Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Sibos: Real-time charity, student winners and the human side of AI

Wrapping up Sibos 2018, Bill Doran, Swift’s head of Oceania, demonstrated Australia’s real-time payment system with a live charity drive, while Monash University student team Hebe won AUD$30,000 with its proposal for helping Australia’s banks protect consumer privacy in a world of open banking.

25 October 2018

Company update/robo-advisor

WiseAlpha launches robo-manager for retail investors

WiseAlpha, the online market offering retail investors access to corporate bonds, has launched an automated service for risk setting and sector selection.

23 October 2018

Company update/regulation

Singapore eases rules for robo-advisors

The Monetary Authority of Singapore (MAS) today issued the Guidelines on Provision of Digital Advisory Services, to facilitate the provision of these services in Singapore. The guidelines incorporate feedback from the public consultation as well as learning points from MAS’ engagements with the industry.

08 October 2018

News/robo-advisor

Got £20 a month to spare? Santander has a robo-advisor just for you

Banco Santander has launched a mass-market robo-advisory service for customers with as little as £20 a month to set aside.

05 October 2018

Company update/startups

Mortgage comparison and switching platform Dashly goes live

Dashly, the UK’s first genuinely ‘always-on’ mortgage switching platform that will “become the default way of sourcing your next mortgage”, according to an independent report* by personal finance expert Andrew Hagger, has launched today.

02 October 2018

Company update/robo-advisor

Raiz Invest launches facebook chatbot

Raiz Invest Limited, the mobile-first micro-investing platform, has today launched a chatbot to improve the user experience.

18 September 2018

Company update/robo-advisor

MortgageGym raises £3.8m

MortgageGym, the FCA-regulated mortgage robo-adviser, has announced the successful completion of a funding round of £3.8m from investors, including LSL Property Services plc (LSL), which is the parent company of the UK’s second largest mortgage network.

17 September 2018

News/robo-advisor

UBS closes SmartWealth robo-advisor, sells tech to SigFig

Little more than a year after launch, UBS is shutting down its SmartWealth digital wealth management platform for non-super rich Brits and selling off the technology to US robo-advisor SigFig.

29 August 2018

News/robo-advisor

OCBC launches robo investment service

Singapore's OCBC Bank has launched a robo investment service using technology from local startup WeInvest.

23 August 2018

News/robo-advisor

JP Morgan preps investing app with free trades

RobinHood, meet the Sheriff of Nottingham. JP Morgan Chase is entering the retail investing business, launching an app that lets its millions of customers make free trades.

22 August 2018

News/robo-advisor

BoE exec warns of AI job threat

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

Company update/robo-advisor

DriveWealth and Bambu launch robo-advisory platform

DriveWealth Holdings, Inc. (“DriveWealth”), a fintech company providing brokers, digital advisors and mobile online financial services companies seamless access to the U.S. securities market, and Bambu, a global provider of robo-advisory technology, today announced the launch of a white-label, end-to-end robo-advisory platform solution for the wealth management industry.

07 August 2018

News/robo-advisor

Automated debt management app Tally raises $25m

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

News/robo-advisor

Robo-advisory tech outfit Bambu completes $3 million raise

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

Company update/robo-advisor

Orange partners with Additiv to offer digital wealth management services for financial institutions

Orange Business Services and Additiv, an expert in digital solutions for the financial market, have teamed up to offer digital wealth management as-a-service products to financial institutions.

02 July 2018

Company update/robo-advisor

Munnypot scores investment from Livingbridge

Many people in the UK are currently unable to access investment advice because the minimum investment values are prohibitively high and the fees too steep.

27 June 2018

News/robo-advisor

US Treasury fintech report to make regulatory recommendations

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