Tag: SWIFT
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Ripple Vs. SWIFT: xCurrent Is 90% Better – Pushing For Institutional Adoption Of XRP
Ripple has been competing with SWIFT for quite a while, and it’s basically safe to say that the San Francisco-based company is the traditional payments system’s main rival. Even though there have been many rumors claiming that Ripple and SWIFT might team up someday, Ripple made sure to dismiss them. But just recently, during a…
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Ripple’s Brad Garlinghouse Offers A Job To SWIFT’s Retiring CEO, Gottfried Leibbrandt
SWIFT’s CEO Gottfried Leibbrandt will be stepping down in June from the position that he’s occupying in the traditional payments system. During a Paris FinTech Forum 2019 that was held a few days ago, Ripple’s CEO Brad Garlinghouse kept an open offer for the SWIFT’s CEO. Potential collaboration between Ripple and SWIFT? More than that,…
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XRP, To Become The Global Standard – Ripple And R3 Are Using The Crypto To Reshape Financial Transactions
There have been a lot of moves lately made by Ripple, but also other companies as well that are supporting the mainstream adoption of the digital asset XRP. Ripple borrows a move from PayPal to support adoption The latest move made by Ripple is something similar to what PayPal had done in its early days. The intense…
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Ripple’s Digital Asset XRP’s Price Rallies After The International Monetary Fund Praises The Innovative Tech
Ripple’s digital asset saw its price surge by more than 11%. Currently, XRP is trading in the green and XRP is priced at $11.43 on CoinMarketCap. This price jump comes after the news broke that Ripple’s rival SWIFT will link to R3’s Corda Settler which makes use of a distributed ledger in order to settle…
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Euro Exim Bank Which Uses xRapid Also Plans To Use xCurrent To Pilot A Trade Finance System That Replaces SWIFT
Euro Exim Bank is the first one that uses XRP-powered xRapid, and it seems that they want to use more of Ripple’s tech. Their primary plan these days is to test a new trade finance system. Ditching SWIFT for Ripple We recently reported that they just ditched the traditional payments system SWIFT and decided to…
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Ripple And XRP Are Reportedly Set To Revolutionize Cross-Border Payments And Challenge SWIFT
These seem to be the best days of Ripple and its digital asset XRP. More and more essential names in the space recognize their success, and the latest one is the business outlet Edge Markets, based in Singapore and Malaysia. The publication just said that Ripple seems to be set to revolutionize the space of…
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Ripple Vs. SWIFT: The Main Differences Between The Two Entities Regarding Cross-Border Transactions
Ripple has recently highlighted the main differences between their payment platform and the global payment traditional network SWIFT. Ripple is its main competitor, and even if back in 2018 people were expecting the two entities to team up, Ripple has made it very clear that their plan is to overcome SWIFT and fix all its…
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Ripple Over SWIFT: Euro Exim Bank Starts Using xRapid For Cross-Border Payments After A Transaction Gets Lost On SWIFT
Ripple enjoys enhanced adoption of its products. Euro Exim Bank will use Ripple’s XRP-powered xRapid. They just announced that the technology would be fully integrated in a few weeks. They will begin using XRP for cross-border payments in Q1 2019. Powering cross-border payments across 80 countries Graham Bright, the head of compliance and operations at the…
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Ripple And SWIFT Prepare For A Bomb 2019 Debate On The Future Of Financial System
2018 was filled with lots of rumors floating in the crypto community claiming that Ripple and SWIFT will eventually team up. By the end of the year, things became crystal clear. Ripple has eventually talked about these allegations, highlighting that their plan is to compete with SWIFT and address all its flaws, eventually overtaking it. Ripple plans to…
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Ripple Vs. SWIFT: The Competition Intensifies As SWIFT Launches Solution To Challenge The Blockchain
After a lot of rumors floating in the crypto community back in 2018 which were claiming that Ripple and SWIFT will eventually team up, things became clear. Ripple addressed these allegations, highlighting that Ripple’s plan is to compete with SWIFT and address all its flaws. Ripple has been intensifying its efforts to overtake the traditional…