While robo-advisers bring real value and utility, there is mounting evidence that robo-advice alone will not attract affluent investors, according to GlobalData Financial Services. There …
Robo-advice growth? – why robo-advice has low consumer appeal
Despite all the FinTech marketing proclaiming robo-advice growth, across the generations an average of only 1% of consumers are using robo-advice for arranging their investments, according …
Cryptocurrency positives and benefits
Cryptocurrency positives and benefits include protection against identity theft; as well as greater clarity, accountability and quicker settlement, according to GlobalData Financial Services. Cryptoc…
The downsides of cryptocurrencies
The downsides of cryptocurrencies: Most agree that the blockchain technology that underpins crypto has definite value, particularly from a security perspective. Yet there are widely …
Why cryptocurrencies should not replace traditional currencies
Cryptocurrencies should not replace traditional currencies because they could badly damage the global economy, according to GlobalData Financial Services. GlobalData Financial Services says most preva…
Millennials poised to drive a philantrophic boom
Millennials are poised to drive a philantrophic boom, according to GlobalData Financial Services Investing back into society is growing in importance among the young and …
UK robo-advice standards must be raised
The Financial Conduct Authority’s (FCA’s) recent review of UK robo-advisers revealed serious failings at a number of providers. In a nascent market – where many …
Why Japan’s MUFG coin is a step forward for cryptocurrencies
Japan’s Mitsubishi UFJ Financial Group (MUFG) is set to introduce its own cryptocurrency called the ‘MUFG Coin’, in an effort to allay consumer hesitation around …
Royal Commission: Australia’s wealth market set to fragment
The Financial Services Royal Commission is poised to reveal widespread failure across the Australian financial planning sector, according to GlobalData Financial Services. The effects could …
Robo-adviser partnerships offer low-cost growth opportunities
In April 2018, Japan’s Nomura Asset Management announced it is investing in 8 Securities, a Hong Kong-based provider of robo-advice services. GlobalData Financial Services explains …