Many (if not all) major lenders and OEMs are already exploring blockchain applications in the auto and auto finance industries. But one manufacturer seems to be leading the pack. Toyota Research Institute (TRI), a Toyota subsidiary that works on the development of autonomous vehicles, announced a partnership with four blockchain startups during the Consensus 2017 conference yesterday, following the launch of a blockchain consortium. “It’s surprising to see a car company here, among the...

Rideshare, autonomous vehicles, tech companies getting into manufacturing — these trends, among others, have prompted traditional carmakers to review their own business processes. So, what’s the key to “winning” in this new world? Data, according to Chitra Ragavan, chief communications officer at blockchain startup GEM. “With Uber and Lyft and other companies in the space, carmakers are feeling like they have lost control of the car selling process,” she said during the Blockchain + Digital...

Automated digital advisors — also known as robos — have enjoyed the fintech spotlight from both startups, and more traditional players. Each one of those players has its own approach to the space; some — like Charles Schwab — prefer to launch hybrid models, maintaining the human touch in wealth management. Others, like Wealthfront, believe that all-automated offerings resonate better […] Source: bankinnovation.net >>