InsurTech’s challenge to industry could open long-term opportunities
Technology startups can gather a huge amount of potentially very valuable information about customers, insurers are in a better position to turn this data into a competitive advantage. Read more: www.wrin.tv
Is robo advice the best advice?
Backers of “robo” investment platforms claim they can help advisors meet the fiduciary standard. Others aren’t so sure. Read more: www.wealthmanagement.com
Monzo crowdfunding round rockets through $2.5m target
Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign. Read more: www.fintechroundup.com
Regulatory technology is a new remedy for emerging regulations
Financial regulations may not be the most exciting business area, but there are some exciting technological developments that could open up new opportunities. Read more: channels.theinnovationenterprise.com
Epam wins $300m UBS deal
The world's largest wealth manager, UBS, has inked a $300 million-plus, multi-year deal with technology firm Epam Systems as it seeks to put IT at the heart of its cost reduction programme. Read more: www.finextra.com
UK challenger banks: who’s who
With so many new entrants trying to muscle into the UK banking sector, Banking Technology has put together a comprehensive list of the known challengers. Read more: www.bankingtech.com
The Naga Group lands €12.5m to grow social trading app SwipeStox
The Naga Group, the company behind social trading app SwipeStox, has picked up €12.5m in a Series A round from Chinese investment fund Fosun. Read more: www.fintechroundup.com
Canadian robo-advisor Nest Wealth picks up $6m
Toronto-based automated wealth advisor Nest Wealth Asset Management has raised $6m from the National Bank of Canada. Read more: www.fintechroundup.com
SHB alters ‘banking on the move’ with wearable banking
This will see the bank introduce more innovative ways to engage with its retail customers in KSA. Read more: www.letstalkpayments.com
Raymond James to roll out robo-adviser in 2017
Raymond James Financial is rolling out a new digital platform with robo-adviser-like technology this year, the St. Petersburg, Florida-based firm said on Monday. Read more: www.reuters.com