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Ripple Adds Facebook, Mastercard and Citibank Veteran to Leadership Team

Real-time gross agreement device, foreign money trade, and remittance community Ripple has introduced the addition of Kahina Van Dyke to its management crew because the new senior vp of industrial and company building. The banking and era veteran “will focus on driving new, strategic partnerships for Ripple across the global financial services industry.”


‘Bringing Leading Brands Together Through Partnerships’

Van Dyke maximum particularly led world groups at conventional monetary establishments like Mastercard and Citibank. However, she maximum not too long ago served because the chief of Facebook’s Global Financial Services crew.

The addition of Van Dyke to Ripple’s management turns out to are compatible the San Francisco-based startups targets of revolutionizing the standard banking device and regularly forging new partnerships with conventional monetary establishments. Notes the Ripple crew:

She additionally understands the significance of bringing main manufacturers in combination via partnerships. Van Dyke has cast relationships between Facebook and many notable firms — Citibank, PayPal, TD Ameritrade, Visa, Western Union and others — to give other people in Asia, Europe, Middle East, Africa, and North America more uncomplicated get right of entry to to their financial institution accounts and the power to ship bills at the platform.

It continues:

She additionally led the partnership with MasterCard to be offering micro-merchants in Africa the power to permit virtual bills during the social media platform. The end result of some of these tasks has led to higher shopper studies, rising industry fashions and new distribution channels throughout greater than 50 nations.

Ripple’s announcement of its new addition would possibly come as welcome information to fanatics of the 3rd greatest cryptocurrency by way of marketplace capitalization. For an organization identified for making high-profile partnerships at a speedy clip, Ripple has been slightly quiet this summer season.

‘Not Just Disruption for the Sake of Disruption’

On the topic of becoming a member of Ripple, Van Dyke famous:

Ripple’s method is not only disruption for the sake of disruption. Ripple is constructed round organising partnerships and making use of era to trade an business. I feel that may be a in point of fact robust message.

It’s why over 100 monetary establishments paintings with Ripple, and will proceed to achieve this. It’s why Ripple has probably the most international’s maximum notable companions, each conventional banks in addition to more moderen fintech gamers.

Ripple Shoots Up After AMEX Deal and Secret US Bank Meeting

However, some would possibly declare that Ripple isn’t disrupting the rest.

Van Dyke’s statements proceed to beef up Ripple opponent’s notions that the ‘decentralized’ blockchain corporate is the antithesis of ’s first and most important cryptocurrency, Bitcoin — which, from its inception, has aimed to undermine the ability which banks and conventional monetary establishments have over the person.

What do you consider Ripple’s newest addition to its management? Let us know within the feedback beneath! 


Images courtesy of Shutterstock, Ripple.

[Full Disclosure: The author of this article is a holder of Ripple (XRP).]

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