Galaxy Group Signs MOU With CURRENC To Jointly Develop Innovative AI-Powered HR Solutions

Galaxy Payroll Group Limited (NASDAQ:GLXG, "Galaxy Group"))), a leading global payroll provider, announced today the signing of a Memorandum of Understanding (MOU) to jointly develop innovative AI-powered HR solutions. The partnership will combine Galaxy's payroll expertise with CURRENC's artificial intelligence technology to create advanced tools for modern workforce management.

The cooperation, as outlined in the MOU, will focus on the development of two key modules that leverage the combined strengths of both parties. The "AI HR & Payroll Manager" will integrate Galaxy's extensive payroll expertise with CURRENC's advanced AI capabilities to streamline and enhance HR and payroll operations. This module will also introduce cryptocurrencies, particularly stablecoins, as a payment option for payroll processing, aligning with the growing trend of digital payments and offering clients a more efficient and secure payment alternative.