Western union explores ripple tech
The financial services global giant Western Union (WU) is performing sample transactions with the use of Ripple’s (XRP) Blockchain settlement system, the company’s Chief Financial Officer Raj Agrawal confirmed bloomberg.
The globally known money transfer company Western Union confirmed that it is testing Ripple following more than a month of rumor-fuelled speculation that began in early January. The announcement comes after Western Union reported its 2017 results, claiming a revenue of $1.4 bln - a 5 percent increase over the previous year.
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