Venture capital

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups.

The cost of acquiring small account customers and pressure from incumbents quickly developing their own digital brands may be weighing on the popular app.

Amid a polarized climate, one firm is giving some clients what they've asked for.

Applications that tackle the industry's compliance issues, automate back-office processes and streamline clearing and settlements are drawing interest from venture capital firms.

Startups are applying AI and big data to determine how advisory clients make investment decisions in real time.

Just over half of all asset managers either have or are planning a “limited” number of machine learning initiatives.

Digital tools that help wealth management clients manage their emotions, he says, will have a big impact on the planning industry.

The fresh funding demonstrates the support behind the concept of simple apps that help consumers save and invest.

Industry critiques of Wealthfront reflect doubts about first-generation digital platforms.

The independent robo advisor has amassed just over $9 billion in assets under management since launching in late 2011.

Large wealth managers and banks will spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

The top independents all state going public is a goal, but there are doubts about broad market support.

The hybrid firm stated it now has $4.9 billion in AUM, with $1.4 billion gained this year alone.

The leading independent robo adviser added another $70 million in funding.

The app allows users, many of them first-time investors, to get started for as little as $5.

In the latest deal, financial planning software developer RightCapital secured $1.6 million in seed funding.

Private equity investors are "salivating" as they see inefficiencies to exploit in the financial advice industry.

Long Game uses behavioral economics and the mass popularity of lottery games to redirect lottery spending toward savings.

The infusion comes as the financial services industry continues to search for safer ways for customers to share their account data with third-party apps.