Ripple Unveils New Feature To Boost Payments API: Details
On July 3, 2024, Ripple Labs introduced a significant enhancement to its API environment called the “Try It” feature, now part of the Ripple Payments API documentation. This development marks a pivotal change in how developers can interact with the APIs by allowing them to execute real-time tests without the necessity for logins or real […]
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At Bitcoin London yesterday, OpenCoin announced that Ripple users can now make bitcoin payments directly from the Ripple client. The so-called Bitcoin Bridge fulfils some of Ripple's promised functionality and connects its users to the whole bitcoin economy and ecosystem. This Bitcoin Bridge enables Ripple users to make payments in bitcoin without ever needing to hold any of the digital currency. Ripple's explanation video has shown that payments can egress the Ripple network in fiat currencies, plus bitcoin, via Ripple Gateways. That functionality is now there thanks to this new feature.....
Santander has begun using an app for international payments using Ripple Labs’ blockchain technology, according to Ripple on its Ripple Insights website. The pilot app makes Santander the first U.K. bank to use Ripple technology for cross-border payments. Santander is introducing the app as a staff pilot, with the intention to expand the technology. Once the app is downloaded, Santander staff just have to complete profile details to start to make payments. The app connects to Apple Pay, where users can securely confirm payments using Touch ID. It allows users transfer between £10 and....
The global remittance giant Western Union might use the digital currency ripple in a pilot program. Western Union has confirmed it is currently in talks with Ripple Labs, the company behind the digital currency, but details remain scarce. However, if the program comes to fruition, it would be a landmark moment for ripple and the larger digital currency industry. Vice President of Marketing and Communications at Ripple Labs Monica Long did not confirm the details of the project but did add, "In general, financial institutions and networks use Ripple as a technology that powers real-time....
Apparently, there are some very angry feelings between payment network startups Ripple and Stellar, and the New York Observer has published a 15,000 word article spilling all the juicy details. Apparently, Ripple and Stellar were going out for quite some time. They were thought to be the cutest couple by all of their friends, and their families were sure an engagement was imminent, but then it turned out that Stellar was cheating on Ripple with a bitcoin mining operation all this time. Ripple discovered the sensual love letter hidden in a closet and decided to confront Stellar a week....
The Royal Bank of Scotland (RBS) is undertaking a proof-of-concept with Ripple technology as part of its £3.5bn technological revamp. Chief administrative officer Simon McNamara announced the initiative during a webinar on the bank's three-year transformation plan last Thursday, just one day after a glitch which caused 600,000 payments to go missing. The banking group, which has been plagued by a series of IT failures across its four brands, RBS, Natwest, Ulster Bank and Coutts, is now looking to boost its image as an 'innovation leader'. Ripple is one of 24 other initiatives listed at the....