Connect with us

Technology

Alchemy Pay Expands U.S. Compliance with Four New Money Transmitter Licenses

Published

on

SINGAPORE, Nov. 8, 2024 /PRNewswire/ — Alchemy Pay, a world-leading fiat-crypto payment solutions provider, is excited to announce that it has secured 4 additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These new licenses bring Alchemy Pay’s total to 8 U.S. state licenses, following its earlier approvals in Arkansas, Iowa, New Hampshire, and New Mexico. This accomplishment further underscores Alchemy Pay’s dedication to regulatory compliance and building a trusted infrastructure in the U.S. market.

With these 4 new licenses, Alchemy Pay can now expand its secure and regulated crypto services to residents and businesses across these states, enhancing accessibility for users looking to seamlessly transact between fiat and cryptocurrencies via its on and off-ramp service. This development aligns with Alchemy Pay’s dedication to setting high standards for compliant growth in Web3—a landscape now seen as especially promising under the recent pro-crypto sentiment in the U.S. market.

“Our mission is to build a robust and compliant infrastructure that connects the traditional financial system with the decentralized crypto economy,” said Romeo Luo, Chief Revenue Officer at Alchemy Pay. “Securing MTL licenses in Minnesota, Oklahoma, Oregon, and Wyoming strengthens our foothold in the U.S. market, where the crypto economy is poised for tremendous potential. We’re proud to be setting high standards in the evolving Web3 landscape, especially in the U.S., a market with vast opportunities for growth.”

Alchemy Pay’s compliance-first approach ensures its services meet each state’s regulatory framework, building a foundation of trust for its partners and users alike. Already trusted by over one million registered users globally, Alchemy Pay has processed millions in transaction volume yearly and is recognized by leading payment giants Visa and Mastercard as an authorized third-party service provider. Additionally, Alchemy Pay is registered as a Money Services Business (MSB) in Canada, further solidifying its commitment to global compliance. The company continues to pursue additional licenses across key regions, including Hong Kong, Australia, South Korea, Singapore, and Europe, with a target of securing 20 new licenses globally to further its vision of a connected, compliant crypto economy.

With its growing regulatory network, Alchemy Pay is positioned to empower Web3 projects, exchanges, and wallets across the U.S. to confidently expand their operations and drive crypto adoption. The acquisition of these MTLs underscores Alchemy Pay’s commitment to a secure, accessible, trustworthy and scalable crypto payment ecosystem that thrives in both the U.S. and the global market.

About Alchemy Pay

Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Website Twitter LinkedIn Medium YouTube Telegram Discord

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/alchemy-pay-expands-us-compliance-with-four-new-money-transmitter-licenses-302299977.html

SOURCE Alchemy Pay

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Never Seen Underwater Imagery Honors WWII Submariners

Published

on

By

NEW YORK, Nov. 8, 2024 /PRNewswire/ — The Lost 52 Project, is honoring the memory and sacrifice of our WWII naval heroes by releasing private expedition photogrammetry footage of their submarine discoveries that span over 14 years.

The Lost 52 Project.org founded by celebrated ocean explorer and Underwater Robotics Company Founder, Tim Taylor, has unveiled never-before-seen photogrammetry footage of multiple WWII submarine discoveries, highlighting a significant milestone in the field of underwater archaeology.

The successful subsea expeditions led by the Lost 52 Project have documented the final resting sites of WWII submarines USS R-12, USS S-26, USS S-35 USS S-28, USS Grayback, USS Grunion, USS Harder and the Sumner Class Destroyer Mannert L Abele. These are underwater graves of 452 servicemen (including two Brazilian Officers) who proudly served aboard these vessels.

In recognition of their remarkable accomplishments, the Lost 52 Project has been awarded the prestigious Brazilian Navy League Medal of Honor and the project’s founder, Tim Taylor, has been honored as an honorary Brazilian submariner and conferred with the US Navy’s Distinguished Public Service Award, the highest civilian medal issued by the Navy.

The Lost 52 Project has garnered international acclaim with JAMSTEC (Japan Agency for Marine-Earth Science and Technology) hailing it as the first and most comprehensive offshore underwater archaeological expedition in the Pacific waters. The project’s recent 2023/2024 expedition was conducted in collaboration with the National Museum of the Philippines, an esteemed institution dedicated to the preservation of Filipino heritage.

Tim Taylor, CEO of Tiburon Subsea Inc. and a renowned expert in underwater robotics, expressed his enthusiasm for the project’s groundbreaking advancements in historical preservation. He states: “Through the utilization of cutting-edge 4D modeling photogrammetry technology, the Lost 52 Project has created unparalleled archaeological records that provide invaluable insights into our shared naval history.”

For more information about the groundbreaking work of the Lost 52 Project and Tim Taylor’s dedication to marine exploration, please contact Christine Dennison, Media Relations, at 212-744-6763 or via email at 386007@email4pr.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/never-seen-underwater-imagery-honors-wwii-submariners-302300290.html

SOURCE Lost 52 Project

Continue Reading

Technology

Rexton Introduces Rexton Reach inoX-CIC Li: A Rechargeable, Discreet Hearing Aid for Modern Lifestyles

Published

on

By

The durable hearing aid offers wearers an invisible, convenient solution with advanced stabilization technology that improves hearing in even the most challenging listening situations. 

ISELIN, N.J., Nov. 8, 2024 /PRNewswire/ — Expanding on its recently announced Rexton Reach hearing aid platform, hearing aid manufacturer Rexton has launched the Rexton Reach inoX-CIC Li, a rechargeable completely-in-canal (CIC) hearing aid that allows wearers to be fully involved in every conversation, even in challenging listening environments.

Rexton Reach inoX-CIC Li features an instant-fit design that fits comfortably within the ear canal, making it ideal for individuals with mild to moderate hearing loss who value both discretion and rechargeability.

Joining the Rexton Reach platform alongside the Rexton Reach R-Li T, a rechargeable receiver-in-canal (RIC) hearing aid, Rexton Reach inoX-CIC Li ensures that every voice in a conversation is clear and recognizable.

“We introduced the Rexton Reach hearing aid platform to empower wearers to fully participate in group conversations and hear multiple voices simultaneously, even amidst background noise. The Rexton Reach inoX-CIC Li expands on that mission by offering a discreet solution for wearers who may have previously rejected hearing aids due to their appearance, prioritize invisibility and want the convenience of rechargeability. For HCPs, it’s an easy-to-fit option for patients who don’t want the traditional look of receiver-in-canal hearing aids,” said Kerrie Coughlin, Vice President Brand Marketing at WSAudiology.

Rexton Reach inoX-CIC Li: An Invisible Rechargeable Hearing Aid

Rexton Reach inoX-CIC is equipped with Rexton’s voice stabilizer technology that creates differentiation between closer and farther away speakers so wearers can focus on voices they need to hear while also hearing them at the right volumes.

The hearing aids connect seamlessly with smartphones via the Rexton App, enabling users to control volume, programs, sound balance, and access remote care with ease. They feature an impressive wear time of up to 28 hours. They are fully charged in four hours via USB or wireless Qi charging, with a 30-minute fast charge adding up to six hours of runtime. They can also be charged on-the-go with a stylish charging case that holds up to four full charges.

Rexton Reach inoX-CIC Li features a robust Lifeproof® design that can withstand the drops, splashes, and scratches of everyday life and is built with rugged components that are extensively tested to ensure they can withstand whatever life throws at them. It also features an ATEX certification, which verifies that they are tested and approved to be intrinsically safe for use in potentially explosive environments.

“Rexton Reach inoX-CIC Li represents the perfect blend of discretion, performance, and convenience,” continued Coughlin. “Wearers look for hearing aids that not only help them hear better but also fit seamlessly into their lives. This new addition to our Rexton Reach platform achieves that goal. By providing a hearing aid that is both reliable and discreet, we’re empowering users to confidently participate in every aspect of their personal and professional lives.”

Rexton Reach inoX-CIC Li is available in Mocha and Black color options. It’s available at select hearing care professionals (HCPs), HearUSA centers, and Costco Hearing Centers nationwide.

For more information about Rexton Reach and its features and availability, visit www.rexton.com. For hi-res photography, click here.

About Rexton
Rexton is a global hearing aid brand established in 1955. At Rexton, we believe that nothing hearing related should ever be left to chance, both for the people with hearing loss, and those who depend upon them. We understand the challenges those with hearing loss face, and in response we offer proven hearing technology that is made Lifeproof, so it can be counted upon to perform reliably in even the most challenging of environments. At work, at home, in harsh weather or climates, you can always RELY ON REXTON.

Media Contact:
Dan Griffin
Griffin360
386059@email4pr.com
212-481-3456

View original content:https://www.prnewswire.com/news-releases/rexton-introduces-rexton-reach-inox-cic-li-a-rechargeable-discreet-hearing-aid-for-modern-lifestyles-302300289.html

SOURCE Rexton

Continue Reading

Technology

MARPAI TO HOST WEBCAST ON NOVEMBER 12, 2024 TO DISCUSS THIRD QUARTER 2024 FINANCIAL RESULTS

Published

on

By

TAMPA, Fla., Nov. 8, 2024 /PRNewswire/ — Marpai, Inc. (“Marpai” or the “Company”) (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries. We’re transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans. The Company will host a conference call and webcast on Tuesday, November 12 at 8:30 a.m. ET to present the Company’s operational and financial highlights for its third quarter 2024. The Company will report its third quarter results on Monday after the market close.

Event:

Marpai Third Quarter Financial Results Conference Call

Date:

November 12, 2024

Time:

8:30 a.m. Eastern Time

Call:   

US: 1-646-357-8785 / Toll Free: 1-800-836-8184

Webcast:   

https://app.webinar.net/Jd298rR8DBe

To instantly join the conference call by phone, please use the following link to easily register close to the call start time. After registering, the system will call you instantly and connect you into the conference call automatically: https://emportal.ink/4f2qTxJ

Alternatively, you may dial in to the conference call by calling 1-646-357-8785 or 1-800-836-8184 and you will be connected to the call by an Operator.

You may also stream the call by Webcast by following this link: https://app.webinar.net/Jd298rR8DBe. The webcast replay will be available at the same URL within 2 hours of the end of the call. A replay of the call will be available within 2 hours of the end of the call until November 19, 2024 by calling 1-646-517-4150 or 1-888-660-6345 and entering the replay code, 07499 #.

About Marpai, Inc.

Marpai, Inc. (OTCQX: MRAI) is a technology platform company which operates subsidiaries that provide TPA and value-oriented health plan services to employers that directly pay for employee health benefits. Primarily competing in the $22 billion TPA sector serving self-funded employer health plans representing over $1 trillion in annual claims. Marpai works to deliver the healthiest member population for the health plan budget. Operating nationwide, Marpai offers access to leading provider networks including Aetna and Cigna and all TPA services. For more information, visit https://ir.marpaihealth.com the content of which is not incorporated by reference into this press release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/marpai-to-host-webcast-on-november-12-2024-to-discuss-third-quarter-2024-financial-results-302300301.html

SOURCE Marpai

Continue Reading

Trending