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FinTrack: May 2018 - Tracking innovation in financial services

FinTrack: May 2018 - Tracking innovation in financial services

Summary

Every month, FinTrack will showcase the latest innovations from financial providers around the world. Each innovation is assessed and rated on key criteria, providing you with valuable insight.

The provision of financial services is constantly evolving, with new technology having a particularly significant impact. Innovations such as digital delivery, AI, biometrics, and robo-advice are enabling providers around the world to offer new and improved services to customers that will improve the way they manage their finances. The growing availability of these technologies is also making it easier than ever for new entrants to develop their own propositions and challenge the established providers.

Scope

  • Australian banks come together to launch Beem It P2P service
  • Teambrella introduces community voting on claims payouts
  • Digipigi from Credit Suisse makes money management a rewarding experience for children
  • Fidelity introduces ‘Cora,’ a virtual reality financial agent.
Reasons to buy
  • Keep up-to-date with the latest innovations from your competitors.
  • Develop cutting-edge product and channel strategies.
  • Identify the latest trends in the delivery of financial services.


Consumer Payments
Australian banks come together to launch Beem It P2P service
Deutsche Bank launches new pilot payment scheme
MySquar taps Uber Remit for mobile remittance service
General Insurance
Marshmallow offers car insurance for those with international licenses
Perkbox improves work culture through its employee benefits platform
Teambrella introduces community voting on claims payouts
Retail Banking
Digipigi from Credit Suisse makes money management a rewarding experience for children
HSBC’s Connected Money app gives users an aggregated view of their accounts with different providers
Wealth Management
Exo Investing launches an investment platform of 500 ETFs
Fidelity introduces ‘Cora,’ a virtual reality financial agent
Legal & General launches a gender diversity fund
Appendix

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