News
Empower Federal Credit Union Joins Metal Blockchain Banking Innovation Program
San Francisco, California, June 6, 2024 (GLOBE NEWSWIRE) —
Metallicus, the lead developer of
Metallic blockchain
a foundational layer 0 blockchain, announced today
Strengthen the Federal Credit Union
enrollment in its Banking Innovation Program. This move means
Strengthen the Federal Credit Union
proactive approach to investigate the potential of blockchain technology and leverage Metallicus’ expertise to elevate its technological prowess.
“Empower Federal Credit Union’s involvement in our banking innovation program marks a key development in our efforts to innovate the financial industry with blockchain technology,”
commented
Franco Mazza
Blockchain Director for Institutions and Fintech at Metallicus.
“We look forward to partnering with Empower Federal Credit Union, equipping them with the expertise and resources needed to drive innovation and adapt to the changing financial landscape.
“Our collaboration with Metal Blockchain on their Banking Innovation Program will improve the security, transparency and efficiency of our services, giving our members peace of mind and a smoother banking experience,”
She said
Jin Gwak
Chief Information Officer, Empower Federal Credit Union.
“Through our participation in this program, we will be able to keep pace with today’s technological advances and provide innovative solutions that meet the evolving needs of our members and communities.”
Metal Blockchain’s Banking Innovation Program enables institutions such as
Strengthen the Federal Credit Union
to navigate and adopt customized blockchain solutions, ensuring compliance with regulatory standards and addressing their distinct operational needs. Drawing on Metallicus’ unrivaled blockchain expertise and a distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants and tailored development, positioning participants to lead and innovate in the dynamic financial sector.
The Metal Blockchain Banking Innovation Program is designed to support financial institutions’ journey into blockchain technology at no cost. With a focus on managing use cases around digital identity, single sign-on (SSO), private subnets, asset tokenization, and more, the program provides participants with the tools and resources needed to increase profitability, reduce costs, reduce risks and deliver unprecedented customer experiences.
Financial institutions interested in participating in the
Metal Blockchain Banking Innovation Program
they can express their interest or find out more by contacting us
bizdev@metallicus.com
.
###
About Metallic Blockchain:
Metal Blockchain, developed by Metallicus, is an innovative Layer 0 blockchain technology dedicated to addressing global financial challenges with its scalable, secure and decentralized infrastructure built on the foundation of BSA compliance. The versatile nature of Metal Blockchain infrastructure allows developers to create custom solutions for a wide range of financial applications, driving innovation and growth in the global financial industry. Driven by the vision of CEO Marshall Hayner, Metal Blockchain aims to transform the financial industry by embracing compliance-driven innovation.
From
Strengthen the Federal Credit Union
:
Empower Federal Credit Union is a nonprofit financial cooperative owned and operated by its members since its founding in 1939. Since then, Empower FCU has grown to more than $3.5 billion in assets, serving more than 250,000 members , with 26 branches throughout New York state. To find out more, visit
www.empowerfcu.com
.
Contact:
Will Cleaver
will be (at) metallicicus.com
For media contacts:
Cesare Hernandez
Omni public
813.277.6540
ch (at) omnipublic.global
Disclaimer: The information provided in this press release does not constitute a solicitation for investment, nor is it intended as investment advice, financial advice or business advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.
will (at) metallicus.com