Cryptocurrency TodayCryptocurrency Today2017-11-18American Express has introduced instant blockchain-based payments using Ripple, a fintech startup, for U.S. corporate customers sending funds to U.K.-based businesses that bank with Santander U.K., the companies said on Thursday.
American Express said its FX International Payments (FXIP) business had partnered with Ripple to provide real-time, trackable non-card payments from the United States to Britain. Customers are already using the service, the companies said, and it would be extended in the future.
This marks one of the first major uses of blockchain, a shared database of transactions maintained by a network of computers on the Internet that is best known as the system underpinning bitcoin.
Financial firms hope the nascent technology can reduce the cost and complexity of burdensome processes such as securities settlement and international payments, but many say widespread use of the technology is still several years away. A number of other financial institutions have been experimenting with distributed ledger projects, including JPMorgan, UBS, Credit Suisse, Barclays and HSBC.
"This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday. Could this be the start of a change? 👀 cryptocurrencyripplexrpamexamericanexpressamericanexpresssantanderhsbcjpmorganubsbarclaysfuturemoneybanksinvestmentfxipunitedstatesusafintechcryptocoinbasecoindeskcryptocurrencytodayhttps://scontent.cdninstagram.com/t51.2885-15/e35/23734970_1716315958401446_3614810734497628160_n.jpg2017-11-18
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https://instatbt.com/Place/house-of-brothers/1064003873727806House of BrothersAmerican Express®️ Card için hazırladığımız Realise the Potential serisi kapsamında, ikinci konuğumuz Sina Afra. Yekta Kopan yine soruyor, Afra da tüm samimiyetiyle cevaplıyor. Link profilde. 💫 sinaafrayektakopanxoxothemagxoxodigitalAmericanExpressRealiseThePotential
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Moda Editörü: Şeyda Sözüer
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Professional lottery playerProfessional lottery player2017-11-18Setting my boy up with RipppleXrp the future of money around the world with instant payment.
Part1 sending$$$. Part2 exchanging litcoin to 3.5k Ripples in 15min turst me i know my issshhhhh...... SLIDE➡Part3 video of funds on his Ripple wallet confirmed. AppleAmericanexpresscryptocurrencyhttps://scontent.cdninstagram.com/t51.2885-15/e35/p640x640/23594741_532784460400843_1711909917633282048_n.jpg2017-11-18
https://instatbt.com/Place/studio-34-design-rur/1301678029908293Studio 34 Design RURshopsmall next week. My small business Saturday everything kit showed up today. Pretty kick ass bundle from americanexpress!
This is not an ad for Amex nor am I a spokesperson. Just a dude who is stoked that a company like this reaches out with this type of marketing swag!
https://instatbt.com/Place/the-rice-den/825074The Rice DenThere's still time to shopsmall with americanexpress! Until Nov 30, card members can spend $20 or more thericeden to receive $10 back. Simply save the Shop Small offer to your card to use the offer at ! dimmi
https://instatbt.com/Place/kahuku-hospital-heliport/1018039752Kahuku Hospital HeliportIt has been long since we have not been to the emergency room with Erin. kahukuhospital looks like a modern art building in a way. No line. Nice people. It went fast. Just a sprain on one finger after playing basket ball. A splint for 10 days. Thank you americanexpress and axa for taking good care of us. -
https://instatbt.com/Place/wix-insurance-agency/1014445186Wix Insurance AgencyDon't miss this upcoming event! On November 25th come shop, browse and meet the wonderfully creative and driven people that make up the business owners in our community!
Come out and support local businesses and learn about the Montavilla Food Co-Op as well!
Oh, and to top it off americanexpress
Is a gigantic sponsor of small businesses and each year runs amazing deals for their customers on Small Business Saturday which is when this event is, on November 25th!
Check out their IG shopsmall for more info!! And, yes even more reasons to come! Moto Foto is excited to bring the VW Photo Booth Experience to help make memories!
Say I love Moto Foto for special rate!