• A MoneyGram neon sign in New York (via Wiki commons).
    XRP

    MoneyGram confirms massive XRP use in Mexican peso transactions

    The money transfer service’s partnership with liquidity provider RippleNet now accounts for 10% of its Mexican business, and is set to go global

    The head of MoneyGram confirmed today that the global money transfer company has been using XRP cryptocurrency to exchange U.S. dollars and Mexican pesos extensively since July.

  • Ripple CEO Brad Garlinghouse and Georgetown Law Prof. Chris Brummer in conversation at DC Fintech Week, October 23, 2019 (photo by Modern Consensus staff).
    Ripple,  XRP

    Clayton tantalizes XRP Army with suggestion of ‘fresh look’ at international payments

    With all eyes on Zuck, Fintech Week shows industry’s maturity and diversity

    WASHINGTON—Sometimes the best scheduling comes down to luck. Day Three of the four-day conference known as Fintech Week was clearly scheduled to keep attendees in the vicinity through at least Wednesday. Securities and Exchange Commission Chairman Jay Clayton, Ripple CEO Brad Garlinghouse, and Ethereum co-founder Joe Lubin were all on the scene at the Showroom on 14th St NW. All the better that, by coincidence, the conference locale was just blocks from the high stakes testimony Mark Zuckerberg was delivering at the same time at the Capitol.

  • Digital Asset Holdings Founder Eric Saraniecki, CEO of Ripple Brad Garlinghouse, Jeremy Millar, Chief of Staff of Consensys, Jeff Dorman, CIO of Arca (image via Twitter).
    Innovators

    Inside the invite-only Cumberland Global Summit

    We get the goods from crypto’s elite at the year’s most elite conference

    As the crypto business matures, a robust—some would say never-ending—series of industry conferences has arisen to provide reasons for players in the space to gather in person. Perhaps the most elite of these is the yearly Cumberland Global Summit.

  • If SWIFT had a storefront in Ukraine, this would be their shingle (via Shutterstock).
    Ripple,  Technology

    Money transmitter SWIFT adds cryptocurrency capability with R3’s Corda

    The current bank transaction intermediary is playing catch-up with the speed, but not cost, of blockchain

    Bank transaction intermediary SWIFT announced on June 24 that if its current proof-of-concept test is successful, it will incorporate R3’s Corda enterprise distributed ledger technology (DLT) into its new high-speed payment confirmation platform, Global Payments Innovation (gpi).