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EU Launches €17.5B Initiative to Boost SME Energy Efficiency

More than 350,000 European small and mid-sized businesses are set to benefit from a €17.5 billion financing initiative aimed at cutting energy costs and boosting competitiveness. Announced by the European Investment Bank (EIB) Group with support from the European Commission, the program nearly doubles previous funding levels and is expected to mobilize over €65 billion in total investment by 2027…

Posted On : Published By : jcarlos
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Varo Bank Appoints Asmau Ahmed as its First AI and Data Chief

Varo Bank has appointed Asmau Ahmed as its first Chief Artificial Intelligence and Data Officer to lead company-wide AI and machine learning initiatives. The U.S.-based challenger bank, which launched its Varo Line of Credit in March 2024, already applies self-learning models to improve credit-decisioning processes through proprietary algorithms..

Posted On : Published By : jcarlos