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Many of my comments have been about how I think PSP's or bank software providers are the way Ripple can exponentially grow the network they are attempting to build. This hypothesis leads me to check out various PSP's and software providers frequently for any new information they may put out in relation to Ripple. ACI Worldwide posted this video back in September and I think is ties in pretty directly to where the world is headed: https://www.aciworldwide.com/insights/videos/2018/september/cross-border-real-time-payments-the-next-opportunity-for-banks This video makes it very clear to me that banks are quickly realizing that Swift can't go it alone anymore. ISO20022 + Blockchain (Ripple) are probably the way to the future, a defined interoperable messaging system and a settlement system will allow real time cross boarder payments. I don't think banks themselves can move quickly enough to update old payment rails and I don't think Ripple really wants to go through the trouble of plugging in each individual bank. Ripple needed to "get the ball rolling" and prove that some entities saw the benefits of their network and increase its value so they partnered "directly" with their first 100-200 partners. I believe we are getting very close to the point where one day banks will turn to their PSP/Banking Software and find an option to send a payment that settles in minutes at an extremely cheap cost. These benefits will increase over the next several years as National RTGS systems go live with Open API's and PSP's can directly plug into the entire domestic network. These RTGS' will be connected through the ILP and XRP will transfer/settle value across them all.
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- temenos
- aci worldwide
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https://www.finextra.com/pressarticle/71701/earthport-opens-corridor-to-bangladesh Do we know what the connection between ripple and earthport is these days?!
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^^^ Is he talking about Santader, or is it something new coming? FULL TEXT: http://www.earthport.com/news-insights/insights-blog/distributed-ledger-technology-great-catalyst/
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FULL TEXT: http://www.earthport.com/news-insights/news/earthport-blockchain-offering-secures-fintech-finance-award/
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"The ‘Unsexy’ Way Earthport is Using Shared Ledgers for 'Blockchain' Efficiencies" http://www.coindesk.com/unsexy-earthport-blockchain-digital-currency/
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https://www.finextra.com/pressarticle/63411/earthport-wins-fx-firm-contract " Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, today announces an agreement with The FX Firm, the leading FX specialist in providing services to the payroll sector"
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"Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, today announces an agreement with The FX Firm, the leading FX specialist in providing services to the payroll sector. The agreement is intended to facilitate The FX Firm's business expansion and to enhance its offering as the efficient, secure facilitator of cross-border payroll services." http://www.investegate.co.uk/earthport-plc--epo-/rns/partnership-with-the-fx-firm/201603030700208750Q/
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http://www.earthport.com/pr/fx4biz-take-on-earthport-to-facilitate-global-expansion/ https://www.fx4biz.com/ There are also positive news for Earthport This deal with fx4biz sounds really great!
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- earthport
- distributed ledger
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Citizens Financial signs with Earthport for cross-border payments "Citizens is the thirteenth largest bank in the United States and operates more than 1,200 branches across 11 states under the Citizens Bank brand. Earthport has been signed by Citizens to deliver a global payment solution for Citizens customer base, transforming the way in which its customers send payments cross-border..." http://www.finextra.com/news/announcement.aspx?pressreleaseid=62536
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Earthport: low-value x-border opportunities and Sibos interview
Guest posted a topic in Alt-Coins and General Fintech
From Earthport, "Defining the low-value cross-border market opportunity: A payments-eye view of the changes and trends shaping the global payments market and the largest opportunities for the taking." Access here: http://ww2.earthport.com/2015_12_Defining-low-value-cross-border-opportunities.html Sibos 2015 interview with Hank Uberoi: -
Continental Money Transfer teams up with Earthport for East Africa Payments "Earthport, (AIM listed: EPO), the largest open network for global bank payments is pleased to announce that it has signed an agreement with Continental Money Transfer (CMT) a 24×7 provider of payments across borders, with secure online money transfer solutions..." http://www.finextra.com/news/...nt.aspx?pressreleaseid=62187
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Markets Most Influential October 6, 2015 | Hong Kong, London, New York Produced in conjunction with Bloomberg Markets magazine’s annual 50 Most Influential list, this series brings together leading bankers, policymakers, economists and money managers for their perspectives on the coming year. http://www.bloomberglive.com/ Hank Uberoi of Earthport is speaking here: http://www.bloomberglive.com/markets-most-influential/events/#event-852 Daniel Marovitz of Earthport is speaking here: http://www.bloomberglive.com/markets-most-influential/events/#event-904