Swift v. Ripple: The Looming Fight Over Financial Services

In recent months Ripple Labs has made significant progress toward its goal of creating a system for efficient, cross-border fiat currency transfers. Although the company is certainly not without its critics, there is no doubt that if successful, its products could revolutionize much of the financial sector. Now, the team behind SWIFT, Ripple’s primary competitor, is responding with an improved system of its own. The looming fight between these two organizations for dominance in this field