Category: financial advice

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A third of US investors are open to trusting AI financial advice: Survey

In a recent survey from the Certified Financial Planner Board, 31% of investors said they would be fine to follow AI financial advice without verifying the information. Around one in three United States investors would be open to following AI-generated financial advice without verifying it with another source, according to a recent survey. On Aug.…
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7 potential use cases of chatbots in banking

chatbots can offer a convenient and accessible way for individuals to manage their personal finances, fraud prevention and more. Chatbots are computer programs that use artificial intelligence (AI) to simulate conversations with users, providing quick and efficient assistance. In the banking industry, chatbots have the potential to revolutionize the way customers interact with their financial institutions.…
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Gary Gensler finds new audience for his crypto skepticism: the US Army

The U.S. Securities and Exchange Commission chair called crypto “the Wild West” and urged troops not to “get caught up in the FOMO.” United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army. On Jan. 11, the U.S. Army hosted…
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