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Search Results for: digital banks

Zimbabwe Banks on Gold-Backed Digital Token (GBDT)

The Reserve Bank of Zimbabwe (RBZ) has announced that readiness for the launch of GBDT (gold-backed digital tokens) for use in transactions is at a high point as of this month. Upon launch, the bank predicted that the gold tokens will serve as a complementary currency to the U.S. dollar.

August 13, 2023 1 min read

Apex Fintech Solutions and Unifimoney Announce Partnership to Provide America’s Credit Unions and Community Banks with Digital Investment Solutions

Enables community financial institutions to equip account holders with access to a full suite of digital wealth management services SAN FRANCISCO & AUSTIN, Texas–(BUSINESS WIRE)–Apex Fintech Solutions (“Apex”), the powerhouse enabling seamless access, frictionless investing, and scalable infrastructure for hundreds of leading fintech companies, today announced a partnership with Unifimoney

December 13, 2022 3 mins read

Unifimoney Joins Alkami Partner Program to Empower Regional Banks and Credit Unions with Digital Wealth Management

Partnership brings self-directed investing and wealth management services to account holders of all sizes SAN FRANCISCO–(BUSINESS WIRE)–#communitybanks—Unifimoney, a multi-asset digital wealth management provider, today announced that its digital wealth management solution will be available through the Alkami Platform. The partnership enables financial institutions (FIs) to offer wealth management services, including

December 8, 2022 2 mins read

Bridging Fiat and Digital Assets for Financial Freedom – A Guide to enfineo

Developments within concepts like central bank digital currencies (CBDCs) and approvals of Bitcoin Spot ETFs earlier this year have sped up the process of removing the disconnects that have long been existing within the traditional financial systems and the world of cryptocurrencies. Enfineo in particular aims to bridge that gap

February 22, 2024 4 mins read

Honduras Prohibits Banks from Crypto Dealings Citing Lack of Regulation

A resolution prohibiting financial institutions in Honduras from dealing with cryptocurrency was issued by the National Banking and Securities Commission of Honduras (CNBS). Due to the lack of regulation, the Honduran central bank said that it is unable to guarantee cryptocurrency transactions. Users of blockchain-based financial services and cryptocurrencies may

February 17, 2024 2 mins read

Skyline Digital makes TradFi accessible on Web3

Zug, Switzerland, February 7th, 2024, Chainwire The Swiss-based platform Skyline Digital empowers underbanked Web3 Businesses, Founders, and DAOs to access third-party fiat payments, OTC trades, tokenized real-world assets, vIBANs, and on/off-ramping. Web3 Businesses, DAOs, and High Net Worth Individuals find themselves underserved by traditional banks, while custodial and centralized crypto

February 7, 2024 3 mins read

CORRECTING and REPLACING WSPN Forges Strategic Alliance with Fireblocks to Advance Digital Payments Ecosystem

HONG KONG–(BUSINESS WIRE)–Second paragraph, second sentence of release dated January 10, 2023 should read: “The integration will see WSPN issuing a USD-backed stablecoin, WUSD (“Worldwide USD”), via Fireblocks’ Tokenisation Studio, as well as leveraging Fireblocks’ Wallets-as-a-Service to ensure the secure custodying of WUSD and to facilitate asset transfers.” (instead of

January 12, 2024 3 mins read

WSPN Forges Strategic Alliance with Fireblocks to Advance Digital Payments Ecosystem

HONG KONG–(BUSINESS WIRE)–WSPN, a leading global digital payments company, proudly announces a strategic collaboration with Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, to expand global digitals payment adoption and propel financial inclusion. This collaboration marks a significant step forward for WSPN

January 11, 2024 3 mins read

Nigerian Banks Embrace New cNGN Stablecoin in Addition to eNaira

Investors and the Nigerian economy stand to benefit from the new stablecoin, the cNGN, which is being developed and managed by a consortium of Nigerian institutions. Anonymous insiders within the project have confirmed that the cNGN token is linked to and supported by the Nigerian naira, the official currency of

December 23, 2023 2 mins read

Nigeria Lifts Restrictions on Banks’ Facilitating Crypto Transactions

Constraints on Nigerian banks aiding cryptocurrency transactions have been removed by the Central Bank of Nigeria (CBN), almost two years after a complete ban on banks working with digital currencies was enforced. Moreover, the CBN acknowledged in a circular addressed to banks on December 22 that the rising worldwide demand

December 23, 2023 1 min read