MoneyGram and Ripple testing bank transfers of the XRP cryptocurrency. Fortune Staff Writer Jeff John Roberts explains why this partnership is so significant.
"Unlike Bitcoin or Ethereum, it (Ripple) is centrally controlled," explains Roberts. "This is Ripple's moment of truth because people are speculating on XRP." With transaction fees so high for Bitcoin, some investors are seeing Ripple as a good alternative.
"Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid," MoneyGram CEO Alex Holmes said Thursday. In the release announcing this partnership, both Ripple and MoneyGram promoted the efficiency and speed of this digital currency.
More leaks from Facebook reported by the Wall Street Journal allegedly show that the social media giant's employees had very little confidence in the artificial intelligence moderation. Reportedly, it was unable to discern racist rants, first person shooter videos, and other problematic content.
Tinder is offering a new feature called Plus One, allowing users to signal that they're looking specifically for a date to a wedding or are open to attending one. The app is also partnering with WeddingWire to help single guests pay for wedding season with a grant giveaway promotion.