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Latest Results from /cloud

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NAB, CIBC, Itaú Unibanco and NatWest launch open finance challenge

NAB, CIBC, Itaú Unibanco and NatWest Group have joined forces with Amazon Web Services to run a global open finance challenge, inviting fintechs, universities and other large organisations to prototype and develop new digital banking services.

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Big banks invest in accounting software firm Freshbooks

Barclays, Bank of Montreal and JPMorgan have joined an US$80.75 million Series E funding round for Toronto-based cloud accounting software firm Freshbooks.

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UK 'social bank' startup Kroo raises £17.7m

Kroo, a UK startup building a "social" bank, has raised £17.7 million in Series A funding round led by tech entrepreneur Rudy Karson.

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Pico to go public via $1.75bn Spac merger

US-based financial infrastructure company Pico is set to go public through a $1.75 billion merger with fintech entrepreneur Betsy Cohen's special-purpose acquisition company (Spac).

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SAP jumps aboard IBM Cloud for Financial Services.

German software giant SAP is onboarding two of its finance and data management solutions to IBM Cloud for Financial Services.

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Goldman Sachs boosts transaction banking biz with Fiserv tie-up

Goldman Sachs is looking to scale up its new transaction banking business by teaming up with Fiserv to offer the fintech giant's clients services, starting with cross-border supplier payments.

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Solarisbank raises EUR190m; buys Contis

Berlin-based banking-as-a-service platform Solarisbank has set its sights on conquering Europe after raising EUR190 million in a Series D funding round at a EUR1.4 billion valuation and buying UK outfit Contis.

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Barclays, HSBC, Lloyds and others hit by major DNS outage

Late Thursday afternoon Akamai reported a problem with its Edge DNS service, resulting in outages at thousands of websites.

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Fidelity taps Finbourne to drive data strategy

Fidelity International has picked technology from Finbourne to drive its data strategy in a deal that also sees the asset manager make a strategic investment in the London-based startup.

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Capital One leads $15m Lightico raise

Lightico, a startup that helps firms - including banks - collect forms, signatures, documents and payments from customers digitally, has raised $15 million in a follow-on Series B round led by Capital One Ventures.

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Mastercard eases access to Faster Payments with PayPort+

Mastercard has launched a cloud-native, real-time payment gateway designed to ease access for institutions connecting to the UK's Faster Payments network.

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Tink appoints former AWS sales lead as chief revenue officer

Open Banking platform Tink has appointed the former financial services lead for Amazon Web Services, Rowan Taylor, as chief revenue officer.