F|T: The FinTech Times – Holiday Bonus

BC Premier Christy Clark

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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What does this $100 million government fund mean to BC FinTech?(BETAKIT)

Grow CEO Kevin Sandhu says “help is coming” for cash-strapped BC FinTech companies.


How to Blow Your Holiday Bonus(WEALTHSIMPLE)

If you’re not going to invest it, wouldn’t it be better (for your tax burden and your soul) to give it away? (sponsored)


Patrick Byrne Sees Bank Blockchain Consortium R3 as an attempt at regulatory protectionism(INSIDEBITCOINS)

“What’s happening is Wall Street is trying to slow us down while they come up with their own version.”


Can FinTech Fix Financial Services?(TECHCRUNCH)

Treating finance’s inefficiencies and bad outcomes as primarily a technical problem would be a mistake.


Wipro to acquire Viteos Group for $130M USD(FINEXTRA)

The acquisition is subject to customary closing conditions and regulatory approvals but is expected to be done by Q1, 2016.


China’s payment market: why Apple wants in(ENTERPRISEINNOVATION)

iResearch estimates that in 2014, the total transaction value of China’s mobile payment market exceeded RMB599.247 billion, an increase of 391.3% from the previous year.


Goldman, JPMorgan Seen as FinTech Winners While AmEx Suffers(BLOOMBERG)

In a recent Autonomous Research survey, 85% of the 150 executives and investors predicted selected disruption or a mix of winners and losers, while 14% thought banks face a significant threat.


PayPal claims 10 million opt-ins for One Touch payments(FINEXTRA)

The company says that One Touch has led to a 50% or greater improvement in conversion of PayPal on mobile and that it is now processing millions of One Touch transactions each month.


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