World Economic Forum Report: The Rise of Non-Traditional Payment Systems

As part of the report’s key findings for payments, the WEF concluded that the greatest potential for “decentralized and non-traditional payment schemes” such as distributed ledgers “may be to radically streamline the transfer of value, rather than as store of value”—thus creating “competitive pressure for the value transfer rails to become faster, cheaper and more borderless.”

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The Future of Payments with Mark Hartley

“It’s faster to send money overseas through a FedEx envelope than international wire.” —Ripple Labs Head of Business Development Patrick Griffin, speaking at the SAP Financial Services Forum in London, June 24, 2015. It may be hard to believe, but this incredible comparison is a fact in the current state of money transfers worldwide. Fintech … Continued

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The True Cost of Moving Money

At this point, there’s an agreed upon consensus that the core infrastructure by which we move money around the world needs a serious upgrade.

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