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IndustryUpdate

intelligence to identify high-risk email domains, identify to financing solutions for SMEs and offer financial dis-
malicious users and detect fraud at digital entry points, counts linked to environmental and social performance
the company stated. improvements among supply chain partners.
Bluefin, Nexxchange bring SmartPOS to resorts
ACQUISITION
Bluefin and Nexxchange are collaborating to introduce
SmartPOS and unattended payment solutions to golf Vencanna, Cannative Group amend acquisition
courses, hospitality venues and resorts worldwide. By
leveraging Bluefin's payment platform, Nexxchange Vencanna Ventures Inc. changed its name from Top
aims to elevate customer experiences with cutting-edge Strike Resources Corp. to Vencanna Ventures Inc., and
payment solutions, seamlessly integrating with the lat- executed a second amended and restated definitive unit
est SmartPOS devices. This setup, the partners stated, exchange agreement with The Cannavative Group LLC
enables Nexxchange to manage closed-loop and open- amending the agreement originally entered into on April
loop payments, including major card brands like Visa, 25, 2022, and subsequently amended and restated on
Mastercard and American Express, along with national Aug. 16, 2023. Pursuant to the newly amended agree-
debit card schemes. ment, Vencanna will acquire all outstanding member-
ship units of Cannavative through an all-share exchange.
Taulia, IFC team up on supply chain finance The transaction is expected to result in materially less
dilution than was contemplated in earlier agreements.
Taulia partnered with the International Finance Corp.
to establish sustainable supply chain finance programs
for small and midsize enterprises (SMEs) in emerging APPOINTMENTS
markets. With the IFC as Taulia's inaugural multilateral
funder, the collaboration aims to provide diverse fund- Patrick Conner steps up for NAC
ing sources and hedge against economic uncertainty
through its multifunder models. Leveraging IFC's global Patrick Conner, CEO of ATMPartMart.com, was appoint-
reach and expertise in ESG financing and Taulia's tech- ed chair of the NAC board of directors, succeeding
nology, the partnership is expected to enhance access George Sarantopoulos. Conner, with 25 years of ATM

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