American Express Opens First Blockchain Corridor With Ripple Tech
American Express just had its "Charles Lindbergh moment," using Ripple's blockchain to connect Santander clients in Europe and the U.S.
Credit card giant American Express may be looking into developing a new proof-of-payment (PoP) system based on blockchain technology.
The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights.
FalconX announced Wednesday that American Express Ventures made the investment as an extension of a fundraise earlier this year, but did not disclose an amount.
American Express announced a blockchain-based loyalty rewards program using Hyperledger's technology.
American Express' travel and merchant arm has filed a patent application looking at using a blockchain to facilitate quick transactions.