Online advice firms try an old tactic: ad spending

Even in advertising, digital advisors face an uphill battle

Unsubscribe View in browser IN|VEST WEST → December 5-6, 2019 | San Francisco Featured Speakers Agenda Attend FINANCIAL PLANNING 1. Even in advertising, digital advisors face an uphill battle By Sean Allocca 5 min read Personal Capital is the latest digital-first firm to spend on TV and magazine ads, acknowledging it is “challenging the legacy players in wealth management.” Read More → AMERICAN BANKER 2. Is Uber Wallet a challenger bank—or something more ambitious? By Kate Fitzgerald 4 min read Uber launched a series of financial services to provide real-time wage payments and enhanced account features in a single app, seemingly putting Uber in the role of a digital bank. Read More → AMERICAN BANKER 3. JPMorgan Chase plucks fintech specialists from rivals By Jon Prior 2 min read The company has recruited bankers from Wells Fargo, Deutsche Bank and smaller firms to expand its corporate banking team that serves financial technology clients. Read More → AMERICAN BANKER 4. New tech lets American Express instantly issue cards to immigrants By Penny Crosman 4 min read Newcomers to the U.S. tend to have a hard time getting credit cards because they lack credit history here. Amex has deployed technology from a fintech, Nova Credit, that could change this. Read More → FINANCIAL PLANNING 5. How venture capital funds are reinvesting in women By Paola Peralta 2 min read Female-founded startups receive less that 3% of all global funding, a report found. Read More → AMERICAN BANKER 6. The changing shape of bank-fintech partnerships By Will Hernandez 4 min read Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster. Read More → HOT MIC The trouble with banks' personal finance tools Q: Are personal finance management tools effective? A: “The issue is it caters to a very specific segment of customers, those that want to be in control of their finances and willing to put in some time to do the homework ... Up to this point, it's mostly a chore. It feels like homework,” says Wei Ke, a partner at Simon Kucher. Get the whole conversation → The Early Rate for In|Vest West Ends Friday In|Vest West will bring wealth management’s next wave of digital transformation to the stage. Join us to learn and meet the industry innovators, emerging fintechs, wealth management institutions and technology giants that are leading the way. • View the Agenda → And stay tuned. There are more to come! • Get your ticket → Early Bird rates end November 1. • Sponsor or demo at In|Vest West → Sign up now. Limited opportunities remain. See Full Agenda → Raising Capital Contactless donations startup Goodbox raises £1 million By Michael Moeser 2 min read Goodbox has raised £1 million (about $1.3 million) in capital, mostly from individual investors using the crowdfunding platform Seedrs following a 2017 investment from tennis star Andy Murray. Read More → ABOUT IN|VEST | In|Vest is the home of the wealthtech community and the digital leaders in wealth management. Since its inception, we've united more than 5,000 executives to explore the changes in the market and discover innovations in investing, saving and financial advice...... Learn More → Unsubscribe | Manage preferences | Privacy Policy | Reprints One State Street Plaza, 27th Floor, New York, NY 10004