{"id":4655,"date":"2018-02-14T02:48:32","date_gmt":"2018-02-14T02:48:32","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=4655"},"modified":"2018-02-14T09:58:25","modified_gmt":"2018-02-14T09:58:25","slug":"western-union-confirms-evaluation-of-ripple-platform","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/western-union-confirms-evaluation-of-ripple-platform\/","title":{"rendered":"Western Union Confirms Evaluation Of Ripple Platform"},"content":{"rendered":"

\"\"Earlier in January, Bloomberg had reported <\/a>that the shares of Western Union are rising as it is believed to be testing Ripple\u2019s platform for fund transfers. However, both parties die not confirm or reject the reports. Now, Western Union has confirmed that it is evaluating Ripple\u2019s platform.<\/p>\n

A few hours before, the confirmation was provided to Bloomeberg<\/a> by the money transfer company\u2019s chief financial officer Raj Agarwal. The CFO, however, underlined that the platform is only in the evaluation process and has no impact on the business. Furthermore, Raj Agarwal has stated that the company has not found anything that would be a \u201cbig unlock.\u201d<\/p>\n

Ripple\u2019s growing network:<\/h2>\n

Ripple has seen a phenomenal success in the recent past. Around Christmas last year, SBI Ripple Asia announced that they have partnered with three major credit card providers in Japan to improve user experience, solve a variety of issues, and increase efficiency through Ripple\u2019s block chain technology. The participating credit card companies are JCB, Sumitomo Mitsui Card, and Credit Saison.<\/p>\n

In early January, MoneyGram (NASDAQ: MGI) signed an agreement with Ripple to test the latter\u2019s network. By January end, IDT Corporation, a publicly traded New Jersey-based telecommunications provider, and MercuryFX, which offers discounted currency exchange rates, signed an agreement to start using Ripple\u2019s xRapid platform. Last week end, Spanish banking group Santander announced<\/a> that it would soon start offering mobile payments using Ripple\u2019s xCurrent platform. On Sunday, the National Bank of Abu Dhabi announced<\/a> that it will use use Ripple\u2019s block chain solution to send real-time cross-border payments to its customers. Earlier this week, LianLian International of China announced that it has entered into a partnership with RippleNet to facilitate real-time cross border e-commerce payments between the US, Europe, and China. LianLian will use the xCurrent platform of Ripple to process global payments sent to the Chinese e-commerce market from other RippleNet member banks across the three continents.<\/p>\n","protected":false},"excerpt":{"rendered":"

Earlier in January, Bloomberg had reported that the shares of Western Union are rising as it is believed to be testing Ripple\u2019s platform for fund transfers. However, both parties die not confirm or reject the reports. Now, Western Union has confirmed that it is evaluating Ripple\u2019s platform. A few hours before, the confirmation was provided […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"class_list":["post-4655","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"yoast_head":"\nWestern Union Confirms Evaluation Of Ripple Platform<\/title>\n<meta name=\"description\" content=\"Western Union has confirmed that it is evaluating Ripple\u2019s platform. 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The platform is only in the evaluation process and has no impact on the business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/western-union-confirms-evaluation-of-ripple-platform\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-14T02:48:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-02-14T09:58:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/western-union.jpg\" \/>\n<meta name=\"author\" content=\"Cameron Bishop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cameron Bishop\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/\"},\"author\":{\"name\":\"Cameron Bishop\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"headline\":\"Western Union Confirms Evaluation Of Ripple Platform\",\"datePublished\":\"2018-02-14T02:48:32+00:00\",\"dateModified\":\"2018-02-14T09:58:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/\"},\"wordCount\":332,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/western-union.jpg\",\"articleSection\":[\"Cryptocurrency\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/\",\"name\":\"Western Union Confirms Evaluation Of Ripple Platform\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/western-union-confirms-evaluation-of-ripple-platform\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/western-union.jpg\",\"datePublished\":\"2018-02-14T02:48:32+00:00\",\"dateModified\":\"2018-02-14T09:58:25+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"description\":\"Western Union has confirmed that it is evaluating Ripple\u2019s platform. 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