WEALTHTECH

In addition to innovations making planners more productive and freeing up their time, in the future, tools will provide better data-driven intelligence about clients. Read more: www.investmentnews.com

Personetics, the leading provider of personalized digital guidance solutions for the financial industry, announced the launch of an industry-first AI bot. Read more: www.finextra.com

Swedish savings app Qapital has picked up $12m in a Series A round to further develop its personal finance platform. Read more: www.fintechroundup.com

Stock market tracking app Spiking has raised $750,000 in a seed round of funding from a group of individual investors. Read more: www.fintechroundup.com

Russia's Sberbank has introduced an online personal assistant that uses machine learning to provide customers with useful advice. Read more: www.finextra.com

BVA Compass, the US subsidiary of the Spanish banking giant BBVA, purchased the neobank Simple almost three years ago for $117 million. Read more: bankinnovation.net

A third of investors in a recent Fidelity survey said they would switch advisors if they weren't active technology users. Read more: www.financial-planning.com

Citizens Bank said Thursday it is partnering with SigFig, a leading robo-adviser, to help manage the portfolios of the bank's 1.2 million middle-income retirement savers. Read more: Read more: www.reuters.com

Maintaining fiduciary responsibility with a robotic investment platform suggests two potential scenarios: increasing use of human advisers, and deploying sentiment analysis technologies to better undersatnd nonverbal communication between planners and clients. Read more: www.finovate.com

Australia-based banking tech provider Rubik has signed wealth management company Yellow Brick Road (YBR) for its scaled advice solution, Provisio. Read more: www.bankingtech.com