Table of Contents

Consumer Payments

Visa introduces AI tool to prevent new account fraud

Insurance

P2P bicycle insurer Laka launches Recovery policy

Overjet uses image recognition for dental X-rays

Choozi aims to digitalize and simplify life insurance purchases

Retail Banking

CoGo users can measure the carbon impact of their spending

CBA introduces COVID-19 tool to help customers adjust their financial lives

Nordic digital bank looks beyond COVID-19 towards teen banking

Wealth Management

Wealthify launches new SIPP product

DBS launches retirement planning tool with facial recognition and AI capabilities

Empower Retirement acquires Personal Capital

Four digital platforms collaborate to launch online financial education game

Appendix

FinTrack - June 2020

Summary

Every month, FinTrack showcases the latest innovations from financial services providers around the world. Each innovation is assessed and rated on key criteria, providing you with valuable insight.

The provision of financial services is constantly evolving, with new technology having a particularly significant impact. Innovations such as digital delivery, AI, biometrics, and robo-advice are enabling providers around the world to offer new and improved services to customers that will improve the way they manage their finances.

The growing availability of these technologies is also making it easier than ever for new entrants to develop their own propositions and challenge the established providers.

Scope

- Visa introduces AI tool to prevent new account fraud
- Choozi aims to digitalize and simplify life insurance purchases
- CBA introduces COVID-19 tool to help customers adjust their financial lives
- DBS launches retirement planning tool with facial recognition and AI capabilities

Reasons to Buy

FinTrack will help you to -
- Keep up to date with the latest innovations from your competitors.
- Develop cutting-edge product and channel strategies.
- Identify the latest trends in the delivery of financial services.