OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients. “We launched our OTC business as a complement to our exchange business because we found a lot of institutions were...

Malaysian lender CIMB Group Holdings Bhd. is signing on to the cross-border payments network run by blockchain technology firm Ripple, the two companies said Thursday. Ripple’s technology will be used in CIMB’s SpeedSend remittance product, according to a joint press release. SpeedSend is available in...

Ripple Labs Inc., the blockchain startup whose digital money is often used as a proxy for other cryptocurrency payments, is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, Chief Executive Officer Brad Garlinghouse said to...

Earlier today, on October 2, Ripple Labs introduced three partnerships with major banks including the $80 billion banking giant Banco Santander. One Pay FX, a platform operated by Banco Santander, became the world’s first mobile application for cross-border payments powered by RippleNet. Subsequent to the...

Singapore based blockchain startup, AlphaWallet, hopes to change this and get you talking like a pro at your next bbq with friends. They are releasing their first open class, 'the Blockchain Decalogue: what would Weiwu say on blockchain', consisting of 10 epic talks designed to get...

A group of financial technology companies is banding together to lobby lawmakers and regulators on cryptocurrencies -- and they plan to pay their Washington advocates partly in digital coins. The firms, all based in the San Francisco area, include digital money transfer company Ripple and...