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MoneyGram CEO Alex Holmes On Utilizing Ripple's XRP: "We’re Able to Settle Billions of Dollars in Seconds"

At the conference, Holmes also said that its user’s needs are constantly growing and more people as well as institutions, have a need for cheap and transparent payment methods. Furthermore, Holmes added that MoneyGram is quite focused on finding and creating new technologies for better business efficiency, and has kicked off an innovation lab, to find a way to bridge these new technologies – including cloud technology and blockchain – with real-world applications. “We’re migrating our legacy systems to the cloud and looking at how we can use blockchain distributed ledger technology to improve our core systems.”...