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Illiana Financial Credit Union Joins Metal Blockchain Banking Innovation Program
Exploring Blockchain Use Cases for Enhanced Financial Services
SAN FRANCISCO, CA / ACCESSWIRE / July 3, 2024 / Metallicus, the lead developer of Metal Blockchaina fundamental Layer 0 blockchain, announced today Illiana Financial Credit Union‘S enrollment in its Banking Innovation Program. This move means Illiana Financial Credit Union proactive approach to investigate the potential of blockchain technology and leverage Metallicus’ experience to grow its technological expertise.
“By joining our Banking Innovation Program, Illiana Financial Credit Union is playing a critical role in advancing our mission to transform the financial industry with blockchain technology,” commented Frank MazzaDirector of Blockchain for Institutions and Fintech at Metallicus. “We look forward to partnering with Illiana Financial Credit Union, providing them with the resources and expertise to drive innovation and adapt to the changing financial environment.”
“Blockchain technology has been on our radar for the past few years, so a partnership with Metallicus seems like a perfect fit. We look forward to tapping into their expertise and collaborating with other credit unions as we explore the possibilities and potential that blockchain technology can offer our members.” commented Jim HenmuellerCEO of Illiana Financial Credit Union.
Metal Blockchain’s Banking Innovation Program enables institutions like Illiana Financial Credit Union to navigate and adopt custom blockchain solutions, ensuring compliance with regulatory standards while addressing their specific operational needs. Drawing on Metallicus’ unparalleled blockchain expertise and distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants, and tailored development, positioning participants to lead and innovate within the dynamic financial sector.
The Metal Blockchain Banking Innovation Program is designed to support financial institutions’ journey to zero-cost blockchain technology. Focusing on 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, mitigate risk, and deliver unparalleled customer experiences.
Financial institutions interested in participating Metal Blockchain Banking Innovation Program can express their interest or find out more by contacting [email protected].
About Metal 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’s infrastructure enables developers to create customized solutions for a wide range of financial applications, driving innovation and growth within the global financial industry. Led by the vision of CEO Marshall Hayner, Metal Blockchain aims to transform the financial industry by embracing compliance-driven innovation.
From Illiana Financial Credit Union:
Founded in 1936, Illiana Financial is a community-based credit union headquartered in Calumet City, Illinois. With 23,000 members and $260 million in assets, the credit union serves communities in both Illinois and Indiana.
For media contacts:
Cesar Hernandez
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Illiana Financial
Jim Henmueller
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SOURCE: Metallic