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InvestHK unveils global fast track for fintechs

Invest Hong Kong (InvestHK) announced that the 7th edition of the Global Fast Track (GFT), 2024 is now open for applications until September 20.

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Bud chooses Vilnius as European hub

After receiving the Account Information Service (AIS) Provider license, the financial data intelligence platform Bud Financial (Bud) is expanding its team in Lithuania.

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US Treasury publishes guidelines for cloud adoption in financial services

Today, the U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial services institutions on effective practices for their secure cloud adoption journey.

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SkySparc hires Jeff Struzenski as managing director for the Americas

SkySparc, a leading corporate and financial institutions solutions provider, has appointed industry stalwart Jeff Struzenski as its new Managing Director, SkySparc Americas, to help augment enterprise liquidity management processes across the financial operations of the region’s corporates and banks.

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Hong Kong digital bank ZA Bank to provide reserve banking services tailored for stablecoin issuers

ZA Bank, Hong Kong’s No.1 Digital Bank1, proudly announces its pioneering role as the first digital bank in Hong Kong to provide reserve banking services tailored for stablecoin issuers.

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fresh Financials Group acquires AccountsForMe

Fresh Financials Group (FFG), an award-winning Xero Platinum Partner providing innovative cloud-based financial operations services, is excited to announce its second strategic acquisition, AccountsForMe Ltd.

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Vanna AI wins Paddle’s 2024 AI Launchpad

Vanna AI, the AI business intelligence assistant, has won Paddle’s 2024 AI Launchpad, the second edition of its six-week program aimed at empowering ambitious software founders to build, launch and scale their AI-powered business ideas.

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SME banking technology provider wamo raises $5 million

wamo, a leading digital business account provider for SMEs, today announces that it has secured a bridge to Series A round of $5 million USD in growth funding, as well as an EU Electronic Money Institution (EMI) license from FIN-FSA (Finland’s Financial Supervisory Authority), positioning the company for accelerated growth across Europe.

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Fintechs Canada makes board appointments

Fintechs Canada today announced the appointment of seven industry leaders to its Board of Directors. The new board members bring a wealth of experience and expertise from across the fintech sector, positioning Fintechs Canada for continued success and innovation.

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9Spokes launches cashflow forecasting product

9Spokes, a leading global data platform, has announced the launch of its new Cashflow forecasting product, an advanced tool designed for integration within the digital platforms of financial organizations.

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Tifin launches in India

TIFIN, a leading AI and innovation platform for wealth, makes its international debut with the launch of TIFIN India. The launch of TIFIN India represents an important milestone in TIFIN’s vision to take its expertise in both direct-to-consumer (DTC) and business-to-business (B2B) AI for wealth applications to global markets.

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HKMA wins broad support for stablecoin legislation

The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly issued today (17 July) the consultation conclusions on the legislative proposal to implement a regulatory regime for fiat-referenced stablecoin (FRS) issuers in Hong Kong.

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