American Express Opens Ripple-Based International Blockchain Payments Channel

American Express has announced the creation of a blockchain-based business-to-business payments channel that will enable businesses to settle payments between the U.S. and the U.K. almost instantaneously. Developed through a partnership between the American Express International Payments (FXIP) business, enterprise blockchain startup Ripple, and banking firm Santander UK, the blockchain-based payment channel will reduce the time it takes to settle international payments from days to seconds. American Express says that the platform will route non-card payments through RippleNet — Ripple’s real-time payment network  — reducing the number of intermediaries necessary…

Blockchain Announces Growth, the Future and New Partners

Blockchain, the providers of the popular blockchain explorer and Bitcoin wallet, announced that they have closed a Series A round of over 30M of growth capital, co-lead by Lightspeed Venture Partners and Wicklow Capital. Jeremy Liew and his team at Lightspeed Venture Partners were one of the very first Silicon Valley firms to begin actively following the Bitcoin space. Wicklow Capital is the personal investment vehicle for the founders of GETCO (now KCG), a global market leader in technology enabled trading and financial services. In addition to Lightspeed Venture Partners…