Wednesday, June 5th, 2019

Mercedes-Benz Expands its Luxury Vehicle Subscription Service
News Release

The automaker announced that the program will be expanding to Atlanta, Georgia, after launching just over a year ago in Nashville and Philadelphia.

The subscription service lets users switch between over 50 different vehicle models depending on their needs.

The program offers monthly plans ranging from $1,095 to $2,995 per month. According to the company, luxury subscription program has been a success among younger drivers.

Bank of America Launches a High-Tech, Human-Assisted Robo Advisor Offering
Press Release

The banking services company announced that it’s combining its robo advisor platform with the ability for clients to connect with human advisors through its digital wealth management offering.

The new product looks to boost its self-directed digital experience with help from advisors to assist clients in pinpointing life priorities, design paths to pursue financial goals, and keep track of progress towards those goals.

According to a company press release, the Merrill Guided Investing platform was launched in 2017 providing “access to investment strategies developed and managed by experts, rather than algorithms.”

L’Oreal Launches a Technology Incubator
Press Release

The personal care company announced that the incubator will be available internally for its employees in the Europe, Middle East, and Africa regions, and will focus on the industry and supply chain.

The new space will be equipped with technologies including 3D printers, virtual and augmented reality.

According to a company press release, L’Oreal plans to work in close cooperation with startups, experts, and universities “to create high-tech workspaces and unique conditions for its teams that will contribute to its transformation into a beauty tech company.”