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.
The platform is open to all US corporate issuers and institutional investors.
FinTech startup Glint de-cloaks to offer a multi-currency account and card that supports spending gold(TECHCRUNCH)
Glint’s multi-currency account, app, and card let you store your money in gold and convert it back to fiat currency at the point of payment.
PayPal users will now be able to fund, manage, and monitor their Acorns investments directly through the PayPal app.
Canadian Payments Innovation Forum says collaboration continues to drive FinTech innovation(BETAKIT)
“A lot of payment strategies are coming out of these partnerships.”
Interac e-Transfer Bulk Disbursement allows MoneyGram to deliver money to its Canadian recipients in real time, with instant pickup and real-time funds availability, while also providing the protection of Interac’s fraud detection and security features.
The company says that customers have saved $160 million in foreign exchange fees compared to a traditional bank account.
Nuco is working on a project as part of the provincial government’s Small Business Innovation Challenge.
The finance regulators from both countries have inked a cooperation agreement that will allow entry for FinTech startups in the other’s jurisdiction.
Travellers will be able to use the WeChat Pay Hong Kong and Weixin Pay wallets to buy tickets for journeys at two stations from next month.
Revolut CEO Nikolay Storonsky said despite the protests of JPMorgan head Jamie Dimon, bitcoin is “definitely not a fraud.” Like many cryptocurrency advocates, he drew parallels between the markets for bitcoin and gold.