On Finovate.com:

• Welcome to FinovateEurope 2016, Day Two.

• FinovateEurope 2016 Best of Show Winners Announced.

Around the web:

• Betterment and Wealthfront featured in Bloomberg column on the disruptive power of roboadvisors.

• Reduced costs for Nutmeg yield lower fees for investors using the platform.

• Markit acquires systems-integration technology from JP Morgan.

• VISA launches Consumer Transaction Controls for card-issuing FIs.

• PYMNTS.com takes a look at Expensify and its expansion into Europe.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.