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Israel Approves New Digital Bank

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The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV.

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Israeli Cybersecurity Firm Lands $30M To Expand Into Vehicle Protection

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Upstream Security wants to leverage the software market to protect vehicles from cyber-carjacking. In other news, The Bank of Israel announced the launch last month of its first new financial institution in decades.

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