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MoneyGram, a former partner of Ripple , and Frente Corretora, a current partner , have teamed up to introduce a new remittance service in Brazil with no costs for consumers. The new service, MoneyGram Online (MGO), enables users to send money from Brazil to any country in the world at almost real-time speed. The company has a suite of options such as account deposit, mobile wallet, and cash pick-up from retail locations. Alex Holmes, MoneyGram Chairman and CEO, stated, “We’re confident that this launch will enable us to capture growth from new customer segments, deepen relationships with established customers and create tremendous value for years to come.” With more than 1,000 retail outlets across Brazil, MoneyGram already occupies a prominent position in the country. In the past, Ripple made significant investments in MoneyGram and purchased its stocks. MoneyGram said that it cleared billions of US dollars using XRP. However, the collabora...

Fujitsu’s Web3 Acceleration Platform promised to provide blockchain-based service APIs, high-computing technologies, simulations, and AI, for developers building Web3 applications and services. The Japanese-based multinational tech company Fujitsu announced the launch of a new platform on Feb 8, designed to support Web3 developers worldwide.  According to a report by the Fintech Times, Fujitsu’s Web3 Acceleration Platform seeks to provide a development environment, blockchain-based service APIs, high-computing technologies, simulations, AI, combinatorial optimization, for start-ups, partner companies , and universities building Web3 applications and services.   The company said its platform aims to support the creation of a diverse ecosystem of Web3 applications across a range of use cases, such as digital content rights management, business transactions, contracts, and processes. It will also offer free access to select participants in its global partner program, the Fujitsu Accel...