TransferWise

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 [...]

The global payment network Swift, one of the main guardians of the current banking model, has announced the testing of a new cross-border settlement system that could give Ripple blockchain startup a run for its money. According to a post published by Financial Times, Swift is making a lot of progress to counter the rapid [...]