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BITCOIN AND CRYPTO
MoneyGram | June 13, 2022
MoneyGram and Stellar Development Foundation announced the initial roll-out of a first-of-its-kind global on/off-ramp service for digital wallets to increase the utility of digital assets by creating a bridge between cash and cryptocurrencies. The service, which is the result of a partnership announced in October 2021 between MoneyGram and SDF, is now available in several key remittance markets, including Canada, Kenya, the Philippines, and the United States, for the first wave of users, with gl...
CORE BANKING, FINTECH
Finastra | October 18, 2022
Finastra recently announced that The Belize Bank Limited, one of the largest banks in Belize, providing retail, corporate and commercial banking services, successfully migrated the business of Scotiabank (Belize) Limited onto the Fusion Essence core banking platform following an acquisition facilitated by its parent company, Caribbean Investments Holdings Limited (CIHL). After migrating its legacy core to Fusion Essence in 2017, Belize Bank has extended its collaboration with Finastra to bring S...
FINANCIAL MANAGEMENT
Elwood Technologies and Matrixport | October 03, 2022
Matrixport, one of the world's largest digital assets financial services ecosystems, today announced that its prime brokerage business, Matrixport Institutional, has formed a flagship partnership with Elwood Technologies, an established global fintech providing institutional digital assets trading infrastructure. Matrixport is a leading global provider of custodian and prime services for crypto hedge funds. This partnership reaffirms its commitment to offering clients early ac...
Wells Fargo | January 23, 2020
One of Wells Fargo & Co’s (WFC.N) top regulators plans to bring enforcement actions against as many as 10 former executives in relation to the bank’s sales practices scandal as soon as Thursday, a person familiar with the matter told Reuters. The Office of the Comptroller of the Currency (OCC) actions may result in monetary penalties against the executives and bans from working for OCC-regulated banks, the person said. Wells Fargo declined to comment. A spokesman for the OCC did ...
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