Venture capital (VC) investment in fintech saw a five-quarter high of US$3.3 billion.
Online platforms may be on the rise, but the advisor-client relationship isn’t going anywhere. “The prospect of fully automated advice is not something Canadians should expect in the near term,” says a draft report on fintech innovation by the Competition Bureau. The comment is made in relation to suitability risk for robo-advisors, such as flawed […]
Horizons ETFs has launched Horizons Active A.I. Global Equity ETF, the first ETF in Canada and the first equity-focused ETF in the world to use artificial intelligence (AI) for investment decisions. Read: How to take part in the digital revolution The ETF provides actively managed exposure to global equity indexes, primarily using North American ETFs. […]
Half will launch their own fintech
Your business-owner clients need to figure out how to harness technology as well as leverage Canada’s shifting labour demographics, suggests a BDC study. (Registration is required to download the study.) One reason for this, the study reveals, is businesses that have embraced digital tech have not only improved their customer experience (49%) but also boosted […]
Global regulators get high-tech with enforcement
Scotiabank has partnered with Latin America-based NXTP Labs
Innovation provides plenty of investing opportunities in industrials and technology. Choosing the best companies often means following the money. The sector has seen sales growth, and that bodes well for capital spending, which tends to lag sales, says Chris Kerlow, CFA, in a Richardson GMP market report. He cites consultancy-services company WSP as a stock […]
Evolve Funds Group Inc. wants to offer Canada's first cryptocurrency ETF
Evolve Funds Group has launched two ETFs on the TSX: Evolve North American Gender Diversity Index ETF is Canada’s first gender-diversity ETF and provides access to the top-150 North American companies most focused on gender equality and workplace inclusion. A gender-ranking methodology, provided by Equileap, is used for the ETF. Read: Are you missing this […]