Ripple

Ripple, the United States-based enterprise blockchain and crypto solutions provider, announced Tuesday that its Singapore subsidiary Ripple Markets APAC Pte Ltd has secured its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). The issuance of Ripple’s MPI license for digital payment tokens (DPTs) follows the MAS’…

An emerging preference for digital payments naturally leads to consumers increasingly demanding faster and more affordable payment options--which in turn is spurring innovation among fintech startups and traditional financial institutions alike.