Financing
Betterment to acquire Marcus Invests digital investing accounts from Goldman Sachs
Betterment, the largest independent digital investment advisor in the United States, today announced that it has reached an agreement with Goldman Sachs to acquire Marcus Invest's digital investing accounts. Marcus Invest, which offers digitally customized investment portfolios to consumers, will...
Financing
Launch of the Northern Powerhouse Investment Fund II provides £660m boost for small businesses
The British Business Bank has launched its new Northern Powerhouse Investment Fund II, a £660m fund set to cover the entire North of England.
The Northern Powerhouse Investment Fund II (NPIF II), aims to build on the success of the...
Financing
Shaping Wealth Develops AI-Powered Behavioral Finance Assistant
Shaping Wealth, a company specializing in behavioral finance training and helping advisors understand the psychology of financial planning, has created an artificial intelligence-powered assistant to help advisors understand the emotional needs of their clients. The company developed Lydia, the...
News
Danske Bank enters multi-year cloud partnership with AWS
Denmark’s Danske Bank has signed a multi-year cloud agreement with Amazon Web Services (AWS) as part of the company’s tech transformation strategy, Forward’28.
The Copenhagen-based bank will migrate selected legacy applications, data, and infrastructure – including systems for business, institutional,...
News
Missouris Central Bank taps Personetics for AI-powered money management solution
Central Bank, a regional community bank headquartered in Missouri, USA, will deploy Personetics’ AI-powered financial data-driven engagement platform as it looks to expand its digital financial wellness offerings for its retail customers.
Central Bank states that the move will enable...
Banking
NWSB Selects Apiture Digital Banking Platform to Fuel Continued Growth
Apiture, a leading provider of digital banking solutions announced that NWSB, a community financial institution serving customers in Southern Indiana since 1908, has selected the Apiture Digital Banking Platform to power its online and mobile banking solutions. NWSB will...
Cards & Payments
BIS unveils Project Agora to explore the tokenisation of cross-border payments
The Bank for International Settlements (BIS) has announced plans for a public-private partnership between several central banks and the private financial sector to explore the potential benefits of tokenising cross-border payments, labelled Project Agorá.
Project Agorá will see seven central...
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