AI chatbot gets the green light for stock-picking advice 🤖✅; BNY Mellon to offer crypto ETF custody 😳🏦
FinTech is Eating the World, 25 September
Hey Everyone,
Good morning & happy Thursday! Today’s issue is especially hot as we’re going to look into an AI chatbot that just got the green light for stock-picking advice (what it’s all about & why it matters + bonus reads on other FinTech giant crushing it in AI), and BNY Mellon which soon should offer crypto ETF custody (why it matters & what’s next + a bonus deep dive into Coinbase that might soon get more competition). So let’s jump straight into the thrilling stuff 🌶️
AI chatbot gets the green light for stock-picking advice 🤖✅
The news 🗞️ Israeli regulators have approved the launch of an AI-powered chatbot capable of providing stock-picking advice to retail investors.
Tel Aviv-based startup Bridgewise received clearance from the Israel Securities Authority (ISA) to introduce Bridget, a chatbot that can offer buy and sell recommendations for stocks in response to user queries.
Let’s take a quick look at this and see why it matters.
