Did This Federal Reserve Announcement Just Put Ripple In The Ranks Of SWIFT A...
In a recent short post on its official X account, the Fed confirmed that the migration to the ISO 20022 messaging standard has been completed. The news might sound highly technical, but XRP proponents and payment analysts see it as a quiet milestone that could transform how money moves across borders. Interestingly, this development actually […]
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Ripple từ lâu đã bày tỏ tham vọng thách thức và cuối cùng thay thế SWIFT như nền tảng cốt lõi của các khoản thanh toán xuyên biên giới toàn cầu. CEO Brad Garlinghouse của Ripple đã công khai chỉ trích sự kém hiệu quả của SWIFT và nhấn mạnh rằng công ty đặt mục […]
Ripple competitor SWIFT has announced its plans regarding adopting the ISO 20022 standard and integrating blockchain technology into its operations. Furthermore, the firm suggested that it has no plans to launch a token, which could have competed with XRP. SWIFT Unveils Plans In Race Against Ripple And XRP In an X post, crypto commentator John […]
It will take several months, if not years, before all of the details regarding this Swift heist see the light of day. The story regarding the Bangladesh bank heist as part of an attack on the Swift payment network is far from over. As it turns out, the Federal Reserve blocked all 35 transactions executed by unknown assailants in February of 2016. However, four of those transfers got through after a second attempt, despite still being labeled as suspicious. Anonymous sources told Reuters how the Federal Reserve was intervening when the Bank of Bangladesh was dealing with a security breach.....
In an interview with Fortune’s Andrew Nusca, Ripple CEO Brad Garlinghouse provided an overview of the company’s strategic roadmap, their cautious approach to an initial public offering (IPO), and Ripple’s competitive edge over the traditional SWIFT network. A Ripple IPO Currently Not On The Table Garlinghouse was forthright about Ripple’s decision to hold off on […]
Ripple has formed a six-bank Global Payments Steering Group (GPSG), calling it “the first interbank group for global payments based on distributed financial technology.” A New SWIFT Challenger. Although the announcement does not mention it explicitly, the new network is a potential challenger to SWIFT. First activated in the 1970s, SWIFT is the global....