F|T: The FinTech Times – Money 20/20

Money 20/20

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.


BetaKit

Flexiti Financial raises $5 million Series A to fuel mission of leading the POS financing space

Flexiti’s platform allows retailers to offer low or no-interest financing, convert big ticket purchases to monthly or deferred payment plans, and establish a dedicated line of credit by creating a virtual private label card.


BetaKit

What banks can learn from FinTech startups

Salesforce Canada’s GM of Commercial Sales says that while FinTechs might not pose a serious threat to Canada’s banks today, there are lessons that traditional financial institutions can — and must — learn from them to remain relevant tomorrow.


VentureBeat

Money 20/20 recap: Jack Dorsey, blockchain, and the future of financial services

The one thing everyone seems to agree on: they don’t want to make the same mistake with blockchain that they did a decade ago with PayPal, which was to ignore it completely, wait for it to go away, and then get surprised when it grows up and becomes a threat.


Finextra

Overbond gets access to Thomson Reuters fixed income data

Through Thomson Reuters Labs, the companies will also be exploring opportunities to drive further innovation in the fixed income capital markets through collaborative research and development.


NFC World

Mastercard adds blockchain APIs to developer site

The Blockchain Core API will allow developers to run their own blockchain nodes, define transaction types and manage participation in a blockchain network.


VentureBeat

Serving up a better burger: How IoT and blockchain will reinvent the global supply chain

Today IBM is working with businesses across industries to implement IoT Blockchain solutions that bring an entire new level of trust, traceability, and accountability to global supply chain systems.


Finextra

Android malware targets bank and social media apps

Cybersecurity experts are warning about new Android malware that can steal the login credentials from 94 different mobile banking apps around the world.


CoinDesk

Canadian regulator seeks blockchain experts for FinTech panel

The panel will coordinate with and provide advice to the OSC’s LaunchPad, a FinTech-focused initiative that serves as a communication point between startups and regulators.


Wall Street Journal

Top national bank regulator says he won’t be lenient with FinTech firms

IThe top regulator for national banks took a hard line on financial technology regulation, saying that the agency would apply the full sweep of financial laws to FinTech firms that want to test new services.


Finextra

Paym hits £300M mark

Launched in April 2014, with the backing of Britain’s major high street players, Paym lets users make person-to-person and person-to-business payments from within their bank’s app by simply using a mobile phone number as a proxy.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.