Finance
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Steve Bannon spills, bank account may hold fraud evidence.
Steve Bannon’s legal woes intensify as he blocks financial scrutiny, potentially hiding proof of border wall fraud. The saga includes unpaid legal fees and constitutional defenses. #SteveBannon #LegalTroubles #WeBuildTheWall
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EquiLend, Big Apple’s FinTech giant, hit by cyber attack Network compromised.
EquiLend (@EquiLend) faces a cyber-attack that disrupts its network, highlighting the urgency for robust financial industry security measures. #CyberSecurity #FinTech #EquiLend
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Superdry’s sales plummet, loses fourth finance boss in five years.
Superdry appoints Giles David as interim finance chief amidst a strategic shift after a 23.5% sales dip and a £25.3m H1 loss. @Superdry aims for £40m savings to tackle debt.
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Sunbit secures $310m debt facility with Citi, fueling BNPL growth.
Sunbit has secured a $310 million boost from @Citi and Ares Management, reinforcing its rapid BNPL market expansion and showcasing Citi’s robust investment in fintech growth. #Finance #FintechGrowth #SunbitExpansion #Innovation
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Platforms ignite FinTech IPO Index, soaring 2.2% to new heights.
Explore the FinTech surge: Nuvei (@NuveiTech) partners with Adobe for global payment solutions, while Hippo Insurance and SoFi showcase significant growth. Mastercard teams up with Remitly, Lemonade bolsters funds with General Catalyst, amidst nCino’s slight dip. #FinTechGrowth #Innovation
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Paragon Banking Group: Performance meets expectations, shining bright
Paragon Banking Group (@ParagonBankUK) maintains a robust start to 2023 with a steady first-quarter performance, net loan growth, and strong capital ratios, echoing the momentum from 2022. #Finance #BankingPerformance #ParagonBankingUpdate
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China’s banking boom: assets surge in 2023
Discover how China’s banks achieved robust growth in 2023, with assets increasing by 9.9% to 417.3 trillion yuan and commercial banks netting a 3.24% profit rise. #Banking #China #EconomicGrowth #Finance
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Central 1 partners with Flinks, unlocking Open Banking brilliance.
Discover how Central 1’s partnership with @FlinksIO is revolutionizing financial data exchange for credit unions, enhancing security and connectivity for users by mid-2024. #OpenBanking #FintechPartnerships #CreditUnions #FinancialInnovation
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Kurdistan Bank teams up with Azentio for iMAL banking solution.
Kurdistan International Islamic Bank (@KIB) advances its digital transformation by partnering with Azentio Software to enhance Sharia-compliant banking with the iMAL platform. #Fintech #DigitalBanking #ShariaCompliance
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ICYMI: Safty, Ozone API, WealthKernel, Karty – FinTech Futures’ Funding Frenzy
Danish fintech Safty raises €11.3M to revolutionize personalized banking experiences while UK’s Ozone API secures Series A for open banking tech expansion. @WealthKernel also bolsters market presence with fresh funding. 🚀 #FintechGrowth #Innovation #FinancialServices