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Patelco Credit Union Joins Metal Blockchain Banking Innovation Program
Metallic
Exploring Blockchain Use Cases for Advanced Financial Services
San Francisco, California, May 16, 2024 (GLOBE NEWSWIRE) —
Metallicus, the lead developer of Metallic blockchain, a foundational layer-0 blockchain, today announced the enrollment of Patelco Credit Union in its Banking Innovation Program. This move is a testament to Patelco Credit Union’s proactive approach in investigating the potential of blockchain technology and leveraging Metallicus’ expertise to elevate its technological prowess.
“The inclusion of Patelco Credit Union in our Banking Innovation Program marks a key advancement in our commitment to revolutionize the financial industry with blockchain technology,” expressed Franco MazzaDirector Blockchain for Institutions and Fintech at Metallicus. “We are excited to partner with Patelco Credit Union, providing them with the tools and resources needed to drive innovation and thrive in the ever-changing financial terrain.”
Metal Blockchain’s Banking Innovation Program enables institutions like Patelco Credit Union to explore and adopt customized blockchain solutions, ensuring compliance with regulatory standards while addressing their specific operational needs. Drawing on Metallicus’ unrivaled blockchain expertise and a distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants and tailored development, positioning participants to lead and innovate in the dynamic financial sector.
The Metal Blockchain Banking Innovation Program is designed to support financial institutions’ journey into blockchain technology at no cost. With a focus on managing 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, reduce risks and deliver unprecedented customer experiences.
Financial institutions interested in participating in the Metal Blockchain Banking Innovation Program they can express their interest or find out more by contacting us bizdev@metallicus.com.
About Metallic 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 infrastructure allows developers to create custom solutions for a wide range of financial applications, driving innovation and growth in the global financial industry. Driven by the vision of CEO Marshall Hayner, Metal Blockchain aims to transform the financial industry by embracing compliance-driven innovation.
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About Patelco Credit Union:
Patelco Credit Union, headquartered in Dublin, California, is a nonprofit credit union committed to serving the financial health and well-being of its members. With 500,000 members, primarily in and around Northern California, Patelco is committed to improving the financial health and well-being of its members by offering personalized solutions, advice and expertise that enable members to live their best financial lives. Founded in 1936 with assets of $500 by employees of the Pacific Telephone and Telegraph Company, Patelco is among the most important US credit unions with assets of over $9 billion. For more information visit https://www.patelco.org/.
Contact Details:
Franco Mazza
frank.mazza (at)metallicus.com
Brian Davis:
bdavis (at) patelco.org
For media contacts:
Cesare Hernandez
Omni public
813.277.6540
ch (at) omnipublic.global
Disclaimer: The information provided in this press release does not constitute a solicitation for investment, nor is it intended as investment advice, financial advice or business advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.
CONTACT: Frank Mazza frank.mazza (at) metallicus.com
