Finance
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FundPark bags $500m asset-backed facility from Goldman Sachs
FundPark (@FundPark) unlocks new growth with a $500m facility from Goldman Sachs, set to boost SMEs in Asia’s bustling cross-border eCommerce sector. #FintechExpansion #SMEFinancing #DigitalEntrepreneurship
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CFPB fights to halt ‘abusive’ fees on declined transactions instantly.
Explore the CFPB’s crackdown on “junk fees”, safeguarding consumers from superfluous charges with a proposed ban on unnecessary non-sufficient funds fees. #ConsumerProtection #CFPB #FinancialWellbeing
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Kneat seals $15m public deal to go global with Cormark Securities.
Kneat secures $15m in public offering led by @CormarkSecurities to globally expand its next-gen Kneat Gx SaaS platform, enhancing regulatory compliance and business processes. #TechGrowth #SaaSFunding #Innovation
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Danish fintech Safty: securing investments with style.
Exciting news in fintech: Danish innovator @Safty secures DKK 11.3m led by Upfin, advancing machine learning solutions for personalized customer insights in banking and insurance. #FintechGrowth #InnovationInvestment #MachineLearning
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Global bank tests Sybase switch, opts for MongoDB.
Discover how a leading bank, in partnership with @Accenture, is forging a path to innovation by transitioning from Sybase to @MongoDB for enhanced post-trade application performance. #DigitalTransformation #BankingTech
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No PAC funds for legal fees: Sen. Brian Kelsey under scrutiny.
Tennessee’s ex-Senator Brian Kelsey faces a setback as the Bureau of Ethics and Campaign Finance blocks PAC funds for his legal defense—a cautionary tale of campaign finance law implications.
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HeavyFinance raises €50m to transform European agricultural lending.
Exciting news from @HeavyFinance which has secured €50m to empower European farmers with projects aimed at sustainable agriculture and climate action through innovative carbon credits. #Sustainability #Agriculture #Innovation #Finance #HeavyFinance
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Africa’s Green Gold: Billions in Carbon Credit Potential Unveiled
Discover Africa’s leap into the future of sustainability with the African Carbon Markets Initiative, set to mobilize $100B via carbon credits, with key players like @JospongGroup poised for growth. #ACMI #CarbonCredits #SustainableDevelopment
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Banks’ claim: more capital rules gonna hurt securitization market
Discover why top U.S. banks and bipartisan congressmen are challenging proposed Basel III rules that may put a strain on the securitization market, impacting economic accessibility. #FinanceRegulation #Securitization #BaselIII
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Banking strategies hinge on cost discipline, it’s absolutely crucial.
Explore how banks can tackle cost challenges by innovating and diversifying revenue streams, while balancing technology investments and workforce dynamics for enduring success. #BankingStrategies #CostDiscipline #FinancialInnovation