Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.
Two Canadian startups team up to build Lucy, the FinTech chatbot(BETAKIT)
Thinking Capital’s Lucy was developed in conjunction with Vancouver’s finn.ai, which builds a white-label virtual banking assistant augmented by AI.
#FINTalks event examines how Canadian banks can turn FinTech disruption into opportunity(BETAKIT)
Banks have gone from regarding FinTech disruption in Canada with “polite denial” and evolved to “a shared paranoia among execs.”
Silicon Valley-backed FinTech firms may lose under a lighter regulatory regime(WSJ)
Many online lenders aren’t participating in the post-election rally in bank stocks.
Fed faces overhaul as Washington braces for Trump-led shakeup(BLOOMBERG)
In 18 months, “Trump will have the ability to substantially reshape the nation’s central bank.”
NEXT Canada co-president Peter Carrescia departs to join Wave as SVP of strategy and corporate development(BETAKIT)
Carrescia wrote the first institutional cheque to Wave in late 2010 while he was a managing director at OMERS Ventures, and sat on the company’s board until 2012.
iPhone and iPad users can now talk to Siri to send PayPal money transfers(MOBILESYRUP)
The functionality, available in both English and French, is limited to iPhones and iPads running iOS 10.
Capital markets expect blockchain to go mainstream within six years(FINEXTRA)
Of 200 financial market participants quizzed by DB and FT Remark, three quarters see blockchain technology being widely used within the next three to six years.
Coopérathon challenges Montreal startup community to make the world a better place through innovation(BETAKIT)
The challenge took place over four weeks, with numerous information sessions and workshops held to bring together potential team members and inspire their creativity.
10 reasons FinTech startups fail(BANKINGEXCHANGE)
William Mills Agency, which represents hundreds of FinTech companies, has seen a pattern of fatal errors.
Citi unveils global API developer hub(FINEXTRA)
Citi has become the latest financial services giant to open up its technology and architecture to third parties through the launch of a global API developer hub.
