Monday morning briefing – January 15, 2018

Posted by ext - January 15, 2018 - Categories: Marketing

Fintech developments, regulatory change, advisor and investor insights – these are the most important stories in the financial industry – and they’re unfolding now. Check it out and stay ahead of economic, market and technology trends.

Economic/industry news

International Economic Data Snapshot – includes aggregated data of the worldwide economy: Snapshot: International economic data

Mortgage rates rise as expectations of a BoC rate hike grow: Bank of Canada risks delivering a shock if it holds on rates

U.S. inflation up 2.1% in December: U.S. consumer inflation inched up in December

TD Bank purchases Layer 6, an artificial intelligence company: TD Bank buys AI company Layer 6 Inc

CIBC signs deal to purchase Wellington Financial: CIBC acquires Wellington Financial, launches CIBC  Innovation Banking for tech clients

Global REITs poised for growth in 2018: Global REITs to deliver up to 10% in 2018: Report

On the pulse – New frontiers in fintech

Have some spare change? Mylo can help you invest it: Fintech App lets Canadians invest spare change

Here comes the borderless account for consumers: TransferWise begins private launch of its consumer borderless account and bright green debit card

A key development for fund distribution has been reached as BNP Paribas Asset Management uses blockchain technology for a full fund transaction:  BNP Paribas Asset Management completes end-to-end fund transaction test using blockchain

Year in review: The top 5 blockchain developments over the past year: 2017 – The year blockchain arrived

To enhance its Center for Machine Learning, Capital One acquires Notch: Capital One acquires machine learning consultancy Notch

Artificial intelligence and the future of traditional banking: Could artificial intelligence mean the end of traditional banking?

The growth of artificial intelligence and blockchain technology will be significant themes heading into 2018: AI, big data, digitization, blockchain: The fintech that will dominate 2018

What Canadian financials are saying – Polls & surveys

35% of Canadians are looking for more financial advice, while 63% predicted a better lifestyle for themselves a decade from now (Mackenzie): Canadians more confident about their financial futures: Mackenzie survey

Scotiabank’s global economic outlook for 2018 (Scotiabank): 2018 – Peak growth: Scotiabank economics global outlook Report: Peak growth

News and notes (U.S.)

Consumers looking for value-added services such as advice, rewards and personal finance management from financial services companies: Consumers looking beyond banks for advice: CGI report

SEC raising concerns about bitcoin ETFs: Bitcoin ETFs hit regulatory road block

ProShares, Rafferty and VanEck withdrew their bitcoin ETF proposals on SEC concerns: Several bitcoin-related ETF proposals withdrawn at SEC’s request

67% of Americans expect their personal finances to improve over 2018 (LendingTree): LendingTree survey reveals optimistic outlook for personal finances in 2018

High-net-worth topics

Where are the high-net worth investing in 2018: Tiger 21 founder breaks down where the ultra wealthy are investing

The high-net-worth are neutral on the markets for 2018: Wealthy investors’ outlook, from ‘meh’ to ‘starting to get nervous’

For financial marketing and investment commentary help, contact us at 416.925.1700, 1.844.243.1830 or info@ext-marketing.com.

Read more:

The rise of robo-advice. And what comes next.

Our 2018 reading list


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