More money, more problems
Corporate spending on digital technology will increase 65% in 2022 compared to 2020, according to the latest EY-Parthenon Digital Investment Index report.
Check out key takeaways from the report, which highlights EY’s survey of 1,500 executives with CB Insights data, here.
The wallet that talks back
AI is setting a new standard for consumer fintech apps.
While a traditional wallet can hold your money, it can’t help you choose where to spend it.
AI-powered financial assistants are helping users make smart, customized decisions about their money — through reviewing subscriptions, managing budgets, proposing investing strategies, and more.
As a new generation of fintech startups leverages AI to automate different aspects of money management, more legacy players will look to offer AI-based financial assistants.
Read our analysis here.