Design
Conversational AI Assistants in Modern FinTech
Reading Time: 6 minutes The FinTech industry is no stranger to AI innovation, and the rise of conversational AI assistants—be it text-based chatbots or voice-enabled systems—is one of the most transformative developments in recent times. These intelligent systems reshape customer interactions, automate services, and Read more…
Digital Brokerage
The Role & Impact of Robo-Advisory Models in Trading
Reading Time: 3 minutes In the aftermath of the 2008 global financial crisis, trust in traditional financial institutions was at an all-time low. Investors, wary of human error and the high costs associated with financial advisors, sought alternatives, and that’s when the concept of Read more…
FinTech
The Strategic Value of AI Partnerships for Brokerage Firms
Reading Time: 3 minutes Robinhood’s recent acquisition of Pluto Capital, a FinTech specializing in AI-driven investment strategies, has sent a clear signal to Wall Street: AI is becoming a key technology investment for capital market firms. This move is not an isolated incident; it Read more…
Design
Four Key Benefits of AI for FinTech Customer Experience
Reading Time: 3 minutes As more people rely on digital solutions for their banking needs, the impact of AI becomes increasingly relevant to our daily lives. AI’s market value is expected to reach $190 billion by 2025, and its integration into financial services can Read more…
Defi
Tokenization of Assets: Opportunities & Challenges
Reading Time: 4 minutes Roland Berger Consulting estimates that the total market value of asset tokenization will exceed USD 10 trillion by 2030, while BCG projects a USD 16 trillion. Current on-chain analytics suggest that $3 billion in assets are already tokenized, with major Read more…
FinTech
Celebrity ICOs – A Cocktail of Crypto and Chaos
Reading Time: 3 minutes Just when we thought the hype around Dogecoin died down, there’s a new memecoin in town. In June 2024, PlayDoge raised $5 million in a viral ICO, reminiscent of Dogecoin’s wild ride in 2021, thanks to Elon Musk’s viral tweets. Read more…
FinTech
How Can Brokers Strengthen Their Cybersecurity Posture?
Reading Time: 3 minutes Numbers released from DTCC on Jun 4, 2024, (one week into the T+1 transition in North America) showed that Wall Street had just passed what many thought would be the toughest test of the accelerated T+1 regime. Key trade fail Read more…
Digital Brokerage
How to Integrate Fractional Trading to Your Offering
Reading Time: 4 minutes The narrative that retail investors are less experienced than their Wall Street counterparts (aka institutional investors) has shifted significantly over the last five years. Perhaps the democratization of trading tools and education has empowered ‘Main Street’ traders to become more Read more…
Design
Finding New Opportunities in AI-Based FinTech
Reading Time: 4 minutes With the financial landscape shifting from traditional models to a digitally-centric approach, AI technologies are central to achieving higher efficiency and driving innovative strategies. According to a recent report by McKinsey, AI applications in the FinTech sector could potentially deliver Read more…
FinTech
KYC for the Future: Strategies for Common Compliance Issues
Reading Time: 3 minutes Current brokerage KYC processes are complex and cumbersome, often resulting in non-compliance and hefty fines. In 2023, Merrill Lynch was fined heavily for failing to address AML-related compliance. Despite financial institutions worldwide spending an estimated $58 billion on KYC compliance Read more…
FinTech
The Evolution of Chatbots in FinTech and Brokerage
Reading Time: 3 minutes Chatbots are evolving from simple, algorithmic query handlers to sophisticated virtual assistants capable of offering insight and solutions. Today, nearly 80% of financial institutions are leveraging chatbots, even if only in pilot projects. However, their role isn’t just confined to Read more…