Banks continue to launch new initiatives during the pandemic. KeyBank is partnering with Itron to move into “smart city” financing to upgrade utilities infrastructures. Toronto-based RBC, meanwhile, has answered 1 million customer questions through “Ask NOMI,” an interactive function the bank added to its digital assistant in March.

In other news, Sequoia led a $14.5 million Series A round for Vise, an AI-powered platform that helps advisers create personalized portfolios in 30 seconds. Unlike many robo-advisers, Vise is marketing to advisers instead of consumers, and the company believes its solution can help wealthy individuals with complex finances.

Find this and more in today’s edition of The Weekly Wrap for the week of May 11, 2020, featuring JJ Hornblass and Rick Morgan.