Image: Shutterstock Ripple recently gathered over two dozen central banks from around the world to explore how new technologies enable the next generation of payments. The Central Bank Summit on ...
We’ve said it before and we’ll say it again: The future is here. Blockchain is no longer just a buzzword, but a leading solution for sending global payments. In fact, ...
If you attended Swell in mid-October, one thing was clear: This was far from a typical banking event. The inviting atmosphere put attendees at ease, prompting them to speak candidly ...
In order to continually improve the health of XRP markets globally, we share regular updates on the state of the market including quarterly sales, commentary on previous quarter market developments ...
The second day of Swell came to a close on Tuesday, and even though the first day of programming set a high bar, the second day set a new standard. ...
The first day of Swell concluded on October 15, and the program delivered on its promise to facilitate meaningful conversations about the future of digital assets, as well as the ...
Many of the world’s poor in developing countries — nearly 2 billion, according to the World Bank — struggle to lift themselves out of poverty simply because they don’t have ...
The team at Ripple couldn’t be more excited for Swell — a high-impact blockchain program that brings leaders in banking and blockchain technology together in a three-day confab. On the ...
Starting today, Ripple will offer a unique reward for financial institutions that are the first in their markets to process and promote commercial payments on RippleNet. The reward will come ...
Now more than 100 financial institutions use the power of Ripple’s blockchain technology for global payments.
Like all digital assets, XRP is often a source of confusion, mystery and speculation. So, let’s clear the picture with 9 things you need to know about XRP.
Ripple is excited to announce we have opened a new office in Singapore.
SBI Ripple Asia has today signed a partnership agreement with DAYLI Intelligence, to bring Ripple’s enterprise blockchain solutions for cross-border payments to the South Korean market.
We are excited to announce that Ripple has expanded further with a new office in Mumbai, India.
We are pleased to share that XRP has become available to a broader customer base via Bitcoin IRA’s retirement accounts and Kingdom Trust’s custodial services.
Ripple announces the appointment of Former State Department Official Anja Manuel to the Board of Directors.
Introducing Swell by Ripple.
We're articulating how our products are coming together (and growing) to support one, single vision.
The Federal Reserve released its Faster Payments Task Force’s action plan for bringing faster payments to the US, highlighting Ripple’s ability to underpin the next generation of cross-border payments.
Quarterly update on the state of the XRP market including quarterly sales, commentary on previous quarter price movements and related company announcements.
We are excited to announce that the XRP Ledger ecosystem has expanded to 55 validator nodes, an increase of 120 percent since May.
We are happy to announce that the Japan bank consortium now includes 61 members, representing over 80% of total assets in Japan.
The BoE says that “the PoC was a useful exercise to develop the Bank’s understanding of synchronisation and possible technical solutions.”
Those who use SBI Remit in Japan can instantly send money in JPY to a recipient’s SCB savings account in Thailand and receive funds in seconds.
By working with a greater number of exchanges across different countries to list XRP, we can better serve the growing demand for global payments in both major currency corridors and ...
We are permanently removing that uncertainty by committing to place 55 billion XRP into a cryptographically-secured escrow account by the end of 2017.
Ripple shares strategy to further decentralize Ripple Consensus Ledger.
Ripple is proud to announce the addition of 10 new customers to our growing global network.
Ripple shares Q1 Markets Report.
Ripple is thrilled to announce the addition of a new team member, Marjan Delatinne, who will join us as the Sales Director of Europe, from SWIFT.
Introducing several new features that improve the Ripple Consensus Ledger (RCL) and Interledger Protocol (ILP), bringing the Internet of Value to life.
MUFG’s banking arm The Bank of Tokyo-Mitsubishi UFJ (BTMU), the third largest bank in the world and largest bank in Japan, publicly announced today that it is joining Ripple’s Global ...
The Bank of England conducting a PoC with Ripple to demonstrate cross-border payments and settlement using two different Real Time Gross Settlement (RTGS) systems.
Hundreds of international financiers, business leaders and policymakers from around the world gathered in Bahrain to discuss the future of financing at last week’s sixth annual GCC Financial Forum.
Quantify benefits of blockchain and distributed ledger technology for transaction banks in payment processing, treasury operations and reconciliation costs.
SBI Ripple Asia announced today that a consortium of 47 banks have successfully completed a pilot implementation of Ripple in Japan using a cloud-based payments platform.
Image: Shutterstock 2016 was an important year for Ripple. Banks were added to our growing network, we completed a successful Series B investment round and formed the Global Payments Steering ...
Ripple is pleased to announce that Ken Kurson, Editor in Chief at Observer Media, has joined its Board of Directors.
Image: Shutterstock Last month, we announced that XRP/USD and XRP/EUR trading pairs are available on Bitstamp, the EU’s first fully regulated digital asset exchange. As of today, XRP/BTC is also ...
BitGo and Ripple join forces to make it easier for businesses to use XRP for global payments.
Conversation centered on if banks and fintechs can continue evolution in partnership, or if the current level of competition drives an adversarial outcome.
Through Ripple, NBAD customers have an efficient, secure and reliable channel to make immediate international remittances and payments.
We are pleased to share the news that our Head of Regulatory Relations Ryan Zagone has been included in this year’s BAFT Future Leaders Program.
Ripple社はRipple Consensus Ledger (RCL)に固有のデジタル資産であるXRPについて、日々様々な質問を受けます。分散型台帳技術やデジタル資産、またコンセンサスの仕組みは非常に複雑なテーマであることをRipple社は認識しており、そのため、XRPが仕組みやグローバル金融システムにおけるXRPの価値についての質問等には常に積極的に回答しています。
In a recent announcement, SWIFT has expressed interest in DLT as part of a proof of concept within the GPI initiative. The empire is striking back.
Specifically, XRP/EUR and XRP/USD trading pairs will be available for trading on its exchange beginning January 17, 2017.
BCG reports confidently that “banking incumbents still have the potential to become digital maestros.”
The financial world is ready to accept the unique benefits of blockchain-based solutions for cross-border payments and other use cases.
Image: Shutterstock FlashFX announces the launch of a brand new foreign exchange payments solution to improve foreign exchange in Australia. Built on Ripple and using its digital currency XRP for liquidity, ...
At the end of 2015, balances in transactional accounts exceeded $27 trillion, which McKinsey declares their highest level ever.
The report makes a specific point regarding the need for an industry standard to interoperate parts of the existing structure with distributed ledger tech.
Ripple is proud to announce another addition to our team: Miguel Vias, head of XRP markets.
Two of Ripple’s clients have been recognized for their bold and innovative work in bringing banking in line with customer expectation in an era of on-demand services.
As each of these messaging and payment systems evolves, the struggle for a future-proof network only becomes more important.
Today, Ripple unveiled a new and improved RippleCharts, with a more holistic representation of total trading volume. The most important enhancement is the inclusion of new markets such as Poloniex, ...
As regulations shift to open up the market, banks will have to do something they have not done in a long time: compete.
Though the hype is thick, the truth is that the best use cases for blockchain are already in production.
I’m more excited about Ripple than I’ve ever been about anything else in fintech. And, I’m more excited now about Ripple’s opportunity than ever before.
Ripple is excited to announce that Coincheck, one of the leading digital asset exchanges in Japan, has listed XRP. By expanding access to buy, sell and trade XRP, exchanges like ...
12 banks belonging to a consortium led by R3 are trialing Ripple’s native digital asset, XRP, to reduce the costs of cross-border payments.
The future of the RTGS system in the U.K. depends on the decisions made in the coming years that will support interoperability and scalability required in a world of real-time ...
The McKinsey 2016 Global Payments Report discusses the major trends for transaction banking and the role of digital innovation in payments.
In February, Ripple formalized its partnership with Crypto Facilities, a London-based financial services firm that provides FCA-regulated risk management and trading solutions for digital assets. Today, Ripple is excited to ...
Findings reveal that corporate treasurers face operation issues in four key areas: cash and liquidity management, forecasting and analytics, risk and compliance, and cost and operational efficiency.
The Whitechapel report evaluated pain points within the payments industry to identify which could improve from implementing distributed ledger technology.
Collaboration has become the watchword in all conversations about banks and fintech in the last few years.
In these videos from Sibos, clients share how they are using Ripple for global real-time settlement.
Standard Chartered and CGI both shared news on day two of Sibos on how they’re working to facilitate the Internet of Value: laying the foundations for a seamless global payments ...
Marcus Treacher has joined the CHAPS Board to accelerate its innovation agenda and promote fairer access among Indirect Participants.
For those attending Sibos we have a list of events featuring Ripple!
Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada are the founding members of the network, known as the Global Payments Steering ...
Money is not interoperable, globally. It takes days to move value from network to network and costs the world over $2 trillion a year to move that value, and blocks ...
Standard Chartered, Westpac, National Australia Bank (NAB), Mizuho Financial Group (MHFG), BMO Financial Group, Siam Commercial Bank and Shanghai Huarui Bank are now among the global banks that have adopted ...
The funding round includes participation from Standard Chartered, Accenture, SCB Digital Ventures and SBI Holdings.
The consortium emphasized that the new payments platform will enable round-the-clock settlement at a significant savings to both banks and consumers.
By building a network of networks using distributed financial technology, Ripple plays a central role in enabling development of the Internet of Value. Ripple’s digital asset, known as XRP, acts ...
WEF defines in no uncertain terms that the benefits of widespread adoption of DLT are essential to the financial infrastructure of the future; immutability, transparency, and autonomy are “transformative characteristics ...
Vocalink suggests that even this limited exposure to a payments system that is never down has reconditioned customers’ expectations of banking across Europe.
Using Ripple as an example of a platform that could enable not only cost-cutting but also increased revenues, Credit Suisse cited McKinsey, affirming cross-border payments as one of the most ...
This year, Sibos is focused on “transforming the landscape” — a goal that Ripple shares with the entire fintech community.
Bain argues that adoption and implications of DLT “will create winners and losers within the banking industry.”
Mizuho will use Ripple’s technology to address the most common pain points in cross-border payments: high costs and settlement delay.
Recently, ATB Financial — a $43 billion-asset bank based in Canada — sent $1,000 to Reisebank in Germany in only eight seconds, using the Ripple protocol.
The report names Ripple and XRP as a more efficient and scalable network for value transfer than other technologies of the same kind, specifically for real-time settlement
As the only provider of enterprise blockchain solutions, Ripple’s growing, global network includes 12 of the top 50 global banks, ten banks in commercial deal phases, and over 30 bank ...
Prime Minister Xavier Bettel of Luxembourg, left, with Chris Larsen, Ripple co-founder and CEO, and Karen Gifford, Special Advisor for Global Regulatory Affairs for Ripple. Just a few months after the ...
Bottom line: the fifth largest bank in the U.S. believes that blockchain tech will save banks and other businesses billions of dollars every year.
Like many countries, Japan is examining the possibilities that blockchain technology can offer more efficient infrastructure in payments, real-time settlement and an increased number of financial actors as the Internet ...
Ripple engaged with New York’s Department of Financial Services and today received a “BitLicense” to sell and custody XRP.
Today Santander announced that they are the first U.K. bank to introduce Ripple’s blockchain technology to facilitate international payments through a new app. They are rolling it out as a ...
The solution to the problem of siloed networks is ILP. ILP has no ledgers of its own; it’s a protocol suite for interoperability between ledgers.
Despite the proliferation of distributed ledger solutions for many types of transactions, interoperability is still the holy grail of banking.
Consensus 2016 saw keynote addresses and panel discussions on applications for blockchain or distributed ledger technology in cross-border payments.
Ripple is pleased to share the news that our VP of Global Sales and Client Relations Nilesh Dusane is part of the very first BAFT Future Leaders Program.
Ripple and CGI are pleased to announce the successful integration of Ripple’s distributed financial technology into CGI’s payments portfolio. CGI’s Ripple-enabled Intelligent Gateway is one of the first solutions ...
Ripple CEO Chris Larsen will be part of a panel that addresses the slow, uncertain, and costly nature of our current cross-border payment system. With The Bancorp’s Cheryl Gurz and ...
This new experiment, led by Professor Alex "Sandy" Pentland and Managing Director David Shrier, will take MIT’s experiential research approach to blockchain and provide new opportunities to test and deploy ...
Based in our London office, Marcus Treacher will apply his extensive background in payments and banking infrastructure to help implement and commercialize Ripple’s distributed financial technology on a global scale.
The 12-week online class is an exciting opportunity for financial services, insurance, or banking professionals as well as entrepreneurs around the world who want to access the world-class education associated ...
The most successful firms will be those that take advantage of these opportunities to harness fintech and the blockchain revolution.
Ripple’s partnership with Crypto Facilities plays a key role as we commercialize XRP for institutional use cases.
In an industry first ROI analysis, we find that Ripple can save banks up to 60 percent in costs associated with global interbank settlements.
In the past, we’ve seen sweeping regulatory action whenever those consequences are costly on a global scale. However, despite legislative requirements, big mistakes have their roots in the ethical quandaries ...
The biggest common thread at #TBCCSF 2016 was a need for collaboration toward a scalable industry standard for blockchain technology to fundamentally change the way the world moves money.
One year after creating the Faster Payments Task Force, the Fed has released its first official progress report.
We’d like to invite you to join us for the first face-to-face meeting of the Interledger community.
Ripple announced its deal with SBI Holdings late Thursday night—which, frankly, has all of us here very, very excited.
Last night, the Bank of England hosted a dinner where they announced their new real-time gross settlement initiative.
As we build the Internet of Value, we at Ripple study the way the world changed when information began to move faster than ever before, and we plan for a ...
The DTCC balances blockchain hype with its latest white paper on the potential of distributed financial technology.
The Internet of Value is a key puzzle piece for opening up the scope of where our economy is going.
The International Monetary Fund believes distributed ledger technology can have a profound impact on the global economy.
Vermont has taken an about-face on blockchain technology concluding that the costs outweigh the benefits.
The former Bitcoin Core developer was unequivocal in a scathing blog post published earlier today.
Clients can access a network of over 60 countries through Earthport’s API, which facilitates near-instant and cost-effective transfers in fiat currencies.
Wired has a great piece on the Interledger Protocol (ILP), a protocol for transferring value between any two ledgers.
It’s easier to become a payments company than to deal with antiquated card and payments systems.
Ripple’s CEO and co-founder Chris Larsen will participate in the event as a 2015 WEF Technology Pioneer, representing distributed financial technologies.
A variety of players in the financial ecosystem are exploring and adopting more use cases for distributed financial technology.
Capgemini has published its incredibly comprehensive World Payments Report 2015, which does a good job of highlighting many of the themes we’ve seen popping up all year.
Ripple partner Accenture published a brief report based on investment data from global venture finance analytics firm CB Insights last week.
The world's biggest banks are retreating from cross-border payments for one simple reason.
Euromoney has a great primer on the impact of distributed ledger technology, penned by Peter Lee.
Banks could generate $380 billion in annual revenues by leveraging financial inclusion opportunities in emerging markets in five years, according to a report by Accenture.
The world’s infrastructure for facilitating global payments is in decline, according to the latest report from the Financial Stability Board (FSB).
No longer delegated to the digital backwater, financial institutions are scurrying to dive into the burgeoning space founded on distributed ledgers.
Last week, Ripple was at Money 20/20 in Las Vegas, where co-founder and CEO Chris Larsen participated in a panel focused on specific use cases of distributed ledger technology.
A healthy global payments landscape will be altered by four powerful forces, reports McKinsey.
A new report suggests that although multiple applications for distributed financial technology currently exist, there are universal benefits to improving certainty and lowering the cost of payments.
The Bank for International Settlements commissioned a report on the state of correspondent banking by the Committee on Payments and Market Infrastructures (CPMI), which was published this month.
A new survey from the World Economic Forum found that distributed financial technology could enter the mainstream in as little as twelve years.
Ripple Labs is proud to announce that we have been named one of the World Economic Forum’s “Technology Pioneers” for our innovative distributed ledger technology.
The report points out that the threat of disintermediation looming over banks can be neutralized through the implementation of judicious partnerships and white-labeling of technological products that update aging infrastructure.
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 ...
The next wave of financial innovation “will deliver fundamental changes to the infrastructure and processes at the core of the financial services industry,” argues a new paper published this week ...
Ripple Labs is honored to have Ryan Zagone, Head of Research on the Business Development team, elected to the Federal Reserve’s Faster Payments Task Force Steering Committee.
Bernard Lunn of the Daily Fintech has published a great layman’s overview of real-time payments. In Lunn’s version of the future, the ability to economically send small transactions in real-time ...
The Gates Foundation recently published a comprehensive report on designing payments systems for financial inclusion called The Level One Project Guide.
Last September, McKinsey released a report overviewing the “global trend toward improving payments systems and architectures on a national scale.”
NACHA, the Electronics Payments Association, announced yesterday that its membership banks have approved a proposal that will enable same-day settlement through ACH for consumers and businesses among 12,000 financial institutions ...
Ripple Labs is pleased to announce that we have raised $28 million in Series A financing. The round includes IDG Capital Partners, the venture arm of CME Group (the world’s ...
The European Banking Association (EBA) has published a new research paper analyzing the innovation and use cases of distributed consensus ledgers.
While the financial services sector has begun adopting open protocols to enable interconnectivity, the payments sector has yet to adopt a fully open settlement protocol to enable global connectivity, leaving ...
Ripple Labs published an article with the European Payments Council (EPC) earlier this week, describing the role of the Ripple protocol for enabling real-time, cross-border payments.
Ripple Labs co-founder and CEO Chris Larsen participated in a panel at the Milken Institute Global Conference on financial inclusion Tuesday.
We’re thrilled to announce RippleWorks – a social venture committed to accelerating the pace and scale of promising social entrepreneurs building paths out of poverty worldwide.
Ripple Labs and Aite Group hosted a joint webinar last week to discuss the challenges of modernizing real-time global payments.
Ripple Labs is thrilled to join the International Payments Framework Association (IPFA), which provides rules sets, best practices, and guidelines to improve cross-border payments.
Ripple Labs is the newest member of the Center for Financial Services Innovation Network (CFSI), an organization dedicated to improving financial health with an emphasis on reaching the underserved. Operating ...
Ripple Labs is honored to be recognized as the world’s fourth Most Innovative Company in Money for 2015 by Fast Company. The inclusion by Fast Company in its annual list ...