Betterment and Wealthfront are two of the biggest names in automated, web-based, investment portfolio management. Both aim to simplify options, offering a broad selection of exchange-traded funds, and streamline investing decisions via sophisticated algorithms that allocate and optimize portfolios. This human-less process translates into lower costs for customers, making robo-advisors a popular option for beginner investors and experienced investors alike.

An increasing number of financial services companies are discovering that customers actually take identifiable, predictable paths that can be uncovered with a comprehensive, top-down view of every customer interaction on every channel.

Financial services customers have more choices than ever before, with both traditional institutions and fintech newcomers vying for the consideration of an increasingly discriminating consumer base.

Is your business embracing the FinTech that’s shaping the future of the financial services industry?

The rise of FinTech is the inevitable result of an increasingly demanding consumer base, one that has become more reliant on technology to simplify and expedite daily tasks. Many financial service executives foresee that FinTech will directly impact consumer services first and foremost, followed by asset and wealth management institutions and financial insurance companies.

Are fintech wearables poised to become a leader in the wearables arena?

Smartwatches, fitness wristbands, and other wearable devices are the cutting edge of mobile technology, combining useful applications and efficient, user-friendly operations with contemporary style. Despite the fact that wearable technology is still in the earliest stages, the financial industry has been eager to embrace it as part of its digital strategy.

Fintech and innovation might be high on the priority list, but is traditional banking really ready to change their ways?

Since 2012, technology has been the top force driving innovation across all sectors. More specifically, a study conducted by Forrester found that the use and experimentation of innovative technologies is taking precedence, with 61 percent of technology leaders and 56 percent of business leaders placing it as the highest technology priority in 2015.