teams at small and medium enterprises (SMEs), this disconnect between the hustle of business … Continued
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Join us for a lively discussion between CEO Brad Garlinghouse and Chief Market Strategist Cory Johnson. Brad and Cory will cover a variety of topics and will take submitted questions from the audience.
A recording and transcript of their conversatio…
The topic of decentralization in blockchain is wildly nuanced, misunderstood and, frankly, evolving. Bitcoin and Ethereum are currently viewed as the gold standard for decentralization — meaning they are architected in a way that no single individual or minority group can dictate rules or rewrite transaction history (the power of blockchain!). Since these blockchains are … Continued