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Found 7 results
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  1. It's a podcast so I don't have a transcript to quote. But the highlight on the facebook link quotes: "We are covering 50% of all the FX payments the Santander Group does annually. It works really well... we’ve tested for two years and they work, they’re safe and they’re fully compliant.” -Santander Group Executive Chairman Ana Botin on One Pay FX Santander on One pay FX and their use of Ripple
  2. For those not aware Cobalt DL is a blockchain initiative making big ground in the fx field. Their dl technology as stated: Sound familiar? Yeah just like xrp. The difference here is does it have a digital token like xrp or us it just a ledger? Now at first it may not seem like this is an issue for ripple as they handle remittance through the banks. BUT cobalt just signed with To sum it up Ripples lowdown (competition?) Just got access to almost every bank and fi in the U.S and possibly abroad. Should we be worried or are they just a drop in the pan? Source: http://www.btplc.com/News/#/pressreleases/cobalt-joins-bt-radianz-cloud-2135771
  3. This is slightly off-topic in that its not ALT-Crypto or FinTech per sey -- but I wonder if this sort of thing will finally become less common as DLT and blockchains and AI become more pervasive in the currency space. Another bank with another hand slap fine for FX trading abuses. https://www.federalreserve.gov/newsevents/pressreleases/enforcement20170929a.htm
  4. Having recently opened an account with FlashFX in Australia, I have just just sent 1000 AUD as a trial run direct to my wallet at Gatehub and it arrived before I could go from the FlashFX page to my Gatehub account---a few seconds----this facility is going to save me $$$$$$$ as had I done it the old fashioned way ----Bank/Swift/Bank it would of cost me 57 AUD in fees and the last time I used this method it took over 1 week to arrive----no fees with FlashFX---the icing on the cake is I achieved approximately an additional 2% on the bank exchange rate-----I LOVE FLASHFX - and of course this is all down to Ripple. I have always understood what Ripple/XRP was about, hence heavily investing, but when you experience it happening in real time with your $ it is just stunning. Keep up the good work all involved at Ripple.
  5. This is a *really* impressive response to the ESMA discussion paper by Lykke, who act as an exchange, app and crypto-asset. Worth reading in full but my personal highlights are below. https://www.lykke.com/city/blog/dtl_securities_markets #awesomesauce
  6. Could the ripple system support an account which automatically converted any currency into xrp and paid out as any currency? The idea would be a universal checking account. You get a direct deposit from work, it becomes ripple. Travel anywhere and it becomes their currency at the till. Is this the service that every bank on the ripple network will eventually provide to their customers or is this another step altogether? In other words instead of creating a new universal currency and hoping everyone adopts it, can ripple make every currency universal?
  7. How high will XRP go after the 43 Japanese banks go live with it in March and April? The global FX market is over 5 trillion a day. According to Wikipedia, in 2016 the Japanese yen accounted for around 21% or 1 trillion of that. If 1% of the Japanese yen trades were made through XRP that would be a daily volume of around 11 million bitcoins at US 900.00/coin. So, I'm betting on around a 0.10 XRP low by a month into the Japanese FX launch 0.25 XRP high or around .1% - .25% of global FX volume respectively.
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