137 articles tagged with this keyword
News/robo-advisor
The chief economist of the Bank of England (BoE) has warned that the rise of artificial intelligence could leave large groups of people "technologically unemployed" unless there was a skills revolution.
21 August 2018
Tally, an automated credit card debt management app, has raised $25 million in a Series B funding round led by Silicon Valley VC Kleiner Perkins.
25 July 2018
B2B robo-advisory tech platform Bambu has landed a $3 million Series A funding round led by Franklin Templeton Investments to further the company's global expansion plans.
12 July 2018
A much anticipated report from the US Treasury on regulatory reforms for the fintech sector is set to recommend the use of regulatory sandboxes and fintech charters at both a state and federal level.
22 June 2018
UBS has joined a group of cash-rich VCs in a $50 million funding round for robo-advisory outfit SigFig.
19 June 2018
US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.
12 June 2018
Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.
24 May 2018
Welcome to Finextra's live coverage of NextGen Banking London. The event promises to explore what the AI revolution means for banks - and what financial institutions need to do to benefit from AI, and ensure their customers do so as well.
17 May 2018
UK robo-advisor Munnypot has secured its first white-label deal with Denmark's Jyske Bank.
21 February 2018
Morgan Stanley is the latest Wall Street titan to enter the robo-adviser arena, launching a digital platform it hopes will attract the high net worth clients of the future while they are still millennials.
05 December 2017
The Royal bank of Scotland's NatWest unit will on Monday begin offering a digital investment service to its five million online banking customers.
17 November 2017
ABN Amro is moving into the robo-advisory space, preparing for the launch of a new digital wealth management platform in Germany.
09 November 2017
Wells Fargo is blending robo-advisor technology with the human touch for a new investment advisory account dubbed Intuitive Investor.
06 November 2017
Japan's megabanks are planning to make huge, long-term cuts to their workforces as they increasingly turn to artificial intelligence (AI) and automation in a bid to streamline operations and cut costs.
31 October 2017
UK digital wealth platform Moneyfarm is aiming to move into the personal financial management space with the acquisition of financial chatbot technology startup Ernest.
06 October 2017
UK insurer Aviva has acquired a majority stake in a startup robo-adviser for an undisclosed sum.
05 October 2017
ING in Germany is to roll out a digital wealth manegement service in a pilot project with robo-advisory startup Scalable Capital.
14 September 2017
BNP Paribas has made a move into the robo-advisory sector, buying a majority stake in Belgian specialist Gambit Financial Solutions. Terms of the deal were not disclosed.
07 September 2017
Absa has launched Virtual Investor, an online self-service investment platform that uses algorithms to recommend a product for customers based on their financial attitudes to risk.
02 August 2017
Online financial advisory firm Betterment has raised $70 million, valuing the robo-advisory hybrid at $800 million.
24 July 2017
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