Tag Archives: Banks

Ripple’s Partner Ramessa Online Prefer Banks “Until When XRP is fully Regulated”

Finally, Ramessa Online, a Sao Paulo based company with a functional partnership with Ripple has admitted that they are waiting for XRP to be “fully regulated” before incorporating the asset as their on demand liquidity tool. Continue reading Ripple’s Partner Ramessa Online Prefer Banks “Until When XRP is fully Regulated”

Ripple to add 5 More Banks & Fintechs Will Use XRP Cryptocurrency

Ripple announced today that a total of 13 more financial institutions had joined RippleNet, putting the total at over 200. Of these, five of them will use the ripple (XRP) cryptocurrency for liquidity. Institutions named in the press release are: JNFX, SendFriend, Transpaygo, FTCS, and Euro Exim Bank. While they will use XRP to access liquidity on demand, the 8 others will not. Continue reading Ripple to add 5 More Banks & Fintechs Will Use XRP Cryptocurrency

Financial Watchdog Warns Two Banks Over Poor Crypto Transaction Management

A South Korean financial authority has warned two major domestic banks about their lack of management of cryptocurrency transactions and anti-money laundering (AML) regulation, local online media outlet The Daily reports Dec. 4. Continue reading Financial Watchdog Warns Two Banks Over Poor Crypto Transaction Management

Infosys sets up blockchain-based trade network in India with 7 banks

Infosys today said it has set up India Trade Connect, a blockchain-based trade network in India, in partnership with seven lenders, including Axis Bank, ICICI Bank, IndusInd Bank and RBL Bank. The other partner banks include Kotak Mahindra Bank, South Indian Bank and Yes Bank. Continue reading Infosys sets up blockchain-based trade network in India with 7 banks