F|T: The FinTech Times – PayPal’s big plans

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Willful acquires competitor WillowBee as it prepares for expansion to new provinces (BETAKIT)

Toronto-based Willful, which provides online will and estate planning, has acquired Ottawa-based WillowBee, a competitor that also provides online wills.


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CRA goes after client details of major Canadian cryptocurrency marketplace in battle against ‘underground economy’ (NATIONAL POST)

Canada’s tax agency is asking a judge to force Toronto-based crypto trading platform Coinsquare to hand over information and certain documents about all its clients.


China halts Ant Group’s blockbuster IPO (NEW YORK TIMES)

A dual listing in Shanghai and Hong Kong was postponed one day after Chinese regulators summoned Jack Ma and other executives of the financial technology giant.


Wealthsimple set to launch new ETF for Muslim investors in 2021 (BETAKIT)

Wealthsimple has announced plans to launch an ETF that will offer investors access to a diversified index of Shariah-compliant stocks.


AI can make bank loans more fair (HARVARD BUSINESS REVIEW)

Lenders often find that artificial-intelligence-based engines exhibit many of the same biases as humans.


PayPal plans a much wider embrace of cryptocurrency, including Venmo use (FORTUNE)

According to Schulman, starting in the first half of next year PayPal will let users draw from cryptocurrency accounts to pay for goods and services at 28 million merchants that use the company’s platform.


U.S. feds seized nearly $1 billion in bitcoin from wallet linked to Silk Road (VICE)

Speculation kicked off after someone moved the huge sum on Tuesday, and now we know who it was: the U.S. government.


Following delay, federal government to reopen virtual consultations on open banking (BETAKIT)

Canada’s Department of Finance has reopened its consultations on open banking with industry stakeholders.


Revolut set to hire a CCO to lead new division amid profitability push (SIFTED)

London-based FinTech Revolut is on the hunt to find its first-ever chief commercial officer to build an ambitious new sales stream.


ING “refocusing” digital strategy amid COVID-19 headwinds (FINTECH MAGAZINE)

ING will cut 1,000 jobs by the end of 2021 and pull out of some markets as it embarks upon a “refocusing” of its digital strategy amid continuing COVID-19 headwinds.


Willful, Cisco, and The Canadian Shield share how to lead with empathy and flexibility (BETAKIT)

Willful CEO Erin Bury, The Canadian Shield President Jeremy Hedges, and Cisco Designed’s Wayne Cuervo discuss how small businesses can survive and thrive.


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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.