This week in FinTech: infographics give us an overview of the industry, how AI is shaping the wealth management industry, regulators take a closer look, and last week’s funding rounds.
Fintech Industry Outlook 2016 (Call Levels Blog)
These must-see infographics give you the who, what, when, where and why of the Fintech industry. Peek the “where” below:
AI in Digital Wealth mgt: Sniffing out investment opportunities (Daily Fintech)
AI isn’t yet a “big bang” in wealth management, and it will likely continue to grow incrementally. Here’s how fintech companies across the globe are using natural language processing, sentiment analysis, predictive analytics, and clusters.
Regulator Moves to Create New Fintech Framework (The Wall Street Journal)
This weekend, regulators are issuing a ‘white paper’ on the need to craft new regulations that encourage responsible innovation in the fintech sector. Part of the regulatory framework was inspired by the FCA’s “Project Innovate,” which allows companies to submit new ideas to regulators – giving them a consistent way to evaluate new financial products.
Last week was the 12th consecutive round of 20+ fintech fundings. In the investing sphere, investors piled their money into Edgewater Markets, FX trading; HomeUnion, a real estate investment marketplace; Hockeystick, data for private equity; and LiquidX, a marketplace for finance assets.