A minority (16%) see robo-advice as an opportunity, 31% see it as a threat, but the majority (53%) were neutral.
Every year we feel privileged to receive so many amazing stories from financial institutions from all over the world, and a little daunted by the prospect of having to pick the most worthy award recipients
Still, even with Fink's commitment to retaining human insight over computing power, the industry’s shift toward automation is already underway and seemingly inevitable.
Another job that has vanished due to technology is the tax collector, as companies chose to digitize their taxes, saving money that would’ve been otherwise spent on hiring more employees.
Money management firms are grappling with a requirement under incoming rules that will change the way they access and pay for research. The second iteration of the Markets in Financial Instruments Directive, a European regulation set to come into force J
The Polish banks took the hackers bait, the scheme was detected fairly quickly, and there is no evidence that any money was stolen from the intended targets.