Tag: Set Up
$9 Trillion Asset Management Firm Blackrock To Add Bitcoin Trading To Its Services
The world’s largest assets manager, BlackRock, is looking to allow its clients to trade cryptocurrencies. The mega asset manager is looking to start its offering with client support trading, before proceeding to offer its own credit facility for crypto trading. This is according to sources familiar with the plans. BlackRock has previously shown a favorable
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Saudi Hospital Deploys Blockchain-Based Digital Credentialing
Opal aims to assist SMEs by making business transactions more efficient in the new normal environment
The Global Digital Business Account is an ideal financial tool for SMEs with global ambition and outreach. It provides named accounts to Opal's customers, making it convenient for their customers to receive payments quickly in major markets such as the US, UK, EU, and others.
Opal's new product offering also provides access to local payment networks in 21 countries. This allows payment to be made quickly and cheaply in countries such as the US, UK, Euro, China, and others. It provides easy access to these markets without the need to set up business operations in these territories.
Lim Ming Wang, Co-founder of Opal said, "We are aware SMEs face hurdles when it comes to business transactions on a global scale. They often face high charges and barriers such as unreasonable costs and delayed timings, while making payments or receive payments for their business. These issues are amplified in this post-covid era where cashflows need to unimpeded and every cost-saving is vital to a company's financial health."
He added "With the Global Digital Business Account, these issues are addressed and resolved. Our customers can operate almost like a local in various markets, with the same agility. It gives them the same advantage as larger MNCs and provide access to markets without the need to set-up business operations in multiple countries."
The Opal Global Digital Business Account can receive funds from up to 33 different currencies and send funds via a local payment network for 21 currencies. With its ability to receive, send, hold and convert funds, it helps SMEs streamline their business transactions and enjoy greater efficiencies.
It will provide great value to SMEs around the region who need to collect, make international payment via local network, and hold funds in multiple currencies
About Opal
Opal is a neo bank designed to best serve companies with international trade or business with transparent, safe, and easy-to-use financial-business solutions. Opal is a leading provider of end-to-end, regulated payments and financial solutions based on robust, proprietary technology. Opal offers businesses a broad set of financial solutions (consisting of multicurrency global digital business accounts, cross-border payments to 180 countries, local payments, named accounts, escrow, and a suite of financing/credit products) to help clients meet their diverse needs in today's ever-changing financial and business environment.
Opal is a leading provider of end-to-end, regulated payment solutions based on a robust, proven platform and proprietary technology. Opal is licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore. For more information, please visit www.opalpayment.com
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comOpal, a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) has launched a Global Digital Business Account for SMEs. This latest product offering from Opal will allow businesses access to a less costly and more convenient form of international payment and cross-border banking.
How To Set Up an ASIC Miner for Bitcoin
Google Cuts User Account Compromises in Half With Simple Change
Salesforce DevOps Needs Guardrails
Fiserv acquires rival core vendor Finxact for $650m
Katana Inu: NFT Marketplace & Sales Event To Be Launched
Many would agree that NFTs have become tremendously popular, to the point that these non-fungible tokens are actively becoming more mainstream with each passing day. Similarly, the metaverse has also become extremely popular and so 2022 could be the year where both it and NFTs reach even grander heights of relevance. As such, there is [...]
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Another GameStop Pump and Dump
February 7, 2022 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Ethereum Name Service Director of Operations Brantly Millegan has come[...]
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