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.