FinTech Futures: Top five news stories of the week – 6 December 2024
Our pick of the top fintech news stories this week includes Citi, Lumin Digital, TSB and more.
Robo-Advisory
Wealthsimple launches in-app travel eSIM powered by Gigs
The offering operates as part of Wealthsimple’s new lifestyle rewards programme.
Charles Schwab to phase out Institutional Intelligent Portfolios platform in favour of iRebal solution
Schwab will no longer be opening new accounts on the platform from 15 November 2024.
Autonomous AI agents: outsourcing decision-making as the new CX paradigm in finance
AI agents are poised to become integral to how we manage and interact with our finances.
Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment
The deal includes Marcus Invest’s accounts and assets under management.
Video: ipushpull on the use of AI in capital markets
Matthew Cheung, CEO of ipushpull, discusses how AI is being put to work within capital markets.
State of play: GenAI in financial services
Generative AI is currently in the ‘experimental phase’ in the financial services industry.
Are we AI ready?
As we continue to layer AI technology into our day-to-day lives, the risks continue to multiply.
Cartoon: Parallel processing
A new cartoon illustrating the different use cases for some of the more popular AI chatbots.
Sibos 2023: Why AI in banking is more evolution than revolution
AI is nothing new for banks, and the current hype is unsustainable.
OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m
Caledonia Investments bought 7IM in September 2015 for around £100 million.
What the FinTech? | S.4 Episode 13 | AI simulation training in financial services
In this episode of the podcast, we’re joined by Casey Denby, VP of Sales at US tech firm Zenarate.
FinTech Futures Jobs: Three ways AI is changing fintech jobs
Explore thousands of open roles on the FinTech Futures Job Board today.
The “bank of me”
For me, enhancing the customer lifecycle is the most exciting and impactful use of AI.
Digital banking tech provider Backbase acquires wealthtech Nucoro
Nucoro’s offering will be incorporated into the Backbase Engagement Banking platform.
Survey: Technology trends in wealth management
Share your views in our brief survey and win a £100 / $100 / €100 Amazon gift card!
ChatGPT and generative AI – what does banking have to do with it?
Ready or not, the generative AI genie is out of the bottle and there is no going back.
What the FinTech? | S.4 Episode 3 | Generative AI in banking
In this episode, we’re joined by Miguel Navarro to discuss how generative AI could impact financial services.
Are the machines coming for your job? Probably!
Generative AI may soon be able to build platforms or design new products in the financial services industry.
FinTech Futures: Top five stories of the week – 28 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
What the FinTech? | S.3 Episode 8 | A hybrid approach to wealth management
In this episode of the podcast, we’re joined by Aaron Davis, director of product marketing at OneSpan.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Goldman Sachs snaps up retirement robo-advisor NextCapital
The transaction is expected to be completed in the second half of 2022.
Driving innovation in finance through trustworthy AI
Artificial intelligence (AI) is fast becoming an essential tool for the financial services industry.
UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront
Millennial and Gen Z-focused Wealthfront caters to “the next generation of investors”.
United Fintech acquires 25% stake in asset management platform Athena
The multi-stage acquisition deal is the company’s fourth acquisition in 14 months.
Digital wealth manager Wealthsimple exits UK
All eligible accounts will be transferred to Moneyfarm in January.
Sibos 2021: Connecting with customers is key to digital transformation
Banks should adopt a client-centred approach to their services to forge a deeper relationship with customers.
Robo-advisor Betterment achieves unicorn status with $160m capital injection
The funding was drawn from a Series F round and $100m credit facility.
Your financial digital twin
What if you had a digital twin that could manage your money faster and better than you?
Fintech funding deals globally 3-9 May 2021
Featuring Wealthsimple, CollectiveHealth, Bitso, Shift Technology, and Forge Global.
Fintech funding deals globally 1-7 February 2021
Featuring Stash, Built, LeaseLock, Valon Mortgage, and Metromile.
Innovations – moonshot thinking and the art of walking the Earth
In wealth management, innovations need challengers, ambitious goals… and patience.
From data to decisions: The rise of AI in retail banking
But first, banks need to de-silo their data and create a single data universe.
Banking Technology December 2019 / January 2020 issue out now
A year in review.
US challenger Unifimoney launched by former Samsung Pay exec
The new bank is aiming for a 2020 launch.
The best of Robo Investing 2019
Catch up on exclusive interviews from Robo Investing 2019 .
Nucoro warns 84% of wealth management digitisation could fail
Wealth managers must re-engineer their operations to compete.
Empaxis teams with InvestCloud to launch TAMP1
The platform is designed for small to medium-sized investment managers.
Schroders Personal Wealth troubled by IT issues
The launch of the joint venture between Lloyds and Schroders have prompted widespread complaints from staff.
