• Ripple $10 million Mercy Corps
    Cryptocurrencies,  Libra,  Ripple,  Technology

    With Ripple’s $10 million donation, Mercy Corps strengthens its bet on crypto

    The nonprofit has already joined forces with the Libra Association and Celo Foundation to use blockchain technology to bring the poorest into the global financial system

    The fintech-friendly nonprofit connects some of the world’s poorest people to “resources and opportunities they need to build strong, stable livelihoods that can withstand future challenges.” Last year it helped some 28 million people in 40 countries struggling with economic instability, natural disasters, and conflicts.

  • Politics,  Regulation,  Ripple

    Ripple’s Garlinghouse: U.S. regulators ‘advantaging’ Chinese crypto technologies

    The international payments firm’s CEO repeated warnings that regulatory uncertainty is driving the company to consider leaving the U.S.

    “If the U.S. government's doing things to advantage Chinese technology at the disadvantage to a company like Ripple and others like Ripple, then that's a really frustrating place to be,” Ripple CEO Brad Garlinghouse said. “And that's why we have taken the step to look at, should we relocate the company to a country where it is clear?”

  • Ripple Temenos power Flowbank
    Ripple

    Ripple partner Temenos to power Swiss digital investment bank FlowBank

    Swiss bank FlowBank will leverage RippleNet for settlements, thanks to its partnership with banking software firm Temenos

    FlowBank will offer online banking, trading services, credit cards and investment, all manageable through a mobile application and a dedicated trading platform. Now, through its partnership with Temenos, FlowBank will also leverage Ripple’s blockchain for its interbank settlements.

  • Ripple launches XRP loans
    Ripple

    Ripple launches XRP loans for customers

    Ripple’s new “Line of Credit” tool helps firms put working capital to use in multiple markets without arranging credit everywhere

    Ripple explains that many financial technology firms and small and medium enterprises do not have the capital and resources that are needed to grow in several markets—an issue the service is trying to solve. Right now, companies in such situations are forced to create credit arrangements for each partner in each destination market, and every arrangement adds overhead and management costs.

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