24 January 2018
visit http://response.ncr.com

AJ Bell Youinvest takes stock of Amazon Echo

15 September 2016  |  4025 views  |  0 amazon alexa

Online investment platform AJ Bell Youinvest is tapping Amazon Echo to provide spoken portfolio valuations and market quotes to customers via the voice-activated device.

Amazon Echo - a wireless speaker that connects to Alexa, Amazon's voice recognition service - was launched in the UK on Wednesday.

AJ Bell Youinvest has developed functionality for its investment platform that enables investors to authenticate with the Echo device via a companion smart phone app and then ask for a portfolio valuation or stock/fund price with Alexa responding with the requested information.

Tim Huckle, director of digital strategy at AJ Bell, comments: "We want to make investing as easy as possible for retail investors. Digital engagement is expanding to the 'Internet of Things' and Amazon Echo is an example of a number of voice activated personal assistants that we are looking to support as part of our ongoing mission to make our customers' interaction with us and their investment portfolios easy and part of their everyday life."

AJ Bell is not the only financial services firm integrating with Echo. Mizuho Financial Services Group and Capital One have already developed applications for the service.

In the UK, Lloyds Bank, has been exploring the capabilities of Alexa and Amazon Echo in relation to its online banking service. The Echo speaker system was selected for the exploration because it is "always connected, ready, and fast", says Lloyds' director of innovation and digital development Marc Lien.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

N26 enlists Siri for money transfers

N26 enlists Siri for money transfers

14 September 2016  |  11026 views  |  0 comments | 28 tweets | 20 linkedin
Hey Siri, send John $10

Hey Siri, send John $10

02 September 2016  |  15766 views  |  9 comments | 48 tweets | 47 linkedin
Capital One integrates with Amazon Alexa for voice-powered payments

Capital One integrates with Amazon Alexa for voice-powered payments

14 March 2016  |  13097 views  |  0 comments | 17 tweets | 19 linkedin
Kensho raises $10m to build a Siri-like assistant for capital markets trading

Kensho raises $10m to build a Siri-like assistant for capital markets trading

23 January 2014  |  5478 views  |  0 comments | 4 tweets | 4 linkedin

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.ebaday.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9810 views comments | 38 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9501 views comments | 14 tweets | 14 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8539 views comments | 17 tweets | 11 linkedin
Could distributed ledgers restore the reputation of the MBS market?Could distributed ledgers restore the repu...
7046 views comments | 6 tweets | 9 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
7040 views comments | 13 tweets | 25 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job