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630 Results from /wholesale, 2019

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Augmentum invests £7.5 million in iwoca

London listed fintech venture fund Augmentum has invested £7.5 million in small business lender iwoca.

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Barclays supersizes New York accelerator

Barclays is turbo-boosting the New York arm of its Rise accelerator and introducing an investment pool of £10 million for each cohort to go through the programme.

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Nasdaq and Citi invest in blockchain outfit Symbiont

Symbiont, a startup working to bring blockchain technology to capital markets, has raised $20 million in a Series B funding round led by Nasdaq Ventures and joined by Citi.

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Lloyds consults on plans to move customer accounts to new core

Lloyds Bank is looking at a £750 million annual saving in tech spend as it plots a move to a new core banking platform from tech startup Thought Machine.

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Cognizant to acquire Finnish bank-backed Oy Samlink

Cognizant is to acquire bank-owned Finnish IT supplier Oy Samlink as part of a programme to implement a shared core banking platform for three of the country's savings banks.

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Digital Garage and Blockstream test yen-pegged stablecoin

Blockchain infrastructure outfit Blockstream is joining forces with Japanese tech player Digital Garage and FS firm Tokyo Tanshi on a new venture building bitcoin and blockchain tools for the Japanese institutional market, beginning with a yen-pegged stablecoin.

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BNP Paribas goes deeper into the cloud with IBM

BNP Paribas has extended its partnership with IBM for a further eight years as the French bank looks to ramp up its cloud approach in support of a digital transformation programme.

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ING signs five-year licencing deal with R3

ING has agreed a five-year deal with R3 for an unlimited number of Corda Enterprise licenses, with the aim of encouraging the adoption of CorDapps across the business.

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AXA raises $150 million for second venture fund

The venture capital arm of insurance and asset management group AXA has raised $150 million for its second early stage fintech and healthtech fund.

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Hong Kong crypto exchange to go live with LSE technology

The London Stock Exchange has signed its first technology licensing deal with an emerging crypto exchange, providing its Millennium matching engine to Hong Kong's Atom Asset Exchange.

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Dutch authorities call for crypto exchange licensing regime

The Dutch central bank and financial services regulator say that the country must introduce a licensing regime for crypto exchanges and wallet providers in order to tackle money laundering and terrorist financing.

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Five emerging tech trends to watch in 2019

Beth Devin, head of innovation network and emerging technologies at Citi Ventures, selects five technologies that could have a major impact on financial institutions and their clients in 2019 and beyond.