Economy

Cryptocurrencies dochie ego fiat ọdịnala; akụ na ụba ahaghị nhata; mmetụta akụ na ụba nke akpaaka na mgbanwe mmepụta ihe na-esote-ibe a na-ekpuchi usoro na akụkọ ndị ga-emetụta akụ na ụba nke ọdịnihu.

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Amụma na-agbanwe agbanweNewIyo
258811
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https://www.forbes.com/sites/emilymason/2024/05/08/old-guard-fintech-giant-fis-global-puts-startups-on-notice-with-new-atelio-platform-for-regional-banks/
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Forbes
Tarun Bhatnagar, president of platform and enterprise products at FIS, presents Atelio at FIS Investor Day on Tuesday, May 7.Emily Mason
Jacksonville, Florida's FIS Global, a 56-year-old financial technology provider for banks, has launched a new platform called Atelio to help its regional bank...
258810
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https://fintech.global/2024/05/08/cube-bolsters-regulatory-expertise-through-reg-room-acquisition/
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Fintech
CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector. This strategic move aims to further extend CUBE's regulatory intelligence and horizon scanning capabilities, consolidating its position as an industry leader....
259040
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https://www.breitbart.com/politics/2024/05/08/dont-let-the-senate-gop-leadership-raise-your-taxes/
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Breitbart
The following content is sponsored by FreedomWorks. President Joe Biden came into office promising to repeal President Trump's 2017 Tax Cuts and Jobs Act - a law that turbocharged American job growth and U.national competitiveness. In the first two years of the Biden administration, there was a chance that the president could have succeeded in undermining the law.
259039
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https://allafrica.com/stories/202405080161.html
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Allafrica
The presidential candidate of the Labour Party, in the 2023 general election, Peter Obi, has described the newly introduced cyber security levy by the President Bola Tinubu-led Federal Government, as one tax too many. He noted that the tax is ill conceived and designed to milk a dying economy. The former Anambra State governor said this in a series of tweets on his X handle, on Wednesday.
259038
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https://www.bis.org/review/r240508b.htm
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bis
It is my pleasure to welcome you in the newly renovated Kassensaal of the Oesterreichische Nationalbank to the discussion event on the occasion of the 2024 annual meeting of the Standing Field Committee "International Economics" of the Verein für Socialpolitik. Today's economic policy forum will discuss the topic of "Stress in public finances: the Need for international policy coordination." Since stress in public finances has a tendency to exert stress on financial stability and on interest rates, you can imagine that the topic of the panel discussion is of great interest to me as a central banker.
259037
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https://www.journalofaccountancy.com/news/2024/may/foreign-trust-transactions-and-large-gifts-addressed-in-proposed-regs.html
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Journalofaccountancy
Proposed regulations (REG-124850-08) issued Tuesday by the IRS provide guidance on information reporting of transactions with foreign trusts and the receipt of large foreign gifts. The rules are, in part, designed to prevent the use of offshore arrangements to evade taxes.
The proposed...
259036
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https://theconversation.com/why-you-should-expect-to-pay-more-tourist-taxes-even-though-the-evidence-for-them-is-unclear-229134
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Mkparịta ụka
In April 2024, Venice began its controversial experiment to charge day trippers €5 (£4.30) to visit the city on some of the busiest days of the year. But it's not just the lagoon city, with its 30 million visitors a year which is interested in trying out new tourism taxes. In the UK, a council in the county of Kent has recommended introducing a tourism tax on overnight stays in the county.
259035
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https://abcnews.go.com/Politics/wireStory/california-supreme-court-weigh-pulling-measure-making-harder-110017548
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Abcnews
SAN FRANCISCO -- The California Supreme Court is weighing whether to keep a measure off the November ballot that would make it harder for the state and local governments to raise taxes, in a legal battle pitting Gov. Gavin Newsom and Democratic lawmakers against the business groups and taxpayer...
258825
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https://www.cnbc.com/2024/05/08/monzo-boosts-funding-to-610-million-to-crack-us-launch-uk-pensions.html
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Nbc
British neobank Monzo said Wednesday that it's raised another $190 million, lifting the total it's raised so far this year to $610 million. The company told CNBC it raised the cash from new investors including Hedosophia, a backer of top European fintechs including N26 and Qonto. CapitalG, Alphabet's independent growth fund, also participated in the round.
258824
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https://www.forbes.com/sites/forbestechcouncil/2024/05/08/navigating-the-future-of-technology-in-banking-insights-and-innovations/
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Forbes
Josh Scriven, Global VP of Technology at Neudesic: Driving Strategy and Transformation Through Innovative Technologies.
Getty
In an era marked by rapid technological advancements and shifting market dynamics, the banking sector stands at a crossroads. I'll share insights from a recent corporate...
258823
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https://www.pymnts.com/news/digital-banking/2024/nubank-marks-100-million-plus-digital-banking-customers/
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Pymnts
now has more than 100 million customers. Asia. "In 2013, we had set ourselves the ambitious goal to reach 1 million customers in five years, which seemed almost impossible at the time," Nubank founder and CEO . said in the release. "In a decade, we have surpassed 100 million, which is a testament to the trust our customers place in us and .
258821
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https://www.fintechfutures.com/2024/05/lloyds-banking-group-collaborates-with-red-hat-to-adopt-modern-engineering-practices/
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Fintechfutures
Lloyds Banking Group is collaborating with US-based open source solutions provider Red Hat to enhance "developer experience, software quality, and speed to market" through the efficient adoption of InnerSource practices. The new partnership is being driven by Lloyds Banking Group's Open Source Program Office (OSPO), a unit within the bank tasked with developing and implementing an open source strategy, supplying internal training and tooling, and overseeing collaboration with external organisations.
258812
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https://www.itsecurityguru.org/2024/05/08/salt-security-unveils-first-ai-infused-api-security-platform-to-address-proliferation-of-genai-application-development/
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Itsecurityguru
a frontrunner in API security, have unveiled its groundbreaking API Security Protection Platform. This platform, powered by Pepper, Salt's own Large Language Model (LLM) AI, represents a leap forward in API protection. By integrating AI across the entire API lifecycle, it simplifies and strengthens API discovery, posture management, and threat detection, leading to swifter risk mitigation.
258813
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https://www.biometricupdate.com/202405/pe-firm-creates-payments-digital-id-testing-giant-with-fime-ul-acquisitions
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Mmelite biometric
Fime has been acquired by U.S.-based private equity firm Gallant Capital Partners, along with the payments testing business of UL Solutions, and the two will be merged into a biometrics and digital ID consulting and testing giant under the Fime brand.
The combined entity will focus on consulting...
258814
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https://www.which.co.uk/news/article/tsb-bank-branch-closures-aTo0v4J95emT
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nke
TSB will close 28 bank branches in 2024 and eight in 2025, stating it needs to move to a 'better balance of digital and face-to-face services'.It's not the only bank to announce closures, in fact all the major banking providers have sites earmarked to close this year and next. Here, Which?...
258815
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https://www.standardlife.co.uk/employer/guides-and-articles/articles/article-page/5-ways-money-mindset-can-help-employees
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Standardlife
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258817
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https://www.forbes.com/sites/tonybradley/2024/05/08/streamlining-cash-flow-management-with-ai/
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Forbes
Panax offers an AI-driven cash flow management platform that leverages artificial intelligence to ... [+] enhance and improve liquidity management.getty
Managing cash flow, especially in multiple currencies across diverse markets, remains a formidable challenge for businesses. As corporations...
258822
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https://www.globalatlanta.com/the-brazilian-couple-building-a-new-banking-engine-for-latinos-in-the-u-s/
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Globalatlanta
Editor's note: This article originally appeared on Hypepotamus as part of its "Get to Know the CEO" series. It is published on Global Atlanta as part of our content partnership with the Southeast's top source for innovation news. Sign up for Hypepotamus newsletters here.
Husband and wife team...
258819
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https://tech.eu/2024/05/08/uk-aintech-abound-secures-up-to-ps13bn-to-expand-access-to-fair-credit-pen-spark-tune-share-more-vert/
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Tech
London-based credit technology company Abound has announced a new financing round of debt and equity combined which in aggregate, according to the company, could extend up to £800 million, expanding total funding to up to £1.3 billion. In March last year the company secured over £500 million in debt and equity funding.
258816
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https://www.finsmes.com/2024/05/panax-interview-with-ceo-noam-mills.html
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Finsmes
Panax, a NYC-based provider of an AI-driven cash flow management platform, just announced its $15M funding round. In conjunction with it, CEO Noam Mills replied to our questions about the company, the product, the funding, and future plans.
FinSMEs: Hi Noam, can you tell us a bit more about...
258818
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https://imemc.org/article/west-bank-journal-settler-attacks-a-daily-occurrence-in-hebron-area/
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Imemc
The following are updates from international human rights observers from the US and Europe who are in the West Bank right now:
Content warning: torture
5/4/24
We've done a few released prisoner interviews since I've been here. I don't usually report on them, but this one struck me differently...
258615
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https://incrediblethings.com/money/cryptocurrency/defi-trends-to-watch-whats-next-for-decentralized-finance/
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Ihe na-enweghị atụ
Decentralized finance, or DeFi, has emerged as a revolutionary force in the world of finance, offering an alternative to traditional centralized financial systems. Unlike traditional finance, which relies on intermediaries such as banks and brokers, DeFi operates on blockchain technology, allowing for peer-to-peer transactions without the need for intermediaries.