Fintech News Issue #141 November 9th, 2017

We literally send you warm greetings from Lisbon. We are at the Web Summit doing interviews, getting to know the people who shake the industry and enjoying a little taste of summer in November. Next week will be a special issue with a number of video interviews with most interesting startups and established companies in fintech. Until then, enjoy more news and event announcements in the industry. – Michael and the FinTech Weekly team

Top Stories

    Why Robo-advisors are becoming popular
    via FinTech Weekly Magazine

    Robo-advisory, along with artificial intelligence and big data, is a top trending buzz-word. It is the Uber of the professional investment advisory world, eliminating the intermediate role and thus reducing fees for the end-user.

    The biggest threat for the banking sector is not fintechs. No, according to a recent report by McKinsey, that would be non-banking companies such as Amazon and Alibaba.

    Fuck Token
    via Fuck Token

    Rather unusual language being used here and by far not a new thing. But be advised to watch the video on the page. This sums up the blockchain hype perfectly [editor's note]

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