SÃO PAULO, BRAZIL / ACCESSWIRE / May 5, 2022 / The contemporary world of today is experiencing the rapid expansion and development of cryptocurrencies. Despite prior resistance towards the acceptance of digital assets, the realization of versatility and intense competition for Web 3.0 has influenced conventional financial institutions to reevaluate the use of digital currencies in the hope that these assets will propel banking institutions into a new era of innovation and efficiency. As part of its efforts to contribute to this burgeoning breakout of automation, the Dubai-based investment firm, ICICB Group, has positioned itself at the forefront of the digital transformation across major industries. ICICB is entering the realm of the crypto space within Latin America, where priority of innovation is still lacking in financial sectors through the launch of an innovative digital bank in Brazil.

The high-tech investment specialist, ICICB, has featured prominently in successfully incubating novel methods and initiatives with a focus on the ongoing digital financial revolution. They have established a global presence in over 26 countries due to their dynamic ability to exceed client expectations. With a diverse set of licenses ranging from FinTech to hedge funds and a variety of other financial permits, the group's profits have increased from US$800 million to US$1.4 billion by the end of 2021. ICICB is constantly leveraging smarter technologies to improve client experiences across multiple industries. ICICB will soon launch its one-of-a-kind crypto bank in Brazil, harnessing cutting-edge automation and artificial intelligence. The firm obtained a license to open a digital bank and cryptocurrency exchange in Brazil, with the goal of improving access to financial services for businesses and institutions. The ICICB's mission includes absorbing the growth in blockchain solutions and transmitting the benefits to emerging markets like Brazil.

With its digital bank, the innovative giant plans to offer a vast array of services that the firm has mastered from other global markets while paying keen attention to client requirements in Brazil. Among the many services and products that the bank prepares to provide is fiat-crypto conversion, ATM services, retail banking, monetary remittances, trading leveraged by AI, credit facilities, as well as stable exchange rates, the custody of crypto and fiat, decentralized crypto wallets and other prosperous innovative products. To ensure the highest level of regulatory compliance, ICICB implements a robust AML compliance framework. Moreover, the investment pioneer has implemented policies to counterbalance the risks associated with trade in crypto assets to provide a sense of security in Latin America.

Furthermore, the Group has asserted that big data and machine learning will be used to gain a better understanding of future trends, changes, and motivations of their ideal client base. As a result of this, ICICB's Brazilian crypto bank will develop a competitive and diverse solution that provides tailored financial services based on clients' aspirations. ICICB aims to redefine the ease and simplicity with which banking transactions are conducted in a crypto and fiat lifestyle.

Overall, the Group has a long track record of generating revolutionary new businesses and propositions with rigorous discipline and pace, spanning the entire scope of potentials, from initial strategy to technical development. The launch of the crypto bank will be a significant milestone for ICICB's emerging growth in the digital financial world.

About ICICB Group

ICICB is an investment holding company specialised in financial services and investment offerings. Emerging as one of the fastest-growing multinational investment companies, they are based in Dubai, United Arab Emirates. The group serves a variety of industries including digital banking, consulting, medical care, commercial real estate, and more. Over the past few years, ICICB's mission has been the development and advancement of digital technology, integrated with everyday life to increase efficiency and sustainability. For more information, please visit https://www.icicb.com

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SOURCE: ICICB