Club Malecon Card Promises Greater Spending Flexibility in Cuba

Club Malecon Card Promises Greater Spending Flexibility in Cuba

Larry Nussbaum plans to launch a gift card that will compete with Stonegate’s™ Cuba Mastercard: American plus all Cuba bound travelers, without restrictions. In an agreement finalized with the Cuban government, Nussbaum, of the Miami-based company International Port Corp. (IPC) has introduced the reloadable Club Malecon gift card in time for the holidays. Cuba Journal … Read more

In Conversation: David Seleski, CEO, Stonegate Bank

In Conversation: David Seleski, CEO, Stonegate Bank

The Cuba Journal sat down with David Seleski, CEO of Stonegate Bank, after his return from the historic flag raising ceremony in Havana on August 14th. The ceremony was one of many recent milestones in the brick-by-brick dismantling of the five-decade-old economic and ideological wall that has divided Cuba and the United States. Recently, Stonegate … Read more

Cuban Government Opens US Bank Account Amid Diplomatic Talks In Washington

Cuban Government Opens US Bank Account Amid Diplomatic Talks In Washington

Yesterday the State Department confirmed that the Cuba government is seeking to establishing a banking relationship with a US bank.  Today, we have learned that bank is South Florida-based Stonegate Bank. “We hope this is the initial step to normalize banking ties between the two countries, which will benefit American companies wanting to do business … Read more