Veridian Credit Union and Iowa Credit Union League provide the $1m series A round to Dwolla.

Ipsen, GlaxoSmithKline and Johnson & Johnson join consortium for UK-based biotech company Syntaxin.

BlueCross BlueShield Venture Partners was joined in Capson's initial $13.5m round by Beazley Investments, a subsidiary of Lloyds of London insurer Beazley, news provider American-Statesman said.

Intel portfolio company Accertify sells out to American Express.

3TS Cisco Growth Fund will invest up to PLN12m ($4.2m) in Rankomat.pl, Poland's largest online insurance aggregator.

Global Corporate Venturing chooses US-based bank Citigroup as its most influential corporate venturing unit.

Corporate venturing puts US-based insurer Hartford Financial Services Group on a learning curve.

Pushing global online finance to the next level using corporate venturing and more open innovation at one of the world's largest banks.

UK's main banks set up corporate venturing fund to help meet social obligations.

Consumer profile changes are driving the new wave of financial services firms.