robo advisors

Jun
05

How AI is becoming an asset to the finance industry

As AI transforms an increasing number of domains, players in the finance industry are moving fast to keep pace. While many people are aware of the term artificial intelligence (AI), this is largely in relation to the more extreme use-cases of AI such as flying cars and Sophia the AI robot. Yet, much of our […]

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

Think you’ve innovated? Enter the finder Awards 2018 to show ‘em what you’ve got

We’ve seen our fair share of fintech innovations over the past few years. From robo-advice to peer-to-peer (P2P) lending to Blockchain, innovation has been offered in spades within the Australian marketplace. The finder Awards 2018 celebrates excellence in local business innovation by recognising creativity and impact across key industries including banking, property, retail, travel and […]

By Australian FinTech | Banking . Blockchain . FinTech . Peer-to-Peer . Robo-Advice
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May
21

Pensioners prime market for robo-advice

There is considerable opportunity to provide robo-advice to pensioners seeking affordable, accessible and personalised advice, according to GlobalData. The company’s 2017 Life & UK Pensions Survey found that 63 per cent of individuals accessing financial advice used it to discuss pensions, which usually was through visiting online platforms that provided automated advice. GlobalData pointed to […]

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

Six Park partners with Heffron to launch transparent, low-cost SMSF solution

Automated investment provider Six Park has today announced it has partnered with leading independent self-managed super fund (SMSF) administration provider Heffron to offer a transparent, low-cost, digitally driven, end-to-end SMSF service. The partnership allows SMSF trustees to establish an SMSF and take advantage of robo-advice for their fund, with Heffron managing the compliance and Six […]

By Australian FinTech | FinTech . Investing . Robo-Advice
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Apr
26

Robo-advice platform powers financial advice firm Collins House

Robo-advice platform Clover.com.au has entered an agreement to provide proprietary online financial advice and wealth management technology to private wealth firm, Collins House. Clover chief executive officer and co-founder, Sahil Kaura, said the platform would algorithmically assess information provided by customers to determine if a managed discretionary account (MDA) service was appropriate on a case-by-case […]

By Reposted by Australian FinTech | FinTech . Robo-Advice
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Apr
24

Robo advisers march in tracks of royal commission scandals

The shenanigans revealed by the banking royal commission over the past week will inevitably draw attention to the emerging batch of start-ups offering digital financial advice. Often referred to as “robo advisers”, these technology companies are cutting investment fees through automation thereby removing the human foibles dramatically exposed by Commissioner Kenneth Hayne’s inquiry. The commission […]

By Reposted by Australian FinTech | Banking . FinTech . Investing . Robo-Advice
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Apr
19

Australian millennials have taken to robo financial advice

Australian millennials are dominating when it comes to using robo-advice to get ahead with their money, according to the latest Robo-advice Report from Investment Trends. The study is based on a survey of 10,000 online investors and 1,425 financial advisers between February and December 2017 across Australia, the US, the UK, Spain, Germany, France, Singapore […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Apr
11

Australia lags on digital banking revolution: Oracle survey

Would you be prepared to give a little-known business access to your most sensitive financial data, if it meant getting a better deal on your home loan? This type of question is set to become increasingly relevant in the coming years, as the big data revolution joins forces with a push for greater competition in […]

By Reposted by Australian FinTech | Banking . FinTech . Lending . Peer-to-Peer . Robo-Advice
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