Robo-Advice

Aug
02

Stockspot integrates with Class to provide accountants a direct data-feed for SMSFs

Stockspot, Australia’s leading automated investment adviser and fund manager, today announced an integration with Class Super, the leading provider of cloud SMSF administration software.   The integration will provide SMSF accountants and their clients with a direct data connection from Stockspot to Class enabling income processing and enabling investment tax reporting. Accountants will be able […]

By Australian FinTech | FinTech . Investing . Robo-Advice
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Jul
29

Fintech luring more bank customers, says UBS

More Australians will turn to start-ups for financial services in the next year, according to a UBS report, which shows incumbent banks are complacent about the threat of disruption but are also seeking to partner with fintech firms to help them cut costs and improve customer experiences. UBS banking analysts surveyed 27,914 customers of more […]

By Reposted by Australian FinTech | Banking . Blockchain . Currency . FinTech . Investing . Payments . Peer-to-Peer . Robo-Advice
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Jul
27

Stockspot launches AI for financial advice

Local automated investment adviser and fund manager Stockspot has announced a move into artificial intelligence and machine learning, launching what it says is Australia’s first digital financial assistant. Stockspot founder and CEO Chris Brycki said the AI functionality analysed the data of thousands of clients and made targeted recommendations, helping investors optimise their portfolio as […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Jul
26

Robo-advice and mobile alerts are the future of banking

New app aimed at reducing trader errors, while Westpac banks on bots. Banks and financial institutions are ramping up competitiveness and improving their mobile offerings in an effort to maintain and assist customers, traders and employees. A new report by US market research company Forrester says banks will increasingly use banking apps to provide money […]

By Reposted by Australian FinTech | Banking . FinTech . Robo-Advice
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Jul
22

Brexit provides lessons for Australia’s FinTech start-ups

[ Extract ] Lessons for Australia Australia’s FinTech scene, scarcely acknowledged eighteen months ago, has developing rapidly and now commands the attention of policymakers, banking executives and the financial media here alike. We have a highly advanced financial services sector, one that is acknowledged globally as mature, skilful and well regulated. It contributes around AU$140 […]

By Reposted by Australian FinTech | Currency . FinTech . Payments . Peer-to-Peer . Robo-Advice
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Jul
21

Quantifeed Raises US$4.5 Million in Series A Funding

Quantifeed, a leader in digital wealth management solutions in Asia, has reached a significant milestone by closing US$4.5 million in a Series A financing round. Shanghai-based PGA Venture Partners led the investment. The funds will enable Quantifeed to accelerate expansion in key markets in the Asia Pacific region, including China. “The battle in digital wealth […]

By Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Jul
11

Row emerges over digital advice regulations

A row is developing in the financial planning sector with so-called robo-advisers claiming that regulatory measures proposed by the Financial Planning Association would make the provision of digital advice unworkable. In a submission to the Australian Securities and Investments Commission, which is in the midst of consulting industry on how digital advice should be regulated, […]

By Reposted by Australian FinTech | FinTech . Robo-Advice
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Jul
08

Infocus enters Robo-Advice Market with earnie.com.au

Infocus Wealth Management (Infocus) today announced the launch of earnie.com.au, the group’s direct-to-consumer financial advice solution. earnie.com.au is available at no cost for consumers, providing simple smart investing for Australians from all walks of life. Launching earnie.com.au delivers Infocus access to the rapidly emerging market in direct to consumer advice. In combination with national operations […]

By Reposted by Australian FinTech | FinTech . Robo-Advice
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