 WEEKEND ROUNDUP | |
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Ripple makes commercial crypto application breakthrough US-based fintech firm Ripple has announced the commercial launch of its cryptocurrency-based cross-border payment solution.
The firm has said its transfer solution, dubbed xRapid, will be used by money transfer providers Mercury FX and Cuallix, along with Catalyst Corporate Federal Credit Union, a wholesale cooperative of financial services institutions that delivers services to 1,400 credit unions across the US.
xRapid uses XRP, a cryptocurrency on the XRP Ledger network and commonly associated with Ripple, as a bridge between various currencies to allow payment operators to process cross-border transactions faster.
The development signals one of the first commercial use cases of cryptocurrencies.
Business Insider Intelligence's Mekebeb Tesfaye has the full story. | |
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| | | YouTube is rolling out updated features for advertisers, aimed at driving direct actions among users and improving campaign measurement on the platform. Read More → | | | | |
| | | Chinese tech giants Alibaba and Tencent both recently launched money transfer platforms that enable instant money transfers from Hong Kong to the Philippines and Indonesia. Read More → | | | | |
| | | Lower store traffic means that fewer people are making impulse snack purchases in lines at supermarkets and convenience stores. Read More → | | | | |
| | | Coinbase will add a new feature, dubbed Coinbase Bundles, to allow users to purchase a weighted basket of the five cryptos it lists — Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ethereum Classic. Read More → | | | | |
| | | In the days following the hack, Business Insider Intelligence asked Business Insider readers to choose the action they'd most likely take as a result. Read More → | | | | |
| | | The ioeX agreement solution uses blockchain to allow companies to monitor the status of their devices and to deliver needed over-the-air (OTA) updates to them. Read More → | | | | |
| | | Walmart announced that it's acquiring Eloquii, a women's plus-size apparel brand that predominantly sells online. Read More → | | | | |
| | | The company, which has reportedly been eyeing a potential IPO since 2017, is expecting to reach a valuation in excess of $7 billion. Read More → | | | | |
| | | The card, which is meant to appeal to millennials, offers a sign-up bonus of 25,000 points for cardholders who spend $2,000 in the first three months and provides 20% back in statement credit on up to $100 in restaurant purchases. Read More → | | | | |
| | | Baidu's "mini programs" have amassed over 100 million monthly active users (MAU) since launch this past July, according to Ping Xiaoli, head of the Baidu App and Baidu news feed product departments. Read More → | | | | |
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| | | In the SVOD Bundling Report, Business Insider Intelligence examines the state of the US video ecosystem and how media companies are refining their distribution strategies to meet the changing needs of consumers. The report situates each of the four bundle model types within the overall SVOD market, and investigates the overarching advantages and challenges each faces. Finally, we predict how player dynamics might transform and adapt, outlining best practices for providers to succeed within the new TV landscape. Learn More → | | | | |
| | | As audiences for traditional media shrink, a growing number of US consumers are tuning into podcasts. In this report, Business Insider Intelligence explores the key drivers affecting podcast listenership growth. The report also details the benefits of advertising on podcasts versus other media formats, and outlines the best practices for implementing a successful podcast ad campaign. Finally, we discuss the barriers that will inhibit future growth in listenership and ad spending, and how these hurdles can be overcome to attract more big-budget brands into the space. Learn More → | | | | |
| | | Voice assistants offer an additional level of convenience and speed over other shopping channels, and these advantages are driving consumers to embrace the technology for their shopping needs. By 2023, voice commerce adoption is expected to reach 49% of US adults. In this report, Business Insider Intelligence examines the trends driving the adoption of voice commerce, details the role of voice throughout the customer shopping journey, outlines how brands can benefit from implementing voice in their strategies, and explores what's ahead for the tech in retail. Learn More → | | | | |
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