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.
Goldmoney, the parent company of gold-based payments and savings platform BitGold, is consolidating its operations by merging BitGold’s individual operations into the larger Goldmoney company.
Ethan Song thinks we should all plan our futures really carefully—including blowing cash on what makes life fun. (sponsored)
Tangerine says it will support Apple Pay by the end of July.
Payveris has added more than 100 financial institutions as customers in the past two quarters and has expanded its team by 40 percent.
In addition to transactions between customers and businesses, ChangeJar can be used for instant person-to-person transfers.
The two banks are more than doubling the credit facility of the online small business lender to $125 million, which will allow the Montreal-based firm to extend more loans.
Intel has finalized a deal with The Floor, a Tel Aviv-based FinTech hub, that will see a new lab built exclusively for the development of distributed ledger solutions, Internet of Things innovations and biometric applications.
The round includes participation from existing investors, including Imperial Innovations Group plc, Nesta, Cambridge Angels and Cambridge Capital Group.
Former Barclays boss Antony Jenkins has registered a new business called 10X Future Technologies, following his own forecasts that banking faces an “Uber moment” as innovative rivals shake up the sector.