SCB

Skymark Tops Out as Tallest Residential Tower in Capital Region

Retrieved on: 
Friday, October 20, 2023

RESTON, VA, Oct. 20, 2023 (GLOBE NEWSWIRE) -- On October 19, Clark Construction Group joined representatives from BXP to celebrate the topping out of Skymark Reston Town Center, the tallest mixed-use residential tower in the Capital Region.

Key Points: 
  • RESTON, VA, Oct. 20, 2023 (GLOBE NEWSWIRE) -- On October 19, Clark Construction Group joined representatives from BXP to celebrate the topping out of Skymark Reston Town Center, the tallest mixed-use residential tower in the Capital Region.
  • The project is part of the next phase of BXP’s new transit-oriented development that expands Reston Town Center in Fairfax County, Virginia.
  • The residential high-rise will deliver 464 units and is built over a podium containing ground-floor retail, 44 loft-style residential units, and 80,000 square feet of office space across four stories.
  • Skymark comes on the heels of the successful delivery of 1950 and 2000 Opportunity Way, the first two office buildings at the expansion of BXP’s Reston Town Center.

OKX Showcases Commitment to the Bahamas at D3 FinTech Festival

Retrieved on: 
Thursday, October 12, 2023

OKX Head of Compliance Bahamas Ianthe Tynes speaking panel: "A Caribbean Web3 Future"

Key Points: 
  • OKX Head of Compliance Bahamas Ianthe Tynes speaking panel: "A Caribbean Web3 Future"
    NASSAU, Bahamas, Oct. 12, 2023 /PRNewswire/ -- OKX , a world-leading Web3 technology company, underscored its dedication to the Bahamas as an emerging hub for digital assets during the recent D3 Bahamas FinTech Festival.
  • Through a series of speaking engagements, OKX executives highlighted the country's forward-thinking regulatory environment and support of technology innovation.
  • Ianthe Tynes, OKX Head of Compliance in the Bahamas, spoke on a panel exploring the Caribbean's Web3 potential.
  • OKX's involvement in the conference underscores its positive outlook and deep commitment to the Bahamas as a jurisdiction.

OKX Showcases Commitment to the Bahamas at D3 FinTech Festival

Retrieved on: 
Thursday, October 12, 2023

OKX Head of Compliance Bahamas Ianthe Tynes speaking panel: "A Caribbean Web3 Future"

Key Points: 
  • OKX Head of Compliance Bahamas Ianthe Tynes speaking panel: "A Caribbean Web3 Future"
    NASSAU, Bahamas, Oct. 12, 2023 /PRNewswire/ -- OKX , a world-leading Web3 technology company, underscored its dedication to the Bahamas as an emerging hub for digital assets during the recent D3 Bahamas FinTech Festival.
  • Through a series of speaking engagements, OKX executives highlighted the country's forward-thinking regulatory environment and support of technology innovation.
  • Ianthe Tynes, OKX Head of Compliance in the Bahamas, spoke on a panel exploring the Caribbean's Web3 potential.
  • OKX's involvement in the conference underscores its positive outlook and deep commitment to the Bahamas as a jurisdiction.

'SIAM PARAGON NEXT TECH x SCBX,' The Collaborative Tech Ecosystem at Siam Paragon

Retrieved on: 
Wednesday, October 11, 2023

"SIAM PARAGON NEXT TECH x SCBX," is 'the Collaborative Tech Ecosystem' with a floorspace of over 4,000 square meters on the 4th floor of Siam Paragon.

Key Points: 
  • "SIAM PARAGON NEXT TECH x SCBX," is 'the Collaborative Tech Ecosystem' with a floorspace of over 4,000 square meters on the 4th floor of Siam Paragon.
  • ' To cater to future lifestyles in every facet, Siam Paragon has partnered with esteemed leaders in its ecosystem to co-create 'SIAM PARAGON NEXT TECH x SCBX,' the Collaborative Tech Ecosystem.
  • SIAM PARAGON NEXT TECH x SCBX is a testament to the dynamic synergy between Siam Paragon and a collaborative network of partners.
  • "The launch of SIAM PARAGON NEXT TECH x SCBX, the Collaborative Tech Ecosystem, signifies a remarkable shit in the shopping center and retail landscape.

SCBX and Hashed Forge Strategic Partnership to Drive Web3 Technology Innovation

Retrieved on: 
Thursday, September 28, 2023

Hashed, known for its unwavering commitment to fostering the mass adoption of Web3 technologies, has aligned its vision with SCBX's goals.

Key Points: 
  • Hashed, known for its unwavering commitment to fostering the mass adoption of Web3 technologies, has aligned its vision with SCBX's goals.
  • The memorandum of understanding (MOU) signed between SCBX and Hashed solidifies a strategic research and development partnership that will explore the potential of Web3 technology in various business areas.
  • Both SCBX and Hashed will pool resources to drive research that not only advances technology but also explores ways to integrate blockchain innovations into SCBX's affiliates and services.
  • By leveraging SCBX's established position in the Thai financial sector and Hashed’s expertise in Web3 technology, the collaboration is set to drive meaningful advancements in the realm of decentralized technology and innovation.

Baxia Markets Empowers Traders: Expands Trading Opportunities

Retrieved on: 
Thursday, September 28, 2023

MAHE, SEYCHELLES, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Baxia Markets, a pioneering online trading platform known for its innovative approach to forex and CFD trading, unveils expansion of its services to provide traders with an even broader array of trading opportunities.

Key Points: 
  • MAHE, SEYCHELLES, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Baxia Markets, a pioneering online trading platform known for its innovative approach to forex and CFD trading, unveils expansion of its services to provide traders with an even broader array of trading opportunities.
  • Nash Wadud, CEO of Baxia Markets, underscores the significance of these developments, stating, "Today's traders seek flexibility, an extensive range of options, and educational support that empowers them to make informed trading decisions.
  • Baxia Markets now offers an enhanced array of trading instruments, enabling traders to diversify their portfolios like never before.
  • These enhancements underline Baxia Markets' commitment to providing traders worldwide with outstanding opportunities while adhering to regulatory compliance and prioritizing customer satisfaction.

Stablecoin Studio, an open source SDK, now available on the Hedera network, enabling any organization to easily build stablecoin applications

Retrieved on: 
Wednesday, September 13, 2023

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Token 2049 -- Stablecoin Studio, an open-source stablecoin issuance and management toolkit that makes it easy for Web3 stablecoin platforms, institutional issuers, enterprises, and payment providers to build stablecoin applications using Hedera network services, is now available on the public Hedera network. Stablecoin Studio provides organizations worldwide with an all-in-one toolkit that enables stablecoin issuers to quickly configure, issue, and manage bespoke stablecoins on the Hedera network. The toolkit offers oracle-based proof-of-reserves functionality, commercial custody provider integration points, and easily configured KYC/AML compliance functionality. Made available by Hedera, Swirlds Labs, The HBAR Foundation, and ioBuilders, Stablecoin Studio is open sourced on Hedera under an Apache 2.0 license.

Key Points: 
  • Stablecoin Studio provides organizations worldwide with an all-in-one toolkit that enables stablecoin issuers to quickly configure, issue, and manage bespoke stablecoins on the Hedera network.
  • Made available by Hedera, Swirlds Labs, The HBAR Foundation, and ioBuilders, Stablecoin Studio is open sourced on Hedera under an Apache 2.0 license.
  • "Having used Stablecoin Studio in our recent remittance POC, we are excited to see this toolkit released to the open source community.
  • We look forward to paving the way for the next stage of stablecoin development in the region, leveraging the groundbreaking Stablecoin Studio."

Digital Care Management Improves MSK Care, Force Therapeutics Report Shows

Retrieved on: 
Tuesday, July 18, 2023

NEW YORK, July 18, 2023 /PRNewswire/ -- Force Therapeutics, the leading musculoskeletal (MSK) digital care management platform, announced today the release of a new report demonstrating that its virtual care management and remote engagement platform resulted in clinically significant improvements in patient-reported outcomes (PROs) including pain, function, mental health, and activities of daily living in MSK patients.

Key Points: 
  • Upcoming CMS incentives require providers to drive high-quality, value-based care through stronger patient engagement and care pathway compliance
    NEW YORK, July 18, 2023 /PRNewswire/ -- Force Therapeutics, the leading musculoskeletal (MSK) digital care management platform, announced today the release of a new report demonstrating that its virtual care management and remote engagement platform resulted in clinically significant improvements in patient-reported outcomes (PROs) including pain, function, mental health, and activities of daily living in MSK patients.
  • 90% of patients reported being "satisfied" or "very satisfied" with their surgical episodes combined with Force Therapeutics' care management plans.
  • "Providers must be prepared for the increasingly rigorous requirements surrounding care quality and outcomes, which necessitate the implementation of holistic digital and remote care solutions," said Bronwyn Spira, CEO and founder, Force Therapeutics.
  • "Without a comprehensive digital care strategy and strong patient engagement, providers will find it difficult to succeed in the rapidly evolving MSK care landscape," said Mark Lieberman, President and co-founder, Force Therapeutics.

Shinhan Bank, SCB TechX and Other Financial Institutions Successfully Complete Second Stablecoin Remittances Pilot on the Hedera Network

Retrieved on: 
Tuesday, July 18, 2023

The PoC was built on the highly-efficient and eco-friendly Hedera open-source public network.

Key Points: 
  • The PoC was built on the highly-efficient and eco-friendly Hedera open-source public network.
  • The PoC is EVM-compatible, meaning that any EVM-based stablecoin issuers can participate using the framework going forward.
  • This PoC is a continuation of Shinhan Bank's previous work that started in 2021, when they partnered with Standard Bank on stablecoin international remittances (see https://hedera.com/blog/shinhan-bank-to-conduct-stablecoin-international... ).
  • The second pilot's success marks a significant milestone in the quest for efficient, low-cost, cross-border payments.

Northern Trust Corporation announces 2023 Stress Capital Buffer

Retrieved on: 
Saturday, July 1, 2023

Based on the 2023 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level.

Key Points: 
  • Based on the 2023 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level.
  • The SCB will be effective from October 1, 2023, to September 30, 2024, and will equate to a minimum common equity tier 1 (CET1) ratio of 7 percent.
  • “The results of the Federal Reserve’s annual CCAR continue to illustrate the strength of our capital position and business model,” Chairman and Chief Executive Officer Michael O’Grady said.
  • “We look forward to continuing our planned capital actions.”
    Northern Trust intends to maintain its quarterly cash dividend on common stock of $0.75 per share, subject to approval by its board of directors, and will continue to take an opportunistic, considerate approach in its evaluation of potential common stock repurchases given its strong capital position, prevailing market conditions, and other factors.