F|T: The FinTech Times – Cambridge Analytica’s cryptocurrency plans

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Samsung Pay now supports RBC cards (BETAKIT)

Samsung Pay is also compatible with CIBC, ATB Financial, and Scotiabank debit and credit cards.

Inside Cambridge Analytica’s virtual currency plans (NYTIMES)

The goal of Cambridge Analytica’s own coin offering? Raise money that would pay for the creation of a system to help people store and sell their online personal data to advertisers.

Stripe debuts Radar anti-fraud AI tools for big businesses, says it has halted $4B in fraud to date(TECHCRUNCH)

The Radar service that runs alongside Stripe’s core payments API helps identify and block fraudulent transactions.

Qapital secures $30M in financing (FINSMES)

Qapital, a Stockholm, Sweden-based provider of a mobile banking app designed around people’s goals, raised the funding from Swedbank Robur, with participation from Northzone.

Instant Financial raises $14.3 million CAD Series A to help shift workers get paid faster (BETAKIT)

The round was led by Atlanta, Georgia-based FinTech VC firm TTV Capital.

Square acquires corporate catering startup Zesty (TECHCRUNCH)

Square, a credit card processing company, acquired Zesty to further enhance its food ordering offerings to larger ticket size corporate customers.

Blockchain will speed up overseas shipping (THE STAR)

The World Economic Forum states that improving communications and border administration using blockchain, which verifies transactions autonomously, could generate an additional $1 trillion (US) in global trade.

Mogo receives approval to list on the NASDAQ(BETAKIT)

The company first began trading on the Toronto Stock Exchange after raising $50 million in an IPO in 2015.

New York launches a fact-finding inquiry into Coinbase, Binance and other exchanges (TECHCRUNCH)

As cryptocurrencies continued shaking off their April hangover, the state of New York is trying to figure out what to do with this whole coin thing.

Goldman Sachs bank USA acquires Clarity Money (FINSMES)

Clarity Money provides a free-to-use app that allows consumers to manage their personal finances by leveraging machine learning and design to get actionable insights.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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