Mercer launches Facebook advice service


Superannuation administration group Mercer has launched a new Facebook-based robo advice service that leverages artificial intelligence to calculate the amount of money users will have to retire on. The group sa.. Read More

AMP launches facial recognition for apps


AMP has made facial recognition technology available on its mobile apps Bett3r and My AMP, meaning AMP customers and app users with the new iPhoneX can securely log in with no touch ID or passcode needed. In a s.. Read More

Opinion - Black hats fuel planning emergency


The financial planning industry is brimming with a great deal of enthusiasm at the moment. While there may be some negativity brewing around legislation, technology seems to be coming up with innovative ways of deliv.. Read More

SelfWealth to list on ASX


Online investment community and trading solution SelfWealth has announced it will seek to raise up to $7.5 million from an initial public offering (IPO) to list on the ASX. In a statement, the group, which was o.. Read More

Estate planning must include social media


Advisers should help clients understand how their social media accounts might be affected if they lose capacity or pass away and include these as part of discussions around a client's estate, according to Australian .. Read More

Innovation hub yields 36 new AFSLs


The corporate regulator has granted more than 30 new financial services licences to fintech businesses since establishing its innovation hub, with robo advice being the most popular product category among firms makin.. Read More

WealthO2 taps into new platform demand


Wealth management software firm WealthO2 has doubled its funds under management in just three months on the back of increasing demand from advisers seeking alternative platform services. WealthO2 managing direc.. Read More

Australian robo yet to reach critical mass


The Australian market is still at least a year away from robo advice reaching critical mass among investors, with the next phase of evolution likely to be around robo products that are tailored to specific consumer d.. Read More

Netwealth unveils IPO details


Netwealth has revealed details of its upcoming initial public offering (IPO), with the platform provider set to list on the ASX on 20 November. In a statement, the company said it would seek to raise $264 milli.. Read More

Fintech Australia launches insurtech group


Fintech start-up association Fintech Australia has formed a new division specifically for insurance technology or ‘insurtech’ start-ups as the sub-sector continues to grow in the local fintech market. .. Read More

Australian firms fast to embrace fintech


A new KPMG report has found that Australian financial institutions have acted faster than their global peers in implementing digital strategies. This was a key finding of their report “Forging the future: .. Read More

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