“These digital and service model investments support our efforts to bring the best from both organizations to provide unparalleled value to participants, clients, advisers and consultants,” says Renee Shaaf at Principal.
The Secretary of the Commonwealth says the FinTech Working Group is the first dedicated team established by a state securities regulator specifically to provide support to, and receive advice from, fintech businesses.
While it took on average 121 years for countries to adopt steam and motor ships after they were first invented, it took only 16 years for personal computers to become a norm, and just seven years for the Internet.
FINRA asks advisers to share their insights about “fintech innovation in the broker/dealer industry,” while also unveiling a new structure for its enforcement staff.
They are also harnessing the competitive edge of AI.
Advisers are using new planning models and smarter technology, including automation, so that they can offer personalized service, SEI finds.
Clients can issue payments via a credit card or bank account.
Besides revamping the public website, the participant and plan administration portals have also been enhanced.