We’re just halfway into this year, but it has already given us the first harvest of Fintech innovations. With the rise of AI, regulators upping the game, and clients wanting it all in one click, the industry is far from coasting into a peaceful rest. Let’s see what’s new this year, who has just matured to steal the spotlight, and who’s building an ambitious future.
Many potential users of automated investment apps ask themselves the question in this headline. As Fintech booms with cutting-edge investment options, many still prefer to rely on human financial advice. What’s anchoring that lack of trust in autopiloting finances is a large amount of scam and fraud in automated investment.
But is it really deceit and the lack of transparency that turns people off in some cases?