MoneyGram and Ripple Teaming Up

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 In Technology

Russia Prepares for Spacecraft Launch to the Moon

Russia is putting the final touches on the scheduled launch of its lunar rocket to the moon.

Virgin Galactic Takes Off With its First Tourists on Flight to the Edge of Space

Virgin Galactic is taking its first space tourists on a long-delayed rocket ship ride, including a former British Olympian who bought his ticket 18 years ago and a mother-daughter duo from the Caribbean.

Virgin Galactic Launching Tourism Flight to Space

Virgin Galactic is launching its first tourist flight Thursday.

iPhone 'End Call' Button Moved in Apple's Latest Software Update

iPhone 'End Call' Button Moved in Apple's Latest Software Update

'End Call' Button Gets Moved in Apple Software Update

Apple is changing the location of the red 'End Call' button.

Reuters: Disney Creates A.I. Task Force

Disney has created a task force to study artificial intelligence and how it could be used across the company, according to Reuters.

Dungeons & Dragons Artists No Longer Permitted to Use A.I.

Dungeons & Dragons Artists No Longer Permitted to Use A.I.

iPhone 15 Expected to Release Around September 22

iPhone 15 Expected to Release Around September 22

Report: Google Working on Adding A.I. to Assistant

Google is looking to add a boost to its Assistant feature with artificial intelligence, according to a report.

Chatbots Sometimes Make Things Up. Is AI’s Hallucination Problem Fixable?

Described as hallucination, confabulation or just plain making things up, it's now a problem for every business, organization and high school student trying to get a generative AI system to compose documents and get work done.

Load More