Fintech
Talent Infinity Resource Developments Inc: New Advisory Board Committee Formed
Vancouver, British Columbia–(Newsfile Corp. – June 3, 2022) – Talent Infinity Resource Developments Inc. (CSE: TICO), the “Company” or “Issuer”). The Company is also pleased to announce that it has formed an Advisory Committee of uniquely qualified individuals to provide specialized consulting to the the board to facilitate the company’s growth and development. Initially, it will consist of the following five members: Grand Master Yin Liang (Chairman), Mr. Chris Hung, Mr. Richard Haslinger, P. Eng., Kristian Whitehead, P.Geo., Mr. Jordan Romano, MIRHR., J.D., and Mr. Ron Ozols.
Grand Master Yin Liang (Chairman) has over 40 years of experience in education specializing in Buddhist philosophy. He has been sought out as an advisor in special situations for his unique and holistic approach to solving difficult problems for many people. His sensitivity, attention, understanding and caring for all sentient beings has allowed him to provide guidance to many in finding a solution that uniquely works for that individual in dealing with emotional, financial, investment, career, and spirituality issues. He is an advocate for promoting social welfare policies dedicated to elderly care and mental health. Grand Master Yin Liang is a respected philanthropist who has devoted his life to service and charity.
Mr. Chris Hung is a capital markets and corporate finance professional with more than two decades of investment banking experience. He has served as an officer of an investment bank and has extensive experience in handling a wide variety of international mergers and acquisitions transactions.
Mr. Richard Haslinger is a professional geological engineer with over 35 years of experience in the exploration industry. Richard has managed multi-disciplinary exploration and deposit delineation projects at sites located in Canada, the USA, and South Africa. He provided exploration guidance and drill program management of approximately $80 million and over 250 km of drilling as Vice President of Exploration for Keegan Resources (now Galiano Gold Inc.) on the discovery and delineation of the now producing Esaase gold deposit in Ghana, West Africa.
Mr. Kristian Whitehead is currently the Vice President of Exploration for 1111 Exploration Corporation and serving as QP and consulting geologist for NEW Target Mining Corporation both junior exploration companies with a focus on BC copper gold porphyry exploration targets.
Kristian was formerly the VP of Exploration for Eureka Resources Corporation, former Senior Project Managing Geologist for Hunter Dickinson Inc. & Taseko Mines and Consulting Project Geologist for Kootenay Silver Inc.’s flagship Promotorio mine located in Sonora, Mexico. Kristian has over 19 years of professional geological experience where he has managed and implemented numerous globally based strategic exploration and production projects with multi-million dollar operational budgets. In addition, Mr. Whitehead is the President, Founder & Sole owner of Infiniti Drilling Corporation which has and continues to provide the geological industry with local and remote global diamond drilling, exploration, mining and project management support since 2005.
Mr. Jordan Romano is a securities lawyer with his practice focusing primarily on the resource industry and emerging markets. Mr. Romano works with clients in the Canadian junior equity markets assisting with pre-seed financing rounds through to IPOs and M&A exits. Prior to receiving his J.D. from the University of Western Ontario, Mr. Romano completed his masters and undergraduate degrees at the University of Toronto. Mr. Romano has also worked extensively as a legal advisor for the start-up incubator programs at the University of Toronto and Sheridan College.
Mr. Ronald Ozols has been involved in the media industry for over 35 years, first with Southam Inc. from 1979 to 1996, Hollinger Corporation from 1996 to 2003, and Canwest News Services from 2003 to 2010. and eventually with the Postmedia Group. In addition Mr. Ozols has been involved in financing and serving on the boards of both private and public reporting companies.
Talent Infinity Resource Developments Inc.
Contact: Derrick Gaon, CEO
Email: [email protected] Telephone: (416) 904-1478
About TICO
Talent Infinity Resource Developments Inc. is a mineral exploration company focused on the acquisition, exploration and development of critical mineral properties. The Company is based in Vancouver, B.C. and holds an option over the Wildcat Property located in British Columbia.
Disclaimers
This news release contains forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The company disclaims any intention or obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis and other disclosure filings with Canadian securities regulators which is posted on www.sedar.com. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described stateherein and accordingly undue reliance should not be put on such. No regulatory authority accepts responsibility for the adequacy or accuracy of this release. The Company does not undertake to update this news release unless required by applicable law.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126386
Fintech
Central banks and the FinTech sector unite to change global payments space
The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.
Named after the Greek word for “marketplace,” this initiative stands at the forefront of exploring the potential of tokenisation to significantly enhance the operational efficiency of the monetary system worldwide.
Central to this pioneering project are the Bank of France (on behalf of the Eurosystem), the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York. These institutions have joined forces under the banner of Project Agorá, in partnership with an extensive assembly of private financial entities convened by the Institute of International Finance (IIF).
At the heart of Project Agorá is the pursuit of integrating tokenised commercial bank deposits with tokenised wholesale central bank money within a unified, public-private programmable financial platform. By harnessing the advanced capabilities of smart contracts and programmability, the project aspires to unlock new transactional possibilities that were previously infeasible or impractical, thereby fostering novel opportunities that could benefit businesses and consumers alike.
The collaborative effort seeks to address and surmount a variety of structural inefficiencies that currently plague cross-border payments. These challenges include disparate legal, regulatory, and technical standards; varying operating hours and time zones; and the heightened complexity associated with conducting financial integrity checks (such as anti-money laundering and customer verification procedures), which are often redundantly executed across multiple stages of a single transaction due to the involvement of several intermediaries.
As a beacon of experimental and exploratory projects, the BIS Innovation Hub is committed to delivering public goods to the global central banking community through initiatives like Project Agorá. In line with this mission, the BIS will soon issue a call for expressions of interest from private financial institutions eager to contribute to this ground-breaking project. The IIF will facilitate the involvement of private sector participants, extending an invitation to regulated financial institutions representing each of the seven aforementioned currencies to partake in this transformative endeavour.
Source: fintech.globa
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Fintech
TD Bank inks multi-year strategic partnership with Google Cloud
TD Bank has inked a multi-year deal with Google Cloud as it looks to streamline the development and deployment of new products and services.
The deal will see the Canadian banking group integrate the vendor’s cloud services into a wider portion of its technology solutions portfolio, a move which TD expects will enable it “to respond quickly to changing customer expectations by rolling out new features, updates, or entirely new financial products at an accelerated pace”.
This marks an expansion of the already established relationship between TD Bank and Google Cloud after the group previously adopted the vendor’s Google Kubernetes Engine (GKE) for TD Securities Automated Trading (TDSAT), the Chicago-based subsidiary of its investment banking unit, TD Securities.
TDSAT uses GKE for process automation and quantitative modelling across fixed income markets, resulting in the development of a “data-driven research platform” capable of processing large research workloads in trading.
Dan Bosman, SVP and CIO of TD Securities, claims the infrastructure has so far supported TDSAT with “compute-intensive quantitative analysis” while expanding the subsidiary’s “trading volumes and portfolio size”.
TD’s new partnership with Google Cloud will see the group attempt to replicate the same level of success across its entire portfolio.
Source: fintechfutures.com
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Fintech
MAS launches transformative platform to combat money laundering
The MAS has unveiled Cosmic, an acronym for Collaborative Sharing of Money Laundering/Terrorism Financing Information and Cases, a new money laundering platform.
According to Business Times, launched on April 1, Cosmic stands out as the first centralised digital platform dedicated to combating money laundering, terrorism financing, and proliferation financing on a worldwide scale. This move follows the enactment of the Financial Services and Markets (Amendment) Act 2023, which, along with its subsidiary legislation, commenced on the same day to provide a solid legal foundation and safeguards for information sharing among financial institutions (FIs).
Cosmic enables participating FIs to exchange customer information when certain “red flags” indicate potential suspicious activities. The platform’s introduction is a testament to MAS’s commitment to ensuring the integrity of the financial sector, mandating participants to establish stringent policies and operational safeguards to maintain the confidentiality of the shared information. This strategic approach allows for the efficient exchange of intelligence on potential criminal activities while protecting legitimate customers.
Significantly, Cosmic was co-developed by MAS and six leading commercial banks in Singapore—OCBC, UOB, DBS, Citibank, HSBC, and Standard Chartered—which will serve as participant FIs during its initial phase. The initiative emphasizes voluntary information sharing focused on addressing key financial crime risks within the commercial banking sector, such as the misuse of legal persons, trade finance, and proliferation financing.
Loo Siew Yee, assistant managing director for policy, payments, and financial crime at MAS, highlighted that Cosmic enhances the existing collaboration between the industry and law enforcement authorities, fortifying Singapore’s reputation as a well-regulated and trusted financial hub. Similarly, Pua Xiao Wei of Citi Singapore and Loretta Yuen of OCBC have expressed their institutions’ support for Cosmic, noting its potential to ramp up anti-money laundering efforts and its significance as a development in the banking sector’s ability to combat financial crimes efficiently. DBS’ Lam Chee Kin also praised Cosmic as a “game changer,” emphasizing the careful balance between combating financial crime and ensuring legitimate customers’ access to financial services.
Source: fintech.global
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