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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BetaKit

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

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



Wealthsimple

How to Blow Your Holiday Bonus

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)



Inside Bitcoins

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

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



TechCrunch

Can FinTech Fix Financial Services?

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



Finextra

Wipro to acquire Viteos Group for $130M USD

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



Enterprise Innovation

China’s payment market: why Apple wants in

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.



Bloomberg

Goldman, JPMorgan Seen as FinTech Winners While AmEx Suffers

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.



Finextra

PayPal claims 10 million opt-ins for One Touch payments

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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Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.