[ad_2][ad_1] The National Bank of Kuwait (NBK) has launched a cross-border remittance product based on RippleNet's blockchain technology, according to an announcement published on December 27th. Founded in 1952, the NBK is the largest financial institution in terms of business in Kuwait. According to the bank's 2017 annual report, NBK …
Read More »Blockchain cross-border payment service launched by the National Bank of Kuwait – BlockTribune
[ad_2][ad_1] Blockchain cross-border payment service launched by the National Bank of Kuwait Blockchain, News | December 27, 2018 br> By: David Pimentel The National Bank of Kuwait (NBK) has launched a new blockchain-based service for instant money transfers. The NBK was established in 1952 as the first local bank and …
Read More »Fast changes to cross-border gifting open a door for blockchain
[ad_2][ad_1] Gifting is becoming more and more diverse, leading to a role for a distributed ledger to streamline the user experience and bolster incentive marketing. Swish will be a blockchain from the Stellar Network in several phases over the next year. It will be a new option for cross-border gifting, …
Read More »Ripple technology to help Turkish and Israeli startups make cross-border credit transfers, price stall continues while Litecoin exceeds the BCH box currency
[ad_2][ad_1] Stablecoin continues its enigma: bitUSD enters "global settlement" BitUSD, the stablecoin with USD pegging of the BitShares project, has recently entered globally for the first time since it was released in 2014. The global solution is a situation in which users are no longer able to borrow bitUSD from …
Read More »United Arab Emirates and Saudi Arabia process cross-border payments on blockchain – FinTech Futures
[ad_2][ad_1] The United Arab Emirates and Saudi Arabia have launched a proof of concept (PoC) to test the blockchain to help cross-border payments between the two countries. Ripple involved? The Central Bank of the United Arab Emirates (CBUAE) and the Monetary Authority of Saudi Arabia (SAMA) are behind the new …
Read More »RippleNet taps from RippleNet, a company that is a member of EAU, launch cross-border payments
[ad_2][ad_1] RippleNet, Ripple's blockchain-based global payment network, is set to increase its engagement in the Middle East with a remittance company based in the United Arab Emirates destined to unveil cross-border payments using technology. According to Reuters, the UAE Exchange issuers company will distribute RippleNet cross-border remittance services to Asia …
Read More »Ripple states that the industry needs XRP, after the latest reports showing delays and massive SWIFT errors for cross-border payments
[ad_2][ad_1] Another day, another move in the Ripple vs. competition. SWIFT. Now, it was Ripple's turn to make a move and say why it's better than SWIFT. Ripple vs. SWIFT Ripple explains that a new report on extended payment delays and errors in the traditional SWIFT global payment network shows …
Read More »The new report reveals that SWIFT cross-border payments are problematic and rippling (XRP) could be the solution
[ad_2][ad_1] Ripple highlighted a new report published by the guardian which is based on a series of delays and errors that the traditional SWIFT global payments network has become accustomed to. According to Ripple's global strategic account leader, Marcus Treacher said the Guardian article is a stark reminder of the …
Read More »American Express praises the waves for cross-border payments, calls Blockchain Technology is very promising & # 39;
[ad_2][ad_1] American Express (Amex), the multinational financial services company known among the Crypto community for their growing interest in blockchain technology, is again present with positive comments on blockchain technology and praising Ripple. During the Wings of Change Europe conference, Carlos Carriedo, director general of corporate payments at American Express, …
Read More »Ripple's cross-border transaction capacity with XRP in "Seconds" attracts American Express applause
[ad_2][ad_1] Ripple has innovated in the encrypted world since it started. The celebrities were part of the clamor to show potential users the benefits of their fast cross-border payments, helping the XRP token to become one of the most essential circuits in the entire industry. As they did for the …
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