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international, launch, money, ripple, santander, transfer, xrp -

Santander UK CEO: “This spring, if not one beats us to it, we will be the first large retail bank to carry out cross-border payments at scale with blockchain technology.” Consumer app in partnership with Ripple set to be launched to customers in Spain, Brazil, UK, and Poland. LONDON – Santander is on track to launch an international money transfer app in partnership with fintech startup Ripple in the next few months, the bank’s UK CEO has confirmed. Nathan Bostock told the International Fintech conference in London on Friday: “This spring, if not one beats us to it, we will...

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bank, coinbase, license, money, uk -

Major cryptocurrency exchange Coinbase is making significant strides in its European expansion. San Francisco-based Coinbase has now received an e-money license by the Financial Conduct Authority (FCA), the UK’s financial regulator, enabling the cryptocurrency exchange to provide payment- and electronic money services as cash alternatives to customers in the United Kingdom and 23 countries within the European Union. Coinbase UK chief executive Zeeshan Feroz claims the license mandates Coinbase to comply with ‘strict rules’ enforced by UK regulators. In addition, Coinbase is laying claim to becoming the first cryptocurrency exchange to obtain its own UK-based bank account wherein Coinbase will...

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