F|T: The FinTech Times – Should banks fear tech giants?

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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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STACK FinTech Times


BetaKit

Canadian Securities Administrators says ICOs must consider securities laws

The CSA says that many offerings it has reviewed constitute securities.


Stack

STACK RECOMMENDS: It’s the Canadian way to pay too much for financial products

“Not shopping around for financial products can cost you tens of thousands of dollars over a lifetime. So why are Canadians so reluctant to explore alternatives? Rob Carrick explains.”
– Miro Pavletic, CEO and co-founder of STACK


BetaKit

Subscribe to The AI Times Newsletter

The biggest AI, machine learning, big data, and automation news from around the globe sent your inbox every week.


CNBC

WEF: Tech giants Amazon & Facebook more disruptive to banks than FinTech startups

A new report by the World Economic Forum found that banks were significantly lagging behind tech giants in the development of technologies like cloud computing, artificial intelligence, and big data analytics.


BetaKit

Wealthsimple launches new portfolio to help Muslims invest according to Islamic principles

Wealthsimple designed the portfolio using a methodology approved by global data index MSCI’s committee of Shariah scholars.


Finextra

Mortgage tech outfit Blend raises $100M

Blend, a consumer lending company, raised a $100 million Series D round from Greylock Partners, with participation from Emergence Capital, 8VC, Lightspeed Venture Partners, and Nyca Partners.


Finextra

Bank of America applies AI to streamline client payment processing

Bank of America is working with FinTech startup High Radius to apply AI to corporate processing of accounts receivables. The application is designed for large or complex companies that manage a large volume of payments.


BetaKit

Paycase plans to launch Canadian Bitcoin Exchange by end of year

Paycase plans to open to the general public in just under two months.


Finextra

FIS and Equifax unveil OnlyID

OnlyID is an identity verification solution that provides a higher level of account protection and personal control through a single, secure digital log-in, consisting of the consumer’s thumbprint or another unique identifier.


VentureBeat

Financial innovation labs: bank transformers or shiny objects?

“Can a lab alone help financial institutions overcome a dominant regulatory environment and traditional business strategies to achieve a more nimble and creative identity?” asks Shari Van Cleave of Wells Fargo.


Finextra

Barclays rolls out Siri integration for voice payments

Barclays is set to become the first UK high street bank to launch payments using Apple’s virtual assistant, Siri, enabling customers to make payments using their voice.


BetaKit

Flinks partners with Merchant Advance Capital

Merchant Advance Capital partnered with Flinks to reduce loan approval time for its customers.



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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.