BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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Currency exchange and remittance network Ripple has stressed the need to overhaul cross-border payments amid a new report that some charities and individuals are getting their cash stuck, thanks to the inefficiency of the centralized bureaucracy. For over four decades, the majority of cross-border settlements handled by financial institutions have been relying on the Society [...]
Brad Garlinghouse told Bloomberg in an interview Nov. 13 that Ripple aims to overtake Swift. He reiterated Ripple has no plan whatsoever for a partnership with SWIFT. Also, the Society for Worldwide Financial Telecommunication (SWIFT) refuted claims that it is partnering with Ripple, Finance Magnate reported. A few weeks ago, a rumor had it that [...]