Tag : financial guidance

Half of Americans Now Ask AI for Financial Advice, but How Good Is It?
Artificial Intelligence Fintech News

Half of Americans Now Ask AI for Financial Advice, but How Good Is It?

GlobeNewswire
by GlobeNewswire0
New MIT Sloan School of Management research finds that while AI can improve saving and spending guidance over a lifetime, it still reflects biases tied to user inputs and struggles with portfolio rebalancing. Millions of households have turned to generative AI instead of human financial advisors for financial guidance, with......
Gen Brings Trusted Financial Intelligence to Microsoft's Copilot Discover Feeds
Artificial Intelligence Finance News

Gen Brings Trusted Financial Intelligence to Microsoft’s Copilot Discover Feeds

PR Newswire
by PR Newswire0
Engine by Gen to power real-time compliant financial insights and recommendations in Copilot-powered Discover feeds Gen, a global company dedicated to powering Digital Freedom, announced it is integrating Engine by Gen directly into Microsoft products like Copilot, MSN and Bing, bringing trusted, compliant financial information and relevant offers into AI-powered experiences......
Vera Launches as the AI Friend Who Won’t Side-Eye Your Spending
Artificial Intelligence Fintech News

Vera Launches as the AI Friend Who Won’t Side-Eye Your Spending

GlobeNewswire
by GlobeNewswire0
Vera is the first emotional AI banking companion transforming our relationship with money The numbers are revealing a crisis: Nearly 70 percent of Americans suffer from financial anxiety while 43 percent of Gen Z report experiencing “money dysmorphia.” In an era of constant digital comparison and economic uncertainty, our relationship with money has become as......
Artificial Intelligence Featured Finance Fintech Investments

Beyond Robo-Advisors: Is AI Finally Ready to Be Your Financial Advisor?

Fintech Staff Writer
by Fintech Staff Writer0
You may think that a personal financial advisor, one who can grasp all the nuances of your finances, is beyond your means. Such personalized advice was once the preserve of the ultra-wealthy. The first wave of technology attempted to solve this with robo-advisors, which was a good start. But what......
Quinn Harnesses the Power of AI to Scale Wealth Advisory Beyond Traditional Limits, Emerges from Stealth with $11M Seed Round
Artificial Intelligence Finance Fintech News

Quinn Harnesses the Power of AI to Scale Wealth Advisory Beyond Traditional Limits, Emerges from Stealth with $11M Seed Round

Business Wire
by Business Wire0
Revolutionary platform redefines financial advisory with scalable embedded advice for the masses Quinn, an AI-driven financial planning and advice platform, today announced it has emerged from stealth and raised $11 million in Seed funding led by Viola Fintech with participation of existing investors, to transform how financial institutions deliver personalized......
dub Raises $30M to Scale Copy-Trading and Transform Retail Investing
Finance Fintech News Trading

dub Raises $30M to Scale Copy-Trading and Transform Retail Investing

PR Newswire
by PR Newswire0
The copy-trading platform has raised a total of $47M to redefine retail investing — shifting the focus from picking stocks to picking people dub, the copy trading app, today announced its Series A raise of $30 million, co-led by Notable Capital and Neo, with participation from Sandberg Bernthal Venture Partners, Peak6 Strategic......
Finhabits Launches Emma: The First AI-Powered Bilingual Financial Planner for First-Time Investors
Finance Fintech News

Finhabits Launches Emma: The First AI-Powered Bilingual Financial Planner for First-Time Investors

PR Newswire
by PR Newswire0
Finhabits, the leading bilingual consumer fintech platform in the U.S., launches Emma, an AI-driven financial planner designed to empower investors with 24/7, bi-lingual and culturally-nuanced financial guidance. Built on eight years of proprietary data, Emma is designed to help investors develop better financial habits and long-term wealth. Addressing a Real NeedEmma arrives at a moment......
New Survey From White Clay: 68% of FI Users Do Not Feel Known by Their Primary Financial Institution
Fintech News

New Survey From White Clay: 68% of FI Users Do Not Feel Known by Their Primary Financial Institution

Business Wire
by Business Wire0
Survey explores how Americans perceive and engage with their primary financial institutions White Clay, a fintech that guides financial institutions to build deeper and more profitable relationships,  shared results from its latest survey conducted online by The Harris Poll. Nearly 2,000 U.S. adults who use financial institutions (FI users) were......
Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance
Banking Fintech News

Over 50% of Canadian Gen Z and Millennial Consumers Are Looking to Apps for Financial Guidance

EIN Presswire
by EIN Presswire0
GFT’s New Banking Disruption Index Explores Whether Canada’s Banks Should Partner With Digital Competitors For 90% of Canadian banking customers, saving is a top priority, but where they’re placing their money is shifting, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that......
How to Bridge the Financial Advice Gap for Millennials and Gen Z
Analytics Fintech Primers Guest Posts

How to Bridge the Financial Advice Gap for Millennials and Gen Z

Jennifer Valdez
by Jennifer Valdez0
The current economic environment is certainly challenging and for many, downright confusing. While some experts argue that the economy will avoid a downturn, others, including 95% of community bankers, believe the U.S. economy is already in a recession. With an economy we can’t quite seem to predict, younger generations are......
1