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Fifth Third Bancorp Decreases Stake in Accenture PLC $ACN
americanbankingnews63d ago

Fifth Third Bancorp Decreases Stake in Accenture PLC $ACN

Fifth Third Bancorp cut its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 7.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 342,200 shares of the information technology services provider’s stock after selling 27,390 shares during the quarter. [...]

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Industry Executives Gather at Cregis Summit to Define the Future of Institutional Blockchain Finance
benzinga63d ago

Industry Executives Gather at Cregis Summit to Define the Future of Institutional Blockchain Finance

HONG KONG, Feb. 16, 2026 (GLOBE NEWSWIRE) -- During Consensus Hong Kong 2026, the "Institutional Payment & On-Chain Financial Infrastructure Summit," co-hosted by enterprise blockchain infrastructure and fintech service provider Cregis alongside Stable, Jsquare, and FutureCloud, was successfully held on February 9th afternoon at the Conrad Hong Kong. This closed-door summit brought together industry leaders from Conflux, SlowMist, Hex Trust, Tevau, Interlace, AWS, BlockOffice, Cynopsis, and Vesta Capital for in-depth discussions on core topics including stablecoins, institutional payments, on-chain financial infrastructure, security, and compliance.From Exploration to Expansion: Entering the Era of ScaleWith stablecoin market capitalization surpassing the $100 billion milestone, on-chain payments are transitioning from early adoption to mainstream financial systems. In his opening remarks, Cregis CTO Aaron Zhang emphasized: "We stand at a critical historical juncture: on-chain financial infrastructure is no longer a question of 'whether it's feasible' from a technical perspective, but rather 'how to scale' from an engineering and governance standpoint. Today's discussions will directly influence the evolution of the global financial system."Aaron reflected on how the early market was only familiar with personal wallets like MetaMask, struggling to understand the value proposition of "enterprise wallets." He noted that for cryptocurrency to truly integrate into the business world and become a stable, circulating "currency," enterprises must be able to securely and compliantly manage and utilize digital assets, a fundamentally different challenge from personal asset management.Based on this understanding, Cregis has built a three-tier technical architecture system anchored by security, compliance, and easy integration:A Security Foundation: Employing advanced technologies like MPC and HSM, functioning as a "vault" to safeguard private key security.A Compliance-Enabled Workspace: Through proprietary infrastructure like DIG, achieving traceable and auditable key access while integrating risk analysis and control.A Business Platform: Providing flexible workflows, multi-chain support, and blockchain risk management, seamlessly integrating with enterprise systems like payment engines, ERP, and OA to enable multi-scenario business applications, including asset management, cross-border payments, and trading.Aaron emphasized that this robust infrastructure enables clients to securely access global digital assets through a single platform, the foundation that has allowed Cregis to steadily expand to over 50 countries, serve nearly 3,500 enterprise clients, and maintain a zero-incident security record.Looking ahead, Cregis's strategy extends beyond "enterprise wallets" toward a grander vision: promoting the global adoption and application of stablecoins. The company has begun deploying custody services and actively pursuing VASP and related licenses, aiming to provide bank-like SaaS custody services for enterprises. The longer-term goal is to build a blockchain settlement system connecting various banks and replacing traditional clearing networks, potentially revolutionizing card payment networks to ultimately achieve "allowing enterprises to focus solely on business without worrying about asset management technical details, freely using globally circulating stable currencies issued by enterprises."Aaron stated that Cregis's mission is to continuously build critical infrastructure and collaborate with partners to drive crypto economy integration ...Full story available on Benzinga.com

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Principal Financial Group Inc. Increases Position in PTC Therapeutics, Inc. $PTCT
watchlistnews63d ago

Principal Financial Group Inc. Increases Position in PTC Therapeutics, Inc. $PTCT

Principal Financial Group Inc. increased its holdings in PTC Therapeutics, Inc. (NASDAQ:PTCT – Free Report) by 25.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 67,677 shares of the biopharmaceutical company’s stock after purchasing an additional 13,677 shares during the quarter. Principal Financial Group [...]

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Thrivent Financial for Lutherans Purchases New Holdings in Invesco CEF Income Composite ETF $PCEF
themarketsdaily63d ago

Thrivent Financial for Lutherans Purchases New Holdings in Invesco CEF Income Composite ETF $PCEF

Thrivent Financial for Lutherans purchased a new stake in Invesco CEF Income Composite ETF (NYSEARCA:PCEF – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 41,562 shares of the company’s stock, valued at approximately $830,000. Thrivent Financial for Lutherans owned approximately 0.10% [...]

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Insider Selling: Dundee Precious Metals (TSE:DPM) Insider Sells C$385,084.20 in Stock
watchlistnews63d ago

Insider Selling: Dundee Precious Metals (TSE:DPM) Insider Sells C$385,084.20 in Stock

Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) insider William John Jr. Decooman sold 7,671 shares of Dundee Precious Metals stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of C$50.20, for a total value of C$385,084.20. Dundee Precious Metals Price Performance TSE DPM opened at C$51.95 [...]

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Principal Financial Group Inc. Purchases 31,236 Shares of Wheaton Precious Metals Corp. $WPM
thelincolnianonline63d ago

Principal Financial Group Inc. Purchases 31,236 Shares of Wheaton Precious Metals Corp. $WPM

Principal Financial Group Inc. raised its holdings in shares of Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) by 226.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 45,043 shares of the company’s stock after purchasing an additional 31,236 shares during the quarter. Principal Financial Group Inc.’s holdings in Wheaton Precious Metals [...]

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Pi Network Price Slides Post Mainnet Event: Where PI Price Goes Now?
coinpedia63d ago

Pi Network Price Slides Post Mainnet Event: Where PI Price Goes Now?

The post Pi Network Price Slides Post Mainnet Event: Where PI Price Goes Now? appeared first on Coinpedia Fintech NewsPi Network price today trading under pressure as the broader crypto market cooled and traders reduced exposure across speculative assets. The token had rallied ahead of its long-awaited mainnet milestone, but instead of continuation, price reversed sharply once the mainnet event went live. The reaction immediately changed market tone, momentum disappeared and supply surfaced quickly. ...

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Lebanon aims to bridge gaps in recovery plan with the IMF
arabnewspk63d ago

Lebanon aims to bridge gaps in recovery plan with the IMF

article author: Asharq BloombergAuthor: Mon, 2026-02-16 12:28BEIRUT: Lebanese Prime Minister Nawaf Salam stated that his government can overcome differences with the International Monetary Fund regarding a draft law that would allow depositors to recover billions of dollars stuck in the struggling banking sector.In December, Salam’s government approved a rule known as the Financial Gap Law, which allows depositors to withdraw up to $100,000 each over the next four years, with larger amounts being converted into bonds backed by central bank assets. The cash withdrawals will be financed by local banks and the regulatory authority.Main category: Business & EconomyFinanceTags: LebanonFinancial Gap LawInternational Monetary Fundinternational bonds

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