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Over the past eighteen months, there has been a severe uptick in companies trying to use Ripple’s technology. This will lead to some pretty interesting use cases, assuming the underlying technology will perform as advertised. Western Union has confirmed they will begin testing Ripple in USD and MXN corridors fairly soon. Another Notch in the … Read more
A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal. Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The … Read more
Ether is slightly moving down on Friday, Dec 21, trading at $117.18, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Technically, an upward correction is coming. Previously, the price made a new low, although not a key one, then it converged and broke out the previous descending channel resistance. On H4, the ascending trend reached 23.60% … Read more
A Western Union exec says company is technologically ready for “any kind of currency,” potentially including crypto Go to Source Powered by WPeMatico
Naysayers who say crypto will never take off happily reel off a number of problems the industry faces. But history shows that everything from cash to coins survived similar issues #SPONSORED Go to Source Powered by WPeMatico
The financial industry has been one that has embraced blockchain technology, with many leading global banks investing in their own private blockchains as well as industry collaborations. The degree to which such ventures have succeeded has varied among banks, with some like Santander stating that their blockchain initiatives have been very successful. Others have been … Read more
Ripple is making a lot of inroads in the financial sector. Service providers and banks all over the world are showing a keen interest in its technology and native XRP asset. However, there are some concerns with XRP which few people had taken into account at first. Western Union CEO Hikmet Ersek isn’t too impressed in … Read more
The world’s largest money transfer company Western Union will not add a cryptocurrency transfer solution to its services soon Go to Source Powered by WPeMatico
During the Western Union Consumer Protection & Compliance Conference 2013 on 16th-18th of September, its executives gave a presentation that said it wasn’t yet suitable for international money transfer. Go to Source Powered by WPeMatico
The Japanese Bank Consortium plans to release this fall a domestic instant payment app based on Ripple’s technology #NEWS Go to Source Powered by WPeMatico
