Fri.Dec 27, 2024

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Helping Angel Investors Support Startups: Hub71 Announces Angel Support Package at ADFW

The Fintech Times

During Abu Dhabi Finance Week, Hub71 , Abu Dhabis global tech ecosystem unveiled its Angel Investor Support Package. Designed to foster the growth of angel networks and enable angel investors to form legal investment structures within Abu Dhabis thriving startup ecosystem. The package includes a financial incentive of AED 150,000. We sat down with Mohamed Al-Binali , value creation lead, Hub71 to learn more about the package.

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What is a Basis Point?

EBizCharge

In finance, precision is paramount, and understanding the language of numbers can be the key to unlocking better financial strategies. The basis point (BPS)is a common term that often arises in discussions surrounding interest rates, investment returns, and fees. Knowing what basis points are and how they function is essential since they can eliminate confusion around interest rates and reflect borrowers’ credit status and risk.

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Fraud Detection Using Machine Learning vs. Rules-Based Systems

Fraud.net

Discover how fraud detection using machine learning enhances accuracy, reduces false positives, and scales effortlessly.

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Top 5 open banking stories of 2024

Bank Automation

The long-awaited Section 1033 rule on open banking was finalized by the Consumer Financial Protection Bureau on Oct. 22, and financial institutions are weighing in on the regulation. According to a January report from Future Markets Insights global revenue from open banking services totaled $22 billion in 2024 and is expected to reach $133 billion […] The post Top 5 open banking stories of 2024 appeared first on Bank Automation News.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

TechCrunch Fintech

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website. We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible, the notice reads. We know this news is abrupt and may […] 2024 TechCrunch.

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