F|T: The FinTech Times – Battle of the banks

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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.


Trulioo names Leigh Ramsden new CFO (BETAKIT)

Global identity verification startup Trulioo has tapped Leigh Ramsden as its new chief financial officer.


RECOMMENDED BY #CIBCINNOVATIONECONOMY:

Diving into a New Career with Aquatic Informatics CEO Ed Quilty

Cleantech superhero Ed Quilty fell into the business of saving lives through water monitoring. After losing the University internship he wanted, he turned a closed door into an unlimited window of opportunity.

On the #CIBCInnovationEconomy podcast series, we learn how, and why that’s the same advice he gives his employees today.


India’s antitrust body orders investigation into Google payments app, in-app billing (REUTERS)

In its 39-page order, the CCI said Google’s agreements with some smartphone makers to have the Google Pay app pre-installed might “disturb the level playing field” and should be investigated.


Nuvei announces third quarter results, first since going public (BETAKIT)

Montréal payment solutions company Nuvei saw a quarter of growth as it went public, increasing revenue by 32 percent YoY for the third quarter of 2020.


How private is my pay app? (THE MARKUP)

The pandemic has more people using apps like Venmo and PayPal. But not all pay apps treat data privacy equally.


Thinking Capital acquires FinTech startup Ario to better support SMB recovery during the pandemic (BETAKIT)

Thinking Capital said the acquisition of Ario will help it better support Canadian small businesses and their recovery from the COVID-19 pandemic.


The battle between challenger and incumbent banks continues (FINTECH MAGAZINE)

A new report published by banking software company Temenos concludes that no clear victor in the ongoing ‘battle of the banks’ has emerged.


Payments Canada taps Mastercard’s Vocalink as provider for new real-time payments system (BETAKIT)

Payments Canada has selected Mastercard-owned Vocalink to be one of the providers for the country’s new real-time payments system, the Real-Time Rail.


China’s President Xi Jinping personally scuttled Jack Ma’s Ant IPO (WALL STREET JOURNAL)

The rebuke was the culmination of years of tense relations between China’s most celebrated entrepreneur and a government uneasy about his influence and the rapid growth of the digital-payments behemoth he controlled.


Four startups share how they’ve adapted to remote work during COVID-19 (BETAKIT)

Leaders from Willful, Doxim, Soapbox, and Drop provide their perspective on the new ways of working for Canadian tech – remote, in-office, and hybrid.


Improving America’s financial health: Truebill banks on $17M (CRUNCHBASE)

The Maryland-based platform, founded in 2015, enables users to manage their personal finances and improve their financial health.


How Bridgit’s co-founders tapped into a market ignored by tech (BETAKIT)

Bridgit COO Lauren Lake shares more about Bridgit’s founding story and how the company discovered its niche on the #CIBCInnovationEconomy podcast.


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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.