Ripple Labs partners with Western Union

Announcements | April 29, 2015 By:

Ripple Labs has announced a new partnership with Western Union.

“We’re excited to announce we’re working with Western Union on a pilot to provide infrastructure for real-time settlement,” said Ripple Labs CEO Chris Larsen.

The announcement suggests the two entities are working on a remittance-based integration for real-time settlements.

Ripple Labs is the creator and a developer of the Ripple payment protocol and exchange network. Western Union is an American financial services and communications company.