Investment technology

Come the second quarter of 2024, JPMorgan Automated Investing will be no more.

Investors think the billions being shelled out to keep up with the likes of Amazon might be better spent elsewhere.

Lenders have learned that automated wealth management tools enhance financial advisers' interaction with clients and can bring in more business.

They will be deployed to the branches and teach veteran brokers how to make use of the firm's new high-tech wealth management tools, the company says.

Webster Bank’s partnership with the national broker-dealer LPL is a reversal of its initial opposition to robo-advisers. It is the latest regional bank to enter a market first claimed by the biggest banks.

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

Bank of Canada governor says digital currencies could cause “significant disturbance”; JPM testing quantum computing's abilities.

Millennials want mobile-first digital advice, and will invest millions on such platforms.