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Lift Lab resumes innovation projects for the Brazillian financial system

The Laboratório de Inovações Financeiras e Tecnológicas (LIFT), a joint initiative of Banco Central do Brasil (BCB) and Federação Nacional de Associações dos Servidores do Banco Central (Fenasbac), announces the resumption of activities following a hiatus in 2023.

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Finma publishes guidance on stablecoins

The Swiss Financial Market Supervisory Authority FINMA today published guidance on the issuance of stablecoins.

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Network International and Biz2X form embedded financing agreement

Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, and Biz2X, a global technology and financing fintech in the U.S., India and Australia with over $10 billion USD funded through its digital lending platform, today announced a new SME financing partnership.

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ING appoints Daniele Tonella as CTO

ING today announced the appointment of Daniele Tonella as chief technology officer (CTO) and member of the Management Board Banking, effective 5 August 2024.

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Fed terminates Silvergate Bank enforcement action

The Federal Reserve Board on Friday announced the termination of an enforcement action with Silvergate Bank and its holding company, Silvergate Capital Corporation, both of La Jolla, California.

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FCA sets out plan to strengthen UK capital markets

The FCA has set out a package of measures designed to help strengthen the UK’s capital markets and position as a global and vibrant financial centre.

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BofA CashPro app surpasses $500bn in payment approvals

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years.

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Archera secures $17 million Series B

Archera, a leading provider of cloud purchasing and management solutions, announced today closing a $17 million Series B round accompanied by access to over $100 million in reinsurance capacity.

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CreditNature and ValueNature forge partnership

CreditNature, the leading green fintech solution, and ValueNature, a pioneer in nature-based credits, are excited to announce a strategic partnership aimed at integrating their innovative frameworks and methodologies.

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Sage integrates with Stripe to improve cash flow management for SMEs

Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announced an expansion of its partnership with Stripe, a financial infrastructure platform for businesses, to help improve cashflow management and payment processing for SMBs.

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Stablecoin adoption could release $11.6 billion of locked business capital -CEBR

BVNK, the B2B payments provider and Cebr, the Centre for Economics and Business Research, have published new analysis on the economic impact of stablecoins, on the 10th anniversary of the first stablecoin launching.

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Adesso launches GenAI tool to support financial services firms with Dora compliance of contracts

adesso, a leading global IT services provider, is rolling out a new generative AI tool to help financial services firms review contracts in adherence with the European Union's Digital Operational Resilience Act (DORA) directive.

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