Happy Tuesday, fellow fintechers!

Now that Daylight Savings Time is back, we’re one step closer to spring and we can feel it in the air!

Today we have an outstanding lineup of content for you beginning with our WealthTech Weekly column outlining the week’s latest industry news, written by our resident expert Vasyl Soloshchuk. Soloshchuk has also penned a second piece for us exploring how wealthtech integrations and AI can save advisors time, and we all know time is money. 

Joyce Blay has also written two stories for us, including coverage of recent news from Schwab on the launch of their new Virtual Practice Management program (which should get some rapid traction now that we’re all being advised to work from home with the Coronavirus threat). She also takes a look at the new “InvestCloud White, a new digital platform announced “for wealth management and turnkey asset management programs (TAMPs).”

We also delve into the chaotic two days last week when the fintech unicorn darling Robinhood  saw its system crash, prohibiting its customers from participating in the highest one day market gain in history. As a result, thousands are threatening class action suits against the fintech. Read the piece to gain our insight into why we suspect this crash occurred, and how it could have been prevented.

Also posted this week is a new 3 Questions interview with Tim Bonacci from the structured products and annuities multi-issuer platform Luma Financial.

Finally, we finish up with a piece from Karen DeMasters reminding us that “AI is Not The Advisor’s Bogeyman”, covering an interview DeMasters conducted with Jack Brod, chair of the CFP Board of Directors.

We couldn’t agree more – use technology, folks, don’t fear it! 

Read up and be in the fintech know!

Yours in Fintech,
Cindy Taylor