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Crypto
Hecto Financial expands global payment networks, stablecoin settlement first-mover hopes
Hecto Financial is expanding its business base in the global digital-asset payment and settlement market by joining Circle Payments Network and the OpenUSD ecosystem, an analyst note said. The company’s foreign-exchange licence, cross-border partner network and bank transfer network could act as barriers to entry for new players, it said. LS Securities forecast 2026 revenue of 225 billion won, up 20 percent, and operating profit of 26 billion won, up 67 percent.
AI & Enterprise
ITcenCloit expands AWS cloud supply for public sector agencies
ITcenCloit said on Aug. 13 it completed registration of Amazon Web Services IaaS and cloud support services on the Digital Service Use Support System operated by the National Information Society Agency. The registration allows public institutions to introduce ITcenCloit’s AWS infrastructure buildout and cloud managed services through private or catalogue contracts without complex bidding procedures. The company said it will provide end-to-end services tailored to public agencies.
Crypto
Modern Treasury integrates stablecoin payments alongside ACH and wire transfers
Modern Treasury has introduced a payment service provider that handles stablecoin payments on the same infrastructure as ACH and wire transfers, Cointelegraph reported on Feb. 18. The update allows companies to operate cryptocurrency and fiat payments without separate vendors or technical integration. Stablecoins are processed under the same regulatory framework as traditional payment systems. Modern Treasury previously acquired Beam and added partnerships including Paxos, and joined networks supporting Global Dollar and USDC.