Monday, September 16, 2019
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Banking Giant PNC to Deploy RippleNet for Cross-Border Payments

PNC Treasury Measurement revealed that it was going to employ RippleNet’s blockchain technology for processing its cross-border payments.PNC, one of the leading banks in the U.S., has partnered with the major crypto firm Ripple, which specializes in cross-border payment and operates the Ripple (XRP)trade cryptocurrency, to enable the bank building

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

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.Fintech Futures reported on Aug. 29 that PNC Treasury Management is now offering RippleNet-based cross-border payments solutions to its commercial clients,

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Xendpay Joins RippleNet to Expand Global Money Transfer Services

Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions.Going beyond the U.S. dollarRipple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of

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Chile-Based Remittance and Payment Firm CurrencyBird Joins RippleNet

Chile-based peer-to-peer remittance company CurrencyBird has joined RippleNet, Ripple’s global blockchain-based network of payment providers, according to an announcement published on July 25.CurrencyBird has thus ostensibly become the first Chilean payments company to join RippleNet, a network of institutional payment-providers such as banks and money services businesses that use

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Major Omani Bank Joins RippleNet Cross-Border Payment Network

Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16.RippleNet is a global blockchain-based payment network of institutional payment providers, that was

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Payment Network RippleNet Exceeds 200 Customers, Garlinghouse Highlights Fiat Volatility

Crypto and blockchain company Ripple has reported today, Jan. 8, that 13 new financial institutions have signed up for the RippleNet payment network, bringing the total number of customers over 200.The new institutions range from locations including Sweden, England and Kuwait, with 40 countries in total across all customers. Ripple’s

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Israel: Financial Services Firm GMT Joins RippleNet

Israel-based financial services firm GMT has joined Ripple's bank and payment provider network, the company confirmed in a recent press release.The result of a “long and precise process,” the move reportedly will help the company remain “at the forefront” of the local finance industry.Ripple, which operates blockchain-based financial products using

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Google Expert Developer Joins Ripple to Lead Crypto-Powered Payments Network RippleNet

Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26.The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi is leaving his position at

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UK Foreign Exchange Firm Joins Ripple Blockchain RippleNet

Moneynetint, a UK-based provider of foreign exchange services for the corporate sector has integrated and deployed decentralized payments using Ripple blockchain network RippleNet. Based in London with a focus on payment services for corporate clients, Moneynetint revealed an ongoing collaboration with San Francisco-based blockchain industry giant Ripple on Tuesday. The payments platform,

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