Western Union ‘Exploring’ Pilot Program With Ripple Labs

Global remittance giant Western Union is reportedly working on a pilot program with distributed payment protocol provider Ripple Labs.
The news was first revealed in a tweet by Ripple Labs promoting CEO Chris Larsen’s appearance at Global Conference 2015, an annual event held by non-profit think tank the Milken Institute.
The pilot was further confirmed by Monica Long, VP of marketing and communications at Ripple Labs, who told CoinDesk that while Western Union is “exploring a pilot project using Ripple”, no further details on the initiative were available.
Long did, however, suggest that Western Union was interested in Ripple due to its existing value propositions, stating:

This post was published at Coin Desk on April 29, 2015.