Breaking News
ZA Bank Rolls Out Dedicated Services for Stablecoin Issuers
In a groundbreaking move for the Web3 sector, ZA Bank today announced the launch of dedicated banking services for stablecoin issuers, offering unparalleled security for fiat reserves. This initiative marks a significant leap in ZA Bank’s “Banking for Web3” vision and signals a new era of financial innovation.
Throughout 2023, ZA Bank has witnessed remarkable achievements in the Web3 ecosystem, cementing its position as a leading player in the industry. Highlights of ZA Bank’s Web3 achievements include:
- Surpassing USD 1 billion in transfer turnover from Web3 clients1
- Securing over 80% 2 of Virtual Asset Trading Platform (VATP) clients’ banking needs in Hong Kong
- Onboarding more than 100 diverse and esteemed Web3 companies, establishing ZA Bank as the preferred banking partner for businesses operating in this rapidly evolving landscape
ZA Bank Alternate Chief Executive Devon Sin said: “Our commitment to stablecoin issuers is a testament to our dedication to the Web3 ecosystem. The past year has seen ZA Bank emerge as the unrivalled pioneer in Web3 banking.”
“With our new dedicated client accounts, we are tackling the unique challenges of stablecoin issuers head-on, promoting the growth and stability of the Web3 economy,” Sin added.
ZA Bank’s current business banking solution offers a comprehensive range of functionalities, catering to diverse financial needs. From FX services to seamless fund transfers, convenient payroll management, and various time deposit options, the Bank provides a robust and all-encompassing banking experience for users.
For more information about ZA Bank’s Web3 banking services or to discuss partnership opportunities, please download ZA Bank App; visit our website bank.za.group/en/business; or contact our Web3 banking team directly at business@za.group.
Companies In This Post
- Reset Raises $6 Million Seed Round Anchored by Credit Union Customers to Expand Embedded Earned Wage Access Platform Read more
- Members First Credit Union Selects Mahalo Banking to Modernize Digital Experience Alongside Core Transformation Read more
- Why Progressive Modernisation is the Smart Way to Upgrade Core Banking Read more
- Network International and Compass Plus Technologies Celebrate 20 years Powering Digital Payments Across Africa Read more
- Stopping Profit Leakage with Torus, payabl., and Raiffeisen Bank International Read more
SDB Wallet Launches Digital Wallet Services
SDB Wallet announces the launch of its digital wallet platform — multi-currency accounts, Mastercard cards, international transfers and digital-asset deposits in one secure app.
Crypto’s Missing Millions: Less Than a Quarter of UK Women Investing in ‘Masculine’ Currency
bunq reveals a significant gender gap in UK crypto adoption as British women view the currency as difficult to access and not designed for them
UAE-Headquartered Bybit Launches IPO Express
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services' xStocks, eligible retail investors worldwide can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded equities, starting with SpaceX as the inaugural offering.
Icon Solutions Showcases How Banks Can Accelerate Digital Asset Innovation with IPF
Icon Solutions has released a reference implementation showing how banks can use the IPF to accelerate support for payments processing using DLT-based digital assets
Money 20/20: Multicurrency Accounts with Direct Access to Stablecoin Rails Launch
Today, Triple-A, a licensed global payment institution, announces the launch of the European rollout of stablecoin-enabled Multicurrency Accounts, giving global businesses access to local banking collection rails without the need to set up a local entity. Targeted towards businesses with European customers and cross-border money movement needs, it provides a named EUR International Bank Account Number (IBAN) and enables the end-user to settle funds to their bank account, send them directly into stablecoin, or into local currency payouts in over 70 countries.
Clear Junction Group and Agant Partner to Support Institutional Access to Pound Sterling Stablecoin GBPA
Clear Junction Group, a global payments infrastructure provider serving financial institutions and cryptoasset businesses, has announced a UK-focused partnership between Clear Junction Digital Limited and Agant to support institutional access to GBPA, Agant’s Pound sterling stablecoin.
New Partnerships Bring Ripple’s USD-backed Stablecoin RLUSD to Türkiye
Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced that its enterprise-grade, USD-backed stablecoin Ripple USD (RLUSD) is now available to institutions in Türkiye through three new partnerships with BiLira, Bitexen and Bitlo.
Reset Raises $6 Million Seed Round Anchored by Credit Union Customers to Expand Embedded Earned Wage Access Platform
Reset, an embedded earned wage access platform built for credit unions and community banks, today announced it has raised $6 million in seed funding, bringing total capital raised to more than $8 million. The round was anchored by credit union customers and strategic partners in the credit union and community banking space.
Members First Credit Union Selects Mahalo Banking to Modernize Digital Experience Alongside Core Transformation
Members First Credit Union (‘Members First’) has selected Mahalo Banking’s Thoughtful Banking® platform as part of a broader technology modernization initiative to deliver a more flexible, intuitive, and future-ready digital banking experience for its members. The partnership aligns with the credit union’s transition to the Corelation Keystone core platform and reflects a strategic effort to strengthen digital agility and member engagement.
Why Progressive Modernisation is the Smart Way to Upgrade Core Banking
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Network International and Compass Plus Technologies Celebrate 20 years Powering Digital Payments Across Africa
Network International (Network), a leading fintech company across the Middle East and Africa (MEA), and Compass Plus Technologies, an international provider of retail banking and payments software, celebrated 20 years of collaboration and evolution as both companies remain committed to supporting digital payment innovation.
Stopping Profit Leakage with Torus, payabl., and Raiffeisen Bank International
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “The Power of Foresight” – Kunal Galav, Marija Nakevska and Jérémie Bouguéon, Pleo in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Volante Technologies Launches “Vol360i” Agentic AI at the Core of Payments, Setting a New Global Standard for Intelligence in Banking
Volante Technologies, the global leader in Payments as a Service (PaaS), today announced that its Payments Platform and PaaS operations are now powered by its “Vol360i” Agentic AI. The core upgrade unlocks autonomous and semi-autonomous collaboration to reduce manual intervention, significantly increasing straight-through processing (STP) rates to over 95%, accelerating exception resolution, and proactively managing SLA performance.