Saturday, July 27, 2024

Robo advisors push wealth management into 21st century

Algorithm-based advice appeals to mature users as well as younger customers Wealth management, the hot ticket in recent years for banks. Read more: www.bankingexchange.com

Innovation blog: InsurTech trends are reshaping insurance

Chris Finney, partner at law firm Cooley (UK), on how peer-to-peer and crowd-sourced insurance are already making inroads into the industry. Read more: www.insurancetimes.co.uk

What’s the right amount of Robo for Investment Management?

The robots are here! But before you run for the hills, we're talking R2D2, rather than Daleks. Benevolent machines, doing our heavy lifting, but better, faster and more reliably. Read more: businessnewswales.com

Islamic banks unveil platform for investment accounts

KUALA LUMPUR: Six Islamic banking institutions have launched the first bank-intermediated financial technology (fintech) platform, known as the investment account platform (IAP). Read more: www.thestar.com.my

$50 million for ThoughtSpot’s search engine

ThoughtSpot, which you should think of as a Google for data analysis within a business, has raised $50 million in Series C round of funding, because its technology is pretty damn cool. Read More: techcrunch.com

New “PropTech” business models in UK commercial real estate

A round table discussion held by the Study of Financial Innovation in London on featured presentations from new online marketplace platforms offering opportunities in the UK commercial real estate. Read More: www.fintechlawblog.com

FirstMark Capital’s Matt Turck on the big data landscape

Today, the big data sector amounts to more than 7.5 percent of total venture investments. So where are we in the world of big data, and is the recent obsession with AI still fundamentally related to big data? Read More: techcrunch.com

Yandex puts Apple Pay online

Online stores and other merchants, which accept payments via Yandex.Checkout, Russia’s leading payment service provider, can now offer Apple Pay. Read more: www.finextra.com

Swiss Re launches first-ever InsurTech accelerator

Swiss Re has launched its first-ever corporate InsurTech accelerator to help startups develop business solutions that it says can ‘revolutionise the way re/insurers conducts business’. Read more: www.intelligentinsurer.com

Microsoft is developing a blockchain ID system for the UN

One of the UN's Sustainable Development Goals is to provide everyone in the world with legal identity. And Microsoft and its partners believe this is a perfect case for blockchain technology. Read more: www.neowin.net

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