Ripple - XRP - nieuwe verdienmodellen noodzakelijk voor bancaire sector
Klik hier om dit forumtopic te volgen en automatisch op de hoogte gehouden te worden bij nieuwe berichten.
Vinnie Colaiuta schreef op 6 mei 2020 18:39:Ripple joins ISO 20022 Standards Body—the first member focused on
ISO 20022, already used by payment systems in over 70 countries, will be the de facto standard for high-value payment systems of all reserve currencies, supporting 80% of global volumes and 87% of value of transactions worldwide in the coming years, according to Swift.www.xrparcade.com/news/ripple-joins-i...
Members of the RMG include ACTUS, CFTC, Clearstream, DTCC, Euroclear, European Central Bank (ECB), European Payments Council (EPC), FIX Protocol Ltd, ISDA/FpML, ISITC, Mastercard, NACHA, IFX
ECB steps in over Swift’s ISO 20022 migration delay
The letter highlights the concerns held regarding the postponed adoption of ISO 20022 for cross-border payments as negatively affecting banks’ internal adaptation plans for the migration to the T2S service. European banks have worked under that assumption that their capability to send existing MT messaging would be decommissioned after November 2021, however, as this assumption is now void European banks will have to review their plans on short notice.
The ECB also requires that Swift publish a blueprint no later than early May 2020, in order for European banks to adapt their plans and Swift is to share the draft blueprint with the ECB in advance.
SBI Holdings CEO: Ripple Partners Could Help Pandemic Supply Chain
The CEO said that his lawyers would attend Ripple’s next executive committee and asked them to promote new partnerships with multinational corporations like Big Shosha, a Japanese trading company.
By adding multinational companies to the Ripple network and not just financial institutions we can expect [the number of cross-border payments] to grow exponentially
Bitrue Reaps the Rewards of Putting XRP at the Center of its Digital Assets Platform
Singapore-based digital assets exchange Bitrue has found success by putting the digital asset XRP at the center of its trading platform. The asset is used by Ripple’s payment network to facilitate low-cost, same-day cross-border transactions and Bitrue believes that XRP’s growing utility among businesses and individuals will bring more users to its exchange.
Ripple is working on a loan offering that will work in connection with its XRP payment solution
Ripple is venturing into lending, as a recent job posting illustrates
The company’s offering would provide working capital loans to its RippleNet customers
A Ripple spokesperson told The Block that the loan product would work in connection with On-Demand Liquidity (ODL) payment solution, which uses XRP
BUREAU OF CONSUMER FINANCIAL PROTECTION
The Bureau also believes that expanded adoption of SWIFT’s gpi product or Ripple’s suite of products could similarly allow banks and credit unions to know the exact final amount that recipients of remittance transfers will receive before they are sent.
The Consumer Financial Protection Bureau believes that Ripple's products could allow banks and credit unions to know the exact final amount that recipients of remittances will receive before they are sent.
Sygnum Bank adds XRP to currency portfolio
“Clients can now hold their XRP in our regulated custody solution, which is co-developed with Swisscom and architected to provide institutional-grade security. The addition of XRP allows clients to further expand and diversify their digital asset portfolios”
U.S. Consumer Protection Agency Recognizes XRP’s Potential in Remittance
The CFPB also highlighted that XRP can be used to effect settlement of cross-border money transfers, adding that the company’s suite of products could “allow banks and credit unions to know the exact final amount that recipients of remittance transfers will receive before they are sent."
Full Court WordPress: Coil Deal Boosts Functional Blockchain — And XRP
That this could be the biggest use of XRP outside of the global payments company Ripple is no coincidence. Coil’s founder and CEO, Stefan Thomas, was Ripple’s chief technology officer until mid-2018 — Ripple being the biggest user of XRP to this point. Coil was backed by Ripple in 2018, which participated in a reported $4 million dollar seed round and then, in September 2019, tossed in a massive investment of one billion XRP tokens (and to be clear, I’m hopelessly conflicted reporting this story as I once worked at Ripple. To be equally clear, as of this writing I don’t own any XRP.)
Top US regulator paves the way for banks to offer crypto custody
The Office of the Comptroller of the Currency (OCC) has given the green light for banks to begin offering cryptocurrency custody services.
A Ripple executive has unveiled a payments platform based on XRP that will work in popular web browsers.
Ripple News Today: FXcoin to Develop XRP-Based Global Payment System as XRP Price Surges Above the $0.24 Level – July 31st, 2020
In the announcement, FXcoin noted that they will be setting up an XRP-powered swap market that will allow them to take advantage of the XRP token by hedging price movements. To power this project, FXcoin received a bulk sum as investment from Ripple’s number one Asian partner, SBI Holdings. Along with the investment, the exchange signed a contract for a third party equity allocation deal with SBI. Just like the investment amount was not revealed, the number of shares and the amount per share purchased by SBI were not revealed.
SWISSRoute RippleNet™ Adapter
Providing interoperability between existing messaging systems and RippleNet™
Now our exclusive offering includes Ripple connectivity. With the practicality and flexibility of having multiple cross-border payment solutions and Ripple in your pocket, there are no more limitations to your banking ?possibilities.
With the SWISSRoute RippleNetTM Adapter, processing transactions through the RippleNetTM will be easier, offering an out-of-the box integration.
Direct naar Forum