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Penny unveils embedded finance proposition

Leading digital lender Penny has announced the launch of their partner integration solution, Penny Connect.

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Finverity raises $5m equity funding

Finverity, the digital ecosystem for trade and supply chain finance, today announces it has raised US$5 million in a heavily oversubscribed equity funding round from new and current investors.

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UK publishes first AI whitepaper

Five principles, including safety, transparency and fairness, will guide the use of artificial intelligence in the UK, as part of a new national blueprint for our world class regulators to drive responsible innovation and maintain public trust in this revolutionary technology.

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Virgin Money signs six-year contract extension with Flexys

Virgin Money has signed a six-year contract extension with leading debt resolution software supplier Flexys Solutions.

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UK Government sets out 'Green Finance' strategy

We have published ‘Mobilising green investment: 2023 green finance strategy’, an update to the earlier 2019 strategy.

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Kroll invests in fraud detection platform EverC

EverC, a pioneer in AI-driven merchant and marketplace risk intelligence and insights for ecommerce and payment providers, recently announced a new investment by the & Opportunity Fund and strategic partnership with Kroll, the leading independent provider of risk and financial advisory solutions.

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Riskgrid rolls out 'as-a-Service' risk assessment platform

RISKGRID has launched a cloud-based ‘as a Service’ Risk Assessment platform to enable financial services firms to automate and standardise fragmented, cross-enterprise risk assessment practices, and to harness value and eliminate risk from internal risk assessment processes.

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RepRisk puts ESG data on Snowflake Marketplace

RepRisk, an ESG data science firm, today announced that it has launched ESG risk data on Snowflake Marketplace.

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Tell.money teams with Scallop to develop blockchain-based Banking-as-a-Service

tell.money announces a partnership with Scallop as it develops its blockchain-based banking-as-a-service platform that aims to bridge the gap between traditional finance and decentralised finance.

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Torben Rabe moves to Qonto’s central team as global partnership director

As a result of Penta and Qonto joining forces, Torben Rabe, previously Country Director Germany of Qonto, has joined Qonto’s central team as Global Partnerships Director, where he will lead Qonto’s ambitious pan-European partner management program.

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Saudi Exim Bank goes live on Temenos core platform

Temenos (SIX: TEMN) today announced that Saudi Export-Import Bank (Saudi EXIM Bank) has implemented Temenos core banking platform, going live in just six months.

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Target Global expands footprint in the Middle East

Target Global, one the leading technology investment firms in Europe and Israel with €3 billion in assets under management and 15 unicorns in its portfolio plans to expand its presence into the UAE with the establishment of an official presence in the Abu Dhabi Global Market (ADGM).

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