Spot Banks
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Finance Minister: Government and RBI Actively Engaged in Digital Currency
Finance Minister Nirmala Sitharaman and @RBI are advancing India’s e-rupee for efficient cross-border payments, keen on transforming agriculture and manufacturing with digital currency. #CBDC #DigitalIndia #Fintech
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ModernFi Raises $18.7M: Empowering Banks with Deposit Growth
ModernFi secures $18.7M in Series A funding, led by @CanapiVentures, to innovate deposit growth for banks with its cutting-edge platform. #FintechGrowth #BankingInnovation #SeriesAFunding
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Ant Group’s bold move: Fintech giant ventures into AI expertise
Explore how Ant Group (@AntGroup) is revolutionizing AI with its new unit NextEvo, led by former Google engineer Xu Peng. Join their cutting-edge journey in AI advancement and innovation. #AntGroup #AI #NextEvo #Innovation #TechNews
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Equirus launches $25M fund, fueling deeptech, fintech, SaaS startup growth
Equirus launches a $25M InnovateX Fund to back seed-stage tech marvels, focusing on B2B SaaS and fintech in a tight funding climate. @EquirusOfficial is set to empower 15-20 startups with bold solutions and strong business strategies. #EquirusInnovateX #TechStartups #VentureCapital
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Stray dogs unwelcome in the world of FinTech Futures.
Explore how companies often mirror the “no stray dogs allowed” sign’s impracticality: touting values without the actions to back them up. A must-read on aligning words with deeds. #CompanyValues #CorporateIntegrity
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IG: Pentagon’s Finance Systems Critically Outdated, Facing Major Challenges
Explore how the Pentagon could save $728 million by modernizing its financial systems – a critical insight from the Department of Defense Inspector General. #PentagonFinances #DoDReform #FiscalResponsibility
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Snap Finance’s Breach Settlement: Lawyers Score Massive $500K Payout
Snap Finance LLC settles for $1.8M in breach lawsuit, ensuring justice for 60,000 affected customers. Court approves substantial class compensation. #DataBreach #ClassAction #LegalUpdate @SnapFinance
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Uber, Governor, Amazon, PayPal, and more: Marijuana lobbying for banking Rescheduling
Discover how top companies like @Uber, @Amazon, and @AmericanExpress are actively lobbying for U.S. marijuana reform, particularly the SAFE Banking Act, pursuing significant legislative changes in Q4 2023. #CannabisReform #PolicyChange #LobbyingEfforts
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Swiss regulator revamps, UBS-Credit Suisse merger ignites reform demands.
Switzerland reinforces banking regulation with Stefan Walter, ex-European Central Bank director, as FINMA’s new CEO, post-UBS’s Credit Suisse acquisition. His expertise is a key asset in restructuring governance.
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WEF Report: AI, Finance, Banking – A Game-Changing Trio
Discover how the fintech industry is surging ahead with AI, embedded finance, and open banking’s promise, as reported at the World Economic Forum. #Fintech #Innovation @wef