F|T: The FinTech Times – Banks you can(‘t) trust

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.

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Report: Government support needed to build FinTech ecosystem in Canada(BETAKIT)

To underscore its vision of positioning Canada as a global hub in FinTech, The Digital Finance Institute and McCarthy Tetrault LLP have released a comprehensive report on the prospects of FinTech in Canada and 16 other countries.

Inside look: BAI Beacon(BAI)

A lot is happening at BAI as we live our mission to give financial services leaders the confidence to make smart decisions every day. One of the most exciting changes is the launch of BAI Beacon, a new immersive conference that will be unlike anything in the industry. (sponsored)

PayPal Canada names former American Express Canada exec as its general manager(MOBILE SYRUP)

PayPal has announced that it has brought on Paul Parisi, a veteran within the payment space, as general manager of the company’s Canadian operations.

5,300 Wells Fargo employees fired for setting up 1.5 million fake accounts, issuing credit cards without customers consent(FINANCIAL POST)

For years, Wells Fargo employees secretly issued credit cards without a customer’s consent. Who looks to capitalize on this big loss in the trust war between banks and FinTech startups?

The new era of payment processing will change everything(BUSINESS INSIDER)

The growing importance of the smartphone as the go-to computing device for every digital activity is having a profound effect everywhere you look, but it’s only the biggest story among many exciting developments in the world of payments.

IDC Financial Insights FinTech rankings top 100(IDC)

Take a look at IDC’s list of the top 100 FinTech companies – including Canada’s DH Corporation and Celero – as well as the top 25 for Enterprise.

PayPal targets the high street through MasterCard deal(FINEXTRA)

Following a similar agreement with Visa, PayPal has struck a deal with MasterCard that will help the e-commerce specialist step up its attack on the bricks-and mortar market.

Find out what drives this female FinTech CEO(FORBES)

Denise Thomas has never shied away from a challenge. It does not take more than a minute after meeting this woman to recognize how confident, impressive, smart, hard-working and fun she is. Nobody would mistake her success for luck.

SoFi looks to raise $500 million in latest test for FinTech(WSJ)

Online lender Social Finance Inc. is pitching a new fundraising effort as it looks to buck a recent slump in the industry, according to people familiar with the matter.

Mogo announces milestone of 250,000 members following MogoApp release(BETAKIT)

Following the recent launch of its new digital banking account and mobile app, Mogo, the Vancouver-based financial technology company announced that it has reached 250,000 members.

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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