MoneyGram partners with San Francisco startup to test digital payments system

San Francisco payment software company Ripple and Dallas-based MoneyGram International Inc. (Nasdaq: MGI) will partner on a pilot program that uses Ripple's digital currency in MoneyGram's internal payments process.Ripple's digital currency, dubbed XRP, will now help the world's second-largest money transfer company speed up its settlement times and lower money transfer costs, the companies said this week. Ripple said earlier this month that it was hoping to find partners in the remittance