Cross Border Remittances: Ripple-Front Exchange Partnership

A lot of money transfer companies are looking to improve their service and offer low cost money transfer. Some have launched apps to enhance mobile money transfer, while others are building it. Similarly, Ripple also operates with the motto to promote low cost cross border remittances. A Brazilian exchange, The Front Exchange (Frente Corretora de … Continue reading Cross Border Remittances: Ripple-Front Exchange Partnership

Blockchain Payments by UAE Remittance Firms

Two UAE remittance firms, UAE Exchange and Unimoni  have gone live with blockchain payments, using Ripple's technology, RippleNet. In the initial phase of this new technology adoption, customers can make cross border payments in real time to Thailand. Finablr group, owner of UAE Exchange, Unimoni, Remit2India and many others, has partnered with Thailand’s Siam Commercial … Continue reading Blockchain Payments by UAE Remittance Firms

Mizuho Financial Group’s launching StableCoin for Payments & Remittances

Japanese powerhouse banking giant Mizuho Financial Group will be launching its own stablecoin on 1st of March 2019. After JPM Coin as announced by JP Morgan, this is huge! The coin will be called J-Coin ("J" presumably for Japan). The megabank is teaming up with 60 or so fellow financial institutions spanning most of the … Continue reading Mizuho Financial Group’s launching StableCoin for Payments & Remittances