[Editor’s note: This is the third article (see first article and second article) in a special series we are publishing from...
Every industry is facing struggles due to the current pandemic and financial services in particular is in the middle of...
Deloitte recently released a report called Driving innovation in investment management report estimates that invest-tech platforms; many of these platforms...
There has been a wide trend in recent years to use automated investment advice as it is seen to be...
UK based Pia, personal investment assistant, is testing their new aggregator platform to help people find the best digital wealth advisor; “We spent time speaking to people who said we need to launch a product that’s far more accessible, interesting and engaging for somebody that doesn’t have a lot of investing experience and don’t know where to start,” said co-founder James Mackonochie to TearSheet; the difference between Pia and a typical aggregator site is they will use an AI powered chatbot to customize the user experience. Source.
Munich-based robo-advisor Scalable Capital has closed a Series D investment round of €50 million ($58 million) at a post-money valuation...
This Forbes piece digs into how financial services companies might be impacted by the Coronavirus; both Visa and Mastercard have...
According to a new survey by Greenwich Associates 43 percent of financial advisors believe there will be fewer advisors in...
SoFi was in talks to acquire clearing and custody firm Apex but the talks failed and the lender instead made...
The implementation of GDPR is around the corner as it starts in May across Europe, while most of the regulations will benefit robo advisors the compliance costs could rise significantly; users will be able to ask for all data related to them and all data a rival adviser might have on them, getting this done correctly and efficiently will take time; the customer benefits are high, startups on the other hand might end up getting a lot more costs then anticipated. Source.