CURRENC Empowers Coin Cove with AI-Powered Electronic Banking Services Platform
CURRENC Group Inc. (Nasdaq: CURR) has secured a significant contract with Coin Cove to provide comprehensive AI-powered electronic banking solutions through its SEAMLESS AI Lab. The partnership includes implementing a trading platform supporting 150+ digital assets and 600 trading pairs, along with multi-asset collateral and settlement capabilities.
The solution features SEAMLESS AI Call Centre technology, offering 24/7 personalized support - an industry first. The platform will support 15+ fiat currencies and includes customizable wallet solutions. Key features encompass KYC processes, real-time customer support, transaction monitoring, and fraud detection systems.
This collaboration marks the debut of SEAMLESS AI Lab's 'AI Staff for Hire' service, with Coin Cove deploying pre-built AI Agents for staff training across various departments. The partnership also explores potential deployment of AI Agents to support over 320,000 SMEs in Oman, with discussions held with the Omani Ministry of Labour.
CURRENC Group Inc. (Nasdaq: CURR) ha ottenuto un contratto significativo con Coin Cove per fornire soluzioni bancarie elettroniche complete alimentate da intelligenza artificiale attraverso il suo SEAMLESS AI Lab. La partnership prevede l'implementazione di una piattaforma di trading che supporta oltre 150 asset digitali e 600 coppie di trading, insieme a capacità di garanzia multi-asset e di regolamento.
La soluzione presenta la tecnologia SEAMLESS AI Call Centre, che offre supporto personalizzato 24 ore su 24, 7 giorni su 7 - un primato nel settore. La piattaforma supporterà oltre 15 valute fiat e include soluzioni di portafoglio personalizzabili. Le caratteristiche principali comprendono processi KYC, supporto clienti in tempo reale, monitoraggio delle transazioni e sistemi di rilevamento delle frodi.
Questa collaborazione segna il debutto del servizio 'AI Staff for Hire' del SEAMLESS AI Lab, con Coin Cove che implementa agenti AI pre-costruiti per la formazione del personale in vari dipartimenti. La partnership esplora anche il potenziale impiego di agenti AI per supportare oltre 320.000 PMI in Oman, con discussioni in corso con il Ministero del Lavoro omanita.
CURRENC Group Inc. (Nasdaq: CURR) ha conseguido un contrato significativo con Coin Cove para proporcionar soluciones bancarias electrónicas integrales impulsadas por inteligencia artificial a través de su SEAMLESS AI Lab. La asociación incluye la implementación de una plataforma de trading que soporta más de 150 activos digitales y 600 pares de trading, junto con capacidades de colateral y liquidación multi-activo.
La solución cuenta con la tecnología SEAMLESS AI Call Centre, que ofrece soporte personalizado 24/7 - un hito en la industria. La plataforma soportará más de 15 monedas fiat e incluye soluciones de billetera personalizables. Las características clave abarcan procesos KYC, soporte al cliente en tiempo real, monitoreo de transacciones y sistemas de detección de fraude.
Esta colaboración marca el debut del servicio 'AI Staff for Hire' del SEAMLESS AI Lab, con Coin Cove desplegando agentes de IA preconstruidos para la capacitación del personal en varios departamentos. La asociación también explora el posible despliegue de agentes de IA para apoyar a más de 320,000 pymes en Omán, con discusiones mantenidas con el Ministerio de Trabajo de Omán.
CURRENC Group Inc. (Nasdaq: CURR)는 Coin Cove와 협력하여 SEAMLESS AI Lab을 통해 종합 AI 기반 전자 뱅킹 솔루션을 제공하기 위한 중요한 계약을 체결했습니다. 이 파트너십에는 150개 이상의 디지털 자산과 600개 거래 쌍을 지원하는 거래 플랫폼의 구현이 포함되며, 다중 자산 담보 및 정산 기능도 포함됩니다.
이 솔루션은 24시간 맞춤형 지원을 제공하는 SEAMLESS AI Call Centre 기술을 특징으로 하며, 이는 업계 최초입니다. 이 플랫폼은 15개 이상의 법정 통화를 지원하고 사용자 정의 가능한 지갑 솔루션을 포함합니다. 주요 기능에는 KYC 프로세스, 실시간 고객 지원, 거래 모니터링 및 사기 탐지 시스템이 포함됩니다.
이번 협업은 SEAMLESS AI Lab의 'AI Staff for Hire' 서비스의 데뷔를 의미하며, Coin Cove는 다양한 부서의 직원 교육을 위해 사전 구축된 AI 에이전트를 배포합니다. 이 파트너십은 또한 오만의 320,000개 중소기업을 지원하기 위해 AI 에이전트의 잠재적 배치를 탐색하며, 오만 노동부와 논의가 진행되고 있습니다.
CURRENC Group Inc. (Nasdaq: CURR) a sécurisé un contrat significatif avec Coin Cove pour fournir des solutions bancaires électroniques complètes alimentées par l'IA via son SEAMLESS AI Lab. Le partenariat comprend la mise en œuvre d'une plateforme de trading supportant plus de 150 actifs numériques et 600 paires de trading, ainsi que des capacités de garanties multi-actifs et de règlement.
La solution intègre la technologie SEAMLESS AI Call Centre, offrant un support personnalisé 24/7 - une première dans l'industrie. La plateforme prendra en charge plus de 15 devises fiat et inclut des solutions de portefeuille personnalisables. Les principales caractéristiques comprennent des processus KYC, un support client en temps réel, une surveillance des transactions et des systèmes de détection de fraude.
Cette collaboration marque le lancement du service 'AI Staff for Hire' du SEAMLESS AI Lab, avec Coin Cove déployant des agents IA pré-construits pour la formation du personnel dans divers départements. Le partenariat explore également le déploiement potentiel d'agents IA pour soutenir plus de 320 000 PME au Sultanat d'Oman, avec des discussions menées avec le ministère omanais du Travail.
CURRENC Group Inc. (Nasdaq: CURR) hat einen bedeutenden Vertrag mit Coin Cove abgeschlossen, um umfassende KI-gestützte elektronische Banklösungen über sein SEAMLESS AI Lab bereitzustellen. Die Partnerschaft umfasst die Implementierung einer Handelsplattform, die über 150 digitale Assets und 600 Handels-Paare unterstützt, sowie Multi-Asset-Sicherheiten und Abwicklungsfähigkeiten.
Die Lösung bietet die Technologie des SEAMLESS AI Call Centre, die 24/7 personalisierten Support bietet - ein Branchenneuheit. Die Plattform unterstützt über 15 Fiat-Währungen und umfasst anpassbare Wallet-Lösungen. Zu den Hauptmerkmalen gehören KYC-Prozesse, Echtzeit-Kundenservice, Transaktionsüberwachung und Betrugserkennungssysteme.
Diese Zusammenarbeit markiert das Debüt des 'AI Staff for Hire'-Dienstes des SEAMLESS AI Lab, wobei Coin Cove vorgefertigte KI-Agenten für die Schulung des Personals in verschiedenen Abteilungen einsetzt. Die Partnerschaft untersucht auch die potenzielle Bereitstellung von KI-Agenten zur Unterstützung von über 320.000 KMU im Oman, wobei Gespräche mit dem omanischen Ministerium für Arbeit geführt werden.
- Secured major contract with Coin Cove for comprehensive AI banking solutions
- Platform supports extensive trading capabilities: 150+ digital assets, 600+ trading pairs
- Potential expansion to serve 320,000+ SMEs in Oman
- Cross-selling opportunities for digital remittance and global airtime transfer services
- First-mover advantage with AI Staff for Hire service in banking sector
- Revenue impact and contract value not disclosed
- Implementation timeline and costs not specified
- Dependency on regulatory approval for expansion in Oman
Insights
CURRENC's partnership with Coin Cove represents a strategic expansion of its AI solutions into the regulated electronic banking sector. This comprehensive deal encompasses trading platform development, AI call center implementation, compliance tools, and the debut of CURRENC's "AI Staff for Hire" product—a potentially scalable revenue stream with recurring characteristics.
The contract's significance extends beyond immediate revenue, positioning CURRENC as a technology enabler for a pioneering electronic banking operation in Oman. The platform's robust capabilities—supporting 150+ digital assets and 600+ trading pairs—demonstrate technical depth and market readiness. The collaboration with Oman's Ministry of Labour potentially opens access to 320,000 SMEs, representing a substantial market expansion opportunity.
For a company with CURRENC's market capitalization (
While financial terms remain undisclosed, the breadth of services and explicit mention of plans to replicate this model with other electronic banking clients worldwide signals a potentially transformative growth vector that could meaningfully impact the company's financial trajectory.
This Coin Cove partnership showcases CURRENC's comprehensive AI banking solution suite in a real-world implementation—critical validation for their technology stack. The deployment spans core banking infrastructure (trading platform, wallet solutions, API integration) and innovative AI agent technology for customer service and operational functions.
What's particularly notable is the regulatory framework—Coin Cove operates under Central Bank of Oman oversight, demonstrating CURRENC's ability to deliver compliant solutions in regulated environments. Their "AI Staff for Hire" product addresses a fundamental industry challenge: efficiently scaling operations while maintaining regulatory compliance and service quality.
The 24/7 AI-powered support system represents a significant differentiation from traditional platforms relying on unmoderated forums. This directly addresses customer experience pain points in electronic banking while potentially reducing operational costs.
The Omani government engagement suggests potential for broader infrastructure-level implementations, extending beyond a single client relationship. For CURRENC, developing traction in emerging markets could provide valuable references for entering more established banking markets, where AI-driven operation optimization offers substantial efficiency gains for legacy institutions facing digital transformation challenges.
Pioneering Turnkey Solution Set to Transform Electronic Banking Experience
SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced that it has secured a landmark contract with Coin Cove, an institution providing electronic banking services, to provide Coin Cove with comprehensive, AI-powered electronic banking solutions through CURRENC’s SEAMLESS AI Lab, including a cutting-edge trading platform, trading and operating apps, customer inquiry and marketing centers, SEAMLESS AI Call Centre technology, training, compliance and risk management tools, website design and MasterCard issuance.
CURRENC has crafted a comprehensive spot and futures trading environment for Coin Cove, supporting over 150 digital assets and 600 trading pairs alongside multi-asset collateral and settlement. The platform also offers large-volume trading with locked-in rates to eliminate slippage, customizable wallet solutions integrating with various blockchain ecosystems, and seamless 24/7 operations through plug-and-play APIs. Over 15 fiat currencies are supported, providing flexibility for traders worldwide.
CURRENC will also provide Coin Cove with an AI call center and compliance solutions designed to address common electronic banking challenges such as customer onboarding or “KYC,” real-time customer support, transaction inquiries, price volatility, liquidity management, and fraud detection. Unlike traditional electronic banking platforms, which often rely on unmoderated public forums and chat groups for customer support, Coin Cove’s platform will integrate SEAMLESS AI Call Centre Agents to offer 24/7 personalized support, an industry first that will greatly elevate users’ electronic banking experience. Moreover, Coin Cove will leverage CURRENC’s real-time market insight and risk management modules to streamline operations, ensure compliance with regulatory requirements, monitor workflows, maintain KPIs at optimal levels, and improve overall trading efficiency.
Notably, CURRENC’s collaboration with Coin Cove marks the debut of SEAMLESS AI Lab’s “AI Staff for Hire.” Coin Cove will deploy CURRENC’s pre-built, customizable AI Agents to perform staff training across customer service, operations, compliance, finance, and IT; assist human personnel, and deliver comprehensive reporting, monitoring and performance scoring.
Recently, CURRENC and Coin Cove held a meeting with the Omani Ministry of Labour to explore the business development potential of deploying CURRENC’s AI Agents to support over 320,000 SMEs in Oman, as well as selected government departments of the Omani Government.
Looking ahead, CURRENC expects to sign similar agreements with other electronic banking worldwide, empowering them with real-time, AI-driven capabilities and comprehensive platform solutions that address the 24/7 demands of users while ensuring compliance and reliability. CURRENC will also strive to cross-sell its digital remittance services and global airtime transfer services to these new clients so as to create the maximum business synergy.
"We’re thrilled to see our SEAMLESS AI Lab shaping the future of electronic banking,” said Alex Kong, Founder and Executive Chairman of CURRENC. “Our groundbreaking AI-powered solutions will provide Coin Cove with smarter, faster, and more secure electronic banking transactions as well as real-time market analytics, optimized liquidity and enhanced risk management, setting new benchmarks for operational excellence and security in the global electronic banking market. We will continue pushing the boundaries of AI application as we expand our footprint in the electronic banking industry and beyond, advancing CURRENC’s mission to redefine financial services in the digital age."
Hon. Rakesh Rajagopal, Founder and CEO of Coin Cove, commented, "We’re pleased to collaborate with CURRENC to accelerate digitalization in the financial sector. As the first recipient of Oman's electronic banking license granted under the regulatory oversight of the Central Bank of Oman, Coin Cove is committed to driving digital transformation in the Sultanate and providing a trusted platform for electronic banking. With CURRENC’s support and advanced AI technology, we are set to deliver an exceptionally efficient and secure trading environment, positioning Coin Cove at the forefront of innovation in the evolving market.”
About CURRENC Group Inc.
CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.
About Coin Cove
Coin Cove is an Omani-registered and licensed entity, operating under the regulatory oversight of the Central Bank of Oman (CBO). As a trusted provider of compliant electronic banking services, Coin Cove integrates advanced AI technologies to deliver secure, efficient, and user-friendly trading solutions. The company enables approved individuals and institutions to seamlessly open accounts, complete rigorous Know-Your-Customer (KYC) and Anti-Money Laundering (AML) onboarding processes, and manage their funds.
By offering a fully regulated and secure gateway for electronic banking, Coin Cove bridges the gap between traditional finance and the digital economy. Its commitment to compliance, innovation, and customer-centric services underscores its mission to empower users to navigate the global electronic banking market with confidence and trust.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Investor & Media Contact
CURRENC Group Investor Relations
Email: investors@currencgroup.com
FAQ
What services will CURRENC (CURR) provide to Coin Cove in their 2025 partnership?
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How many fiat currencies does CURR's platform support for Coin Cove?
