Responsive aims to beat the Robo-Advisors with AI investing

Vancouver-based startup Responsive is launching an AI-driven, active management investment service this August. Read more: betakit.com

InsurTech Startup Receives Investment from Allianz Group

Simplesurance, a Berlin, Germany-based insurtech startup, received a minority investment from Allianz Group. Read more: www.finsmes.com

Uno allows Australians to broker their home loans online

A new online mortgage finance platform, uno home loans (uno), empowers Australian consumers for the first time to broker their own home loan. Read more: anthillonline.com

Standard Chartered Bank deploys wealth-tech platform

To stay competitive, Standard Chartered Bank is upgrading to Temenos' wealth management solution called WealthSuite. Read more: www.enterpriseinnovation.net

Insurance companies slow in bridging FinTech gap

Many acknowledge the threats and the opportunities of the fintech sector but are slow to respond in time. Read More: www.livemint.com

IdentityMind named most promising Risk Management Solution

IdentityMind Global, a pioneer of trusted digital identities, today announced it has been named as a Top 20 Most Promising Risk Management Solution. Read more: www.prweb.com

Morgan Stanley says Robo-Advisors are a major threat

Robo advisers aren't going away any time soon, and the wealth management industry needs to make some changes if it wants to beat them and a host of other threats it is facing. Read More: www.bloomberg.com

Insurtech startup Quilt raises $3.25M

Quilt, a Boston, MA-based insurtech startup focused on renters, raised $3.25m in seed funding. Read more: www.finsmes.com

Santander doubles the size of London FinTech venture fund

Banking major Santander has doubled the size of its fintech venture capital fund Santander InnoVentures with a $100m injection of fresh capital.

Finstar expands senior FinTech team with Timko hire

Finstar Financial Group has further expanded its fintech and financial services investment program with the hire of Eugene Timko.v

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