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European Investment Fund has withdrawn funding to British start-ups. The Fund, which has, at times, accounted for up to a third of all the investment in UK-based venture capital funds, put just [...]

CYBG is planning to launch a new service in May 2018 allowing users of its B smartphone app to access new open banking technology and see their accounts with other lenders. The B app is used by [...]

Barclays is to upgrade its trading platform for all financial products traded on exchanges on 3 January 2018. It is the latest bank to opt in to ‘Systematic Internaliser’ status under [...]

UK banks are teaming up with their Swiss and Japanese counterparts to warn that EU proposals to ringfence foreign capital could force lenders to exit their European businesses, according to the [...]

ING has developed a new ‘zero-knowledge range proof’ (ZKRP) code for blockchain designed to protect data privacy. The code adds a layer of cryptography to blockchain technology, to demonstrate [...]

Aviva has acquired a majority stake in the robo-adviser, Wealthify, for an undisclosed sum. The robo-advisor, which offers retail investors access to a number of savings and investment plans will [...]

Banco de Sabadell has announced plans to move its headquarters out of the Catalonia region to the eastern Spanish town of Alicante due to the current unrest between the Catalan separatists and [...]

HSBC, Barclays and the Government Digital Service have partnered with Orange, OT-Morpho and the Open Identity Exchange to test a system through which French citizens can open a bank account in [...]

ECB has warned British banks planning to relocate operations to another country in the EU before Brexit that it will not grant licences to ‘empty shells’. Sabine Lautenschlager, a senior [...]

TSB Bank is to introduce iris recognition to its mobile banking app from September 2017. Customers will need the latest Samsung Galaxy S8 to use the new authentication method Monzo has announced [...]