Cross Border Payments

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances
Cross Border Payments

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Orient Commercial Joint Stock Bank (OCB), a large Vietnamese bank with assets worth $4.6 billion, has joined RippleNet as a strategic partner after a 10-month wait.

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week
Cross Border Payments

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments
Cross Border Payments

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments

Ripple’s third annual Blockchain in Payments report identified that blockchain adoption is key to successful growth strategies for financial institutions.

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank
Cross Border Payments

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

The partnership between Standard Chartered Bank, bKash of Bangladesh, and Valyou of Malaysia has given Bangladesh its first blockchain-based cross-border remittance service.

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies
Cross Border Payments

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption
Cross Border Payments

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance
Cross Border Payments

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.

RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership
Cross Border Payments

RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership

Thailand-based fintech company DeeMoney has joined RippleNet to process more efficient money transfers with competitive rates and low fees for all of Asia.

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies
Cross Border Payments

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies

Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments
Cross Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

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