robo-advisor

137 articles tagged with this keyword

/wealth

Robo-advisers are facing their first major downturn

The expected global recession brought on by the Covid-19 pandemic will prove a stern test for robo-advisers that have attained a healthy degree of popularity in recent years.

/wealth

Belgium's InvestSuite raises EUR2m

Belgian B2B wealthtech startup InvestSuite has topped up its seed funding round with an extra EUR2 million.

/wealth

Singapore robo-advisor Smartly shuts down

Singaporean robo-advisory platform Smartly is to wind down, citing intense competition in the wealth management space.

/wealth

Robo-advice market is a glimpse of evolution in banking

Germany’s growing robo-advisory market could be seen as a bellwether for how the country’s banking market will evolve, according to a new research paper by Deutsche Bank.

/wealth

Citi rolls out digital investment tool

Citi's consumer business has introduced a digital wealth investment tool for clients with as little as $1500 to invest.

/robo-advisor

KBC launches bot-based investment account

Belgium's KBC has launched an online investment account run entirely by a bot-based assistant dubbed Matti.

/wealth

Deloitte research highlights plight of robo-advisory business model

Research by Deloitte has found that funding for invest-tech platforms dipped sharply in 2019 to match a long-term slump in the number of new firms coming to market.

/wealth

HSBC to bring money market trading to the masses

HSBC in Hong Kong is offering mobile customers with as little as HK$100 to invest the opportunity to build a stake in six bond and equity index funds.

/sustainable

Standardised data reporting is the lynchpin for future of sustainable finance

In a recent survey by State Street Global Advisors, 52% of European investors cited regulation as the key driver toward ESG adoption. Yet, despite attempts to introduce regulatory requirements, a lack of standardisation in reporting obligations is proving a significant challenge towards achieving meaningful progress.

/retail

Canadian brokerage Questrade eyes banking license

Toronto-based online brokerage Questrade is applying for a federal banking licence, paving the way for it to open an online bank.

/robo-advisor

Plum raises another $3m and launches on Android

Closing a second round of funding with a $3 million investment, AI powered smart savings app Plum now boasts a total lifetime investment of $9.3 million.

/robo-advisor

Research highlights the work that robo-advisers still have to do

Research by wealthtech provider, Nucoro, shows that only 8% of people believe a robo-adviser would provide the best returns on their money.

/robo-advisor

DBS launches hybrid robo-advisory wealth management service

DBS has developed a hybrid human-robo investment service which is now available to customers in its native Singapore.

/robo-advisor

Nutmeg expands human-led service in ongoing bid for profitability

Nutmeg's head of advice Lisa Caplan has spoken to Finextra about the continued expansion of its digital wealth management offering beyond the automated investment platform for which its known.

/payments

AI will drive productivity in the payments industry

The payments industry is increasingly being exposed to the technological transformation that is occurring outside of the financial services sector. But is the space ready to drive productivity in payments with artificial intelligence?

/robo-advisor

AI, cloud, blockchain and beyond: Changing the financial world individually and in tandem

AI, cloud, blockchain and quantum computing form some of the pillars the much-discussed Fourth Industrial Revolution, with financial services watching on in anticipation of the disruption they promise in the years ahead.

/ai

UK digital wealth manager Rosecut scores investment

London-based AI-enhanced digital wealth manager Rosecut Technologies has secured investment from QVentures.

/ai

Can AI detangle the spaghetti of banking systems?

At Microsoft’s Future Decoded event in London, AI was the principal topic for discussion, with financial services no exception.

/robo-advisor

RBC opens robo-advisory service to cash-poor customers

While other banks shut down under-performing robo-advisors, Royal Bank of Canada is doubling down on its strategy, opening up the automated investing service to customers with as little as $100 to spare.

/ai

AI and enhancing the human element in financial services

At SIBOS 2019, industry experts will be discussing how the financial services sector is in the vanguard of deploying AI on a global scale and whether the technology will be a transformative force or has the potential to act as an existential threat.