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ANZ signs US$320 million deal with IBM, invests in innovation lab

Australian lender Australia and New Zealand Bank (ANZ) has signed on for a five-year AUS$450 million (US$320 million) agreement with IBM as its technology provider for the Asia Pacific region. The new deal will give the bank access to the technology giant’s products, software portfolio and help develop its cloud-based and core operating systems. The agreement includes improving ANZ Bank’s…

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