Category: Remittances

UAE Remittance Firm Launching Ripple-Based Payments in Q1 2019

One of the largest remittance firms in the United Arab Emirates, UAE Exchange, is working with Ripple to launch blockchain-based…

Coinone Exchange Launches Cross-Border Payments App With Ripple Tech

South Korea-based crypto exchange Coinone has officially launched Cross – a remittance app utilizing Ripple’s xCurrent product to facilitate speedy…

Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances

Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments. A strategic partnership between the…

‘Instant Money Transfers With Low Fees’: New Platform is Challenging Better-Known Rivals

A digital money platform is challenging rivals by offering instant transfers from a greater number of cryptocurrencies, fiat currencies, and…

Sompo Holdings Acquires 10% Stake in Kenyan Cryptocurrency Exchange Bitpesa

Japanese insurance group Sompo Holdings has acquired a 10 percent stake in Bitpesa, a Kenyan digital currency exchange and payments…

Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil

Japanese bank holding and financial services company Mitsubishi UFJ Financial Group, Inc. (MUFG) said it will use Ripple (XRP) to…

Japanese Insurer Sompo Partners With African BTC-Enabled Remittance Service BitPesa

Japanese insurance company Sompo has partnered with pan-African digital payment platform BTC Africa, also known as BitPesa, according to a…

New Stablecoin Tied to Australian Dollar Is Launching on Stellar’s Blockchain

A new stablecoin is launching on the Stellar blockchain that's designed to hold its value with the Australian dollar (AUD) and…

Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta

Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday.…

India’s Federal Bank Is Building a Remittance App on R3’s Corda

An Indian commercial bank has revealed it is building a cross-border remittance app based on the Corda blockchain platform developed…

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