[ad_2][ad_1] Quick defects show the need for blockchain and cryptocurrency to take over cross-border payments. "A precise reminder of why our Ripple mission is so important," says Ripple's global strategic account manager. A recent report claims the global remittance of money, SWIFT is currently experiencing extreme delays. The situation is …
Read More »SWIFT intervenes with a Global Payment Initiative to face the Blockchain competition
[ad_2][ad_1] Recently, the International Telecommunication Interbank Telecommunication Company (SWIFT) announced the launch of its Global Payment Initiative pilot service. The integrated pre-validation payment service will focus on enabling rapid identification and elimination of errors in payment messages. At the same time, will compete with the fintech solutions provided by companies …
Read More »SWIFT is testing a new payment system for use on Fintech and Blockchain Tech
[ad_2][ad_1] The Global Interbank Financial Telecommunications Company (SWIFT) has announced its decision to launch a Global Payment Initiative (GPI) pilot service that aims to compete with the growing threat of blockchain and fintech competing solutions provided by institutions such as Ripple, JP Morgan and Transferwise. Still in its early stages, …
Read More »SWIFT launches the Blockchain payment pilot program to rival the Interbank Information Network (IIN) of JPMorgan Chase
[ad_2][ad_1] The 45-year payment provider Swift has just announced the launch of a new payment validation platform. The new platform aims to counter the growing competition from fintech companies and blockchain-based projects, lowering costs and accelerating financial transactions worldwide. fast it was founded in 1973 by a conglomerate of American …
Read More »Fake News: SWIFT does not join RippleNet
[ad_1] The potential integration between SWIFT and Ripple, which would make Ripple's products available to 4,000 new banks, is a false rumor. Lately, there has been speculation about the partnership between the global financial settlement solutions provider Ripple and the global interbank telecommunications company (SWIFT), the world's leading provider of …
Read More »Swift India enters the blockchain pilot to mitigate fraud
[ad_2][ad_1] The company Fintech MonetaGo and Swift India are currently experimenting with a blockchain-based fraud mitigation solution with a number of Indian banks. The pilot program will see banks use Swift's messaging service to pass information to and from the MonetaGo fraud mitigation network, a blockchain-based solution launched in March …
Read More »Ripple seems to work with Bank of America to replace SWIFT with Blockchain
[ad_2][ad_1] Over the last 2 years, Ripple has worked with many large fintech companies and has also earned the trust of a number of financial institutions that have adopted their xRapid system for cheaper and faster global transactions. Now, there are rumors that Bank of America and Ripple have been …
Read More »Ripple is taking control of SWIFT
[ad_2][ad_1] Ripple CEO Garlinghouse says there have been opportunities for the SWIFT partnership, but now it's time to take over. "Some of the largest Swift-enabled banks in the world are using Ripple technology," Brad Garlinghouse. XRP / USD ready for a recovery towards $ 0.55 in the short term. Ripple …
Read More »Ex-DJ sends $ 1 payment of the Sacagawea coin to Taylor Swift
[ad_2][ad_1] DENVER – A former radio DJ who was ordered to pay $ 1 symbolic to Taylor Swift for groping at a photographer, sent her a Sacagawea coin last week. David Mueller provided a letter to the Associated Press showing the payment was sent on November 28th. Mueller previously told …
Read More »SWIFT collaborates with MonetaGO to bring Blockchain to the Indian Banking System
[ad_2][ad_1] SWIFT announced a pilot program in collaboration with MonetaGo to explore the ledger technology distributed in its financial messaging service. The company's Indian subsidiary will test the technology with local customer banks that will use a shared shared accounting network designed to improve the efficiency and security of their …
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