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How are the following companies utilizing new technology in the provision of financial services?How are the following companies utilizing new technology in the provision of
How are the following companies utilizing new technology in the provision of financial services?How are the following companies utilizing new technology in the provision of financial services?
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is a roboadvisor. It used the advances in artificial intelligence to provide computer based investment advice.
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is an alternative loan platform that links consumers to individual lenders using their online platform.
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Wealthfront
Metromile
Acorns
LendingTree
is a car insurer that allows consumers to pay by the number of miles they drive. The data on how much its customers are driving is collected automatically by the car and transmitted to the company.
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is a roboadvisor with a twist. They link to customer purchases and automatically invest their money based on a rule such as "taking the change." They combine both the artificial intelligence technology of how to invest with the communications technology of being able to implement rules like invest the change from every purchase.
Acorns, lending tree, metromile,wealthfront
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