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Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami's Reserves In Bitcoin

PYMNTS

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting.

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Thunes launches regional hub in the US to facilitate LATAM expansion

The Paypers

Singapore-based fintech Thunes has set up a new regional hub in Miami in order to further expand its services into the region.

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Spreading out the asset risk

ABA Community Banking

The goal of the Miami-based firm — Capstack Technologies — is to create a national platform to sell or buy loans and deposits, giving small and regional banks access to national […] The post Spreading out the asset risk appeared first on ABA Banking Journal.

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Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

Notably, grant winners are located throughout the regions Popular Bank serves and focus on the areas of education and youth, health and supported living, and community development. Grant-making decisions are also based on the recommendations of the Region Evaluation Committees that are comprised of Popular Bank employees. New York, NY.

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Miami Draws More Startups to Fill the LatAm Payments Void

Payments Source

The World Bank estimates that just one in five in the region has a credit card, and most residents still lack access to a financial institution. By any account, cash still reigns in Latin America.

Miami 60
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FedEx’s Latest Latin America Logistics Push 

PYMNTS

This acquisition perfectly complements the roundtrip Colombia-to-Miami flight recently announced by FedEx Express,” said Udo Lange, the chief operating officer and incoming CEO of FedEx Logistics, per a statement by FedEx on Thursday (Aug. Amazon and Walmart are but two of the marquee names focusing their efforts on the region.

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Regions CEO Grayson Hall Named to Atlanta Fed Board

American Banker

Regions Financial President and CEO Grayson Hall and the CEO of a Miami bank have been elected to the board of the Federal Reserve Bank of Atlanta.

Atlanta 28