News

Coventry Building Society, a financial institution based in England, has offered to acquire British banking company Co-operative Bank in an all-cash deal worth £780m. In this context, the boards of the two entities have agreed to non-binding heads of terms...

Coupa, the margin multiplier company, and Bottomline, a global leader in business payments, announced a strategic partnership to simplify digital payment processes for businesses. Coupa can now connect to Paymode-X, Bottomline’s business payments network that offers Premium ACH, to automate...

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...

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...

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...

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,...

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...