F|T: The FinTech Times – Mobile payments are broken


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Lending Loop halts new loan requests amidst talks with “securities regulatory authorities”(BETAKIT)

Lending Loop called the move an “act of good faith” and a voluntary decision, with the peer-to-peer lender currently engaged in discussions with unnamed securities regulatory authorities.

The Cofounder of Wattpad on Being a Conservative Yet Reckless Business Owner(WEALTH SIMPLE)

A year after Allen Lau started his company, he and his cofounder didn’t have enough to both buy Starbucks. They never looked back. (sponsored)

TD Canada Trust’s new mobile payments solution beats Apple and Samsung to the punch in Canada(BETAKIT)

Beating the likes of Apple and Samsung to the punch, TD Canada Trust has launched its own mobile payments solution that supports Visa credit cards in Canada.

Google pilots Hands Free payments app(FINEXTRA)

Google has begun testing its Hands Free payments app, letting a small group of people in San Francisco leave their wallets and phones in their pockets and pay just by talking.

RentMoola raises $5 million(BETAKIT)

RentMoola, a rent payment platform, has raised $5 million in an oversubscribed round following strong support from strategic, accredited, and retail investors.

The broken world of mobile payments and how to fix it(TECHCRUNCH)

Why aren’t more people enjoying the convenience and ease of mobile payments?

Merchants group applauds Canadian Bill to rein in interchange fees(FINEXTRA)

Freddy Kelly says London is young and hungry.

Here’s why FinTech companies are opting to stay private: funding just hit a record(CHICAGO TRIBUNE)

A new report from KPMG International and CB Insights shows that private funding flowed relatively freely into the FinTech industry in 2015, feeding into an overall trend that has seen startups opt to stay private for longer.

How risky will the Brexit be for UK FinTech?(BOBSGUIDE)

It is yet to be told if London will remain as one of the world’s financial centres if the UK leaves the EU, but this also questions the effect it will have on UK FinTech.

Feature image courtesy TechCrunch.

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.

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