offshore banking Archives - Page 15 of 35

Telcoin’s digital remittance service extends coverage to 15 new markets

January 4, 2024June 8, 2021 by Aaron

Fintech challenger now offers affordable, app-based digital remittance service to 24 leading mobile wallets in Africa, Asia Pacific, and Latin America. SINGAPORE, June 9, 2021 /EINPresswire.com/ — Telcoin, a blockchain-powered fintech disrupting the US$700 billion international remittance industry, has extended its digital money transfer service to 23 additional mobile money platforms in 16 countries. Starting … Read more

PayServices implementing unique FinTech solution with governments worldwide

January 6, 2024May 10, 2021 by Aaron

DELRAY BEACH, FLORIDA, UNITED STATES, May 10, 2021 /EINPresswire.com/ — PayServices, Inc. (PayServices.com) is in discussion and at various levels of implementation with governments across the world to implement its uniquely advanced and highly specialized proprietary Financial Technology solution (FinTech solution). This technology would provide real-time, cutting edge, auditable end-to-end traceability in banking and financial compliance. PayServices delivers … Read more

Prime Bank Debenture Instruments for Private Placement Programs

January 6, 2024April 2, 2021 by Aaron

Prime Bank Letters of Credit, Guarantees, Bank Obligation instruments and derivatives, etc. Letters of Credit are issued in a manner recognized by the Bank for International Settlements (B.I.S.) and the International Chamber of Commerce (I.C.C.), and are subject to the Uniform Rules of Collection for Documentary Credits (ICC 500, Paris 1993) as it relates to … Read more

QFS Offshore Digital Currency Exchange

January 6, 2024March 31, 2021 by Aaron

QFS Offshore Digital Currency exchange is the Interledger Protocol ISO 20022 for USD The ISO 20022 standard is ideal for Offshore Digital Currency exchange and covers financial information transferred between financial institutions that includes payment transactions, securities trading and settlement information, credit and debit card transactions and other financial information. The repository contains a huge … Read more

Bridge Bank’s Business Escrow Services Group Launches New Paying Agent Platform

January 7, 2024March 3, 2021 by Aaron

BES Introduces Bridge Bank Gateway, an Industry-Leading Paying Agent Platform for M&A Paying Agent Services SAN JOSE, Calif., March 3, 2021 /PRNewswire/ — Bridge Bank today announced its Business Escrow Services (BES) group has launched Bridge Bank Gateway, an industry-leading paying agent platform for M&A paying agent services, private placement, performance escrow, indemnification, initial offerings/subscription deposits and project finance … Read more

SafetyPay partners with LATAM Airlines Group to provide digital payment solutions, including bank transfers and cash payments

January 8, 2024January 9, 2021 by Aaron

MIAMI, Fla., Jan. 8, 2021 /PRNewswire/ — SafetyPay, the leading digital alternative payment platforms providing solutions across Latin America and Europe, today announces a new partnership with LATAM Airlines Group, to enable its digital payment wallet and thus, contributing to the airline’s digital transformation project. SafetyPay’s solution will allow non-card holders and fraud-wary consumers to participate in the purchase of airline … Read more

BigBrainBank disrupts financial brokerage trading ecosystem with digital bank initiative

January 9, 2024December 29, 2020 by Aaron

LONDON, Dec. 30, 2020 /PRNewswire/ — BigBrainBank has stepped up a notch with the impending launch of BigBrainBank Digital Bank in the first quarter of 2021. Following the success of TheBrain AI Trade Strategies app which provides trade ideas based on artificial intelligence and machine learning, BigBrainBank steers the brand forward to provide integrated support across … Read more

Federal Reserve Board welcomes and supports release of proposal and supervisory statements that would enable clear end date for U.S. Dollar (USD) LIBOR and would promote the safety and soundness of the financial system

January 9, 2024November 30, 2020 by Aaron

The Federal Reserve Board on Monday welcomed and supported the release of a proposal and supervisory statements that would enable a clear end date for U.S. Dollar (USD) LIBOR and would promote the safety and soundness of the financial system. The announcements today by regulators in the United States and United Kingdom and by the … Read more

Bank Secrecy Act due diligence requirements for Banks and Credit Unions that offer services to charities and non-profits

January 9, 2024November 23, 2020 by Aaron

Treasury Bond Repo Rates and Bank Secrecy Act

Federal financial institution regulatory agencies today issued a joint fact sheet clarifying that bank and credit union compliance efforts to meet Bank Secrecy Act due diligence requirements for customers that are charities and other nonprofit organizations should be based on the money laundering risks posed by the customer relationship. The fact sheet highlights the importance … Read more