TagSBI Ripple Asia

Ripple Blockchain Payments App ‘MoneyTap’ Goes Live in Japan

MoneyTap Ripple

A consortium of 61 Japanese banks, responsible for over 80% of Japan’s banking assets, has begun using a consumer-centric retail payments app using Ripple blockchain technology. In a tweet by Ripple’s own official handle on Thursday, the San Francisco-based fintech confirmed the app went live on Thursday, nearly seven months after its initial announcement earlier this year. As CCN reported at the...

SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan

MoneyTap Ripple

Japanese financial services group SBI Holdings will launch its consumer payments application MoneyTap, on both Android and iOS, using Ripple’s blockchain technology. SBI Ripple Asia, a joint venture established by SBI Holdings and San Francisco-based FinTech giant Ripple in early 2016, will soon launch ‘MoneyTap’, CEO Takashi Okita revealed on his own Twitter handle. MoneyTap is the first real...

61 Japanese Banks Tap Ripple Blockchain Consumer Payments App


A consortium of 61 Japanese banks, comprising over 80% of the country’s banking assets, are gearing toward the launch of a retail consumer payments app using Ripple blockchain technology. Titled “MoneyTap”, the new smartphone application will enable customers of 61 banks to settle instant domestic transactions in Japan using San Francisco-based FinTech startup Ripple’s blockchain technology. An...

SBI Ripple Asia Plots Instant International Blockchain Payments in South Korea

Blockchain South Korea

SBI Ripple Asia will begin testing a new blockchain-based remittance platform between Japanese and South Korean banks by the end of the year. SBI Ripple Asia, a joint-venture company established by Japanese financial giant SBI Holdings and San Francisco-based FinTech startup Ripple is gearing to bring Ripple’s enterprise blockchain solutions for cross-border payments in the South Korea-Japan...

Blockchain Breakthrough: 47 Japanese Banks Complete Money Transfer Pilot Using Ripple


Blockchain is moving into production, claims Ripple CEO Brad Garlinghouse after a consortium of 47 Japanese banks completed a pilot implementation of Ripple’s technology. Announced yesterday by SBI Ripple Asia, a jointly-owned company between fintech firm Ripple and Japanese financial services company SBI Holdings, the successful pilot used a Ripple-powered cloud payments platform RC Cloud, to...

Blockchain Forex Consortium adds Japan-based Fukui Bank


Japan-based Fukui Bank has joined the blockchain consortium for domestic and foreign exchange services launched by Japanese financial services giant SBI Holdings and its subsidiary, SBI Ripple Asia. With its latest addition, the consortium now sees 43 participating members. Announced by SBI Holdings last week, Fukui Bank joins the working group, named “Consortium for Considering Blockchain...

Japanese Banks Plan Blockchain Forex Services

Japan Blockchain bank

  A new consortium of Japanese banking and financial services giants will seek to use blockchain technology to provide domestic and foreign exchange services. Japanese financial services giant SBI Holdings and its subsidiary SBI Ripple Asia, have collaborated to launch a consortium that will seek to use blockchain innovation – the technology underpinning bitcoin – in new payment and...

Ripple Teams With SBI Holdings To Meet Rising Asian Demand For Cross-Border Payments


Ripple, a provider of financial settlement solutions, and SBI Holdings, Inc., a financial services company, have partnered in launching a new company, SBI Ripple Asia, to serve China, Japan, Taiwan, Korea and ASEAN countries. SBI Ripple Asia will establish a sales and engineering group to sell and install its enterprise solutions for cross-border payments at banks. The 2015 World Payments Report...