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/retail

Santander brings Openbank digital brand to US

Santander is launching its Openbank digital offering across the United States and Mexico.

/cloud

JPMorgan's Dimon stresses 'critical' impact of AI

In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon has singled out the "critical impact" of AI and the "essential" importance of migration to the cloud.

/markets

EQT sells Rimes to Five Arrows

Data management provider to the asset management sector Rimes is being sold by investment firm EQT to Five Arrows. Terms of the deal were not disclosed.

/inclusion

Credit fintech Petal agrees sale to Empower

Empower Finance has agreed to buy US credit fintech Petal and closed the acquisition of Philippines-based Cashalo.

/cloud

Google Cloud wins major FS deals

Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.

/markets

London-listed Gresham to be bought by STG Partners

London-listed fintech Gresham Technologies has agreed to be bought out by a private equity firm in a cash deal worth £146.7 million.

/regulation

EBA Clearing preps Verification of Payee

EBA Clearing will roll out a pan-European Verification of Payee feature by the end of the year.

/crypto

ECB preps DLT trials for wholesale central bank money settlement

The European Central Bank has put together a host of participants for exploratory work on the use of distributed ledger technology to settle wholesale transactions in central bank money.

/markets

Tradeweb to pay $785m for investment tech firm ICD

Tradeweb Markets has struck a deal to buy investment technology firm Institutional Cash Distributors (ICD) for $785 million.

/crypto

LCH gets green light to clear Bitcoin index derivatives

London Stock Exchange Group-owned LCH has secured regulatory approval to clear cash-settled Bitcoin index futures and options contracts.

/startups

China central bank launches $70bn tech lending programme

The People's Bank of China (PBoC) has announced a re-lending scheme designed to boost the country's science and tech sector.

/security

Bank of Ireland blames latest glitch on "technical issue"

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.