F|T: The FinTech Times – Stifling innovation

FinTech study

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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BetaKit

Government of Canada launches FinTech study examining regulation that stifles innovation

The central aim of the study, which will be published Spring 2017, is to advise regulators and authorities on how to ensure regulation doesn’t impede innovation or competition.



Wealthsimple

The Drummer from Keys N Krates Tells Us Why He Doesn’t Care About Material Things but Still Wants a Gold Rolex

Adam Tune from the Toronto band talks about how his most valuable financial lessons came from realizing he could live happily being broke. (sponsored)



BetaKit

ReUp wants to white label the next generation of merchant solutions

ReUp’s white-label mobile payment platform allows independent businesses to build their own native mobile payment apps.



Finextra

Fitbit buys Coin assets for wearable payments play

The deal, which includes key personnel and intellectual property specific to Coin’s wearables payment platform, is intended to fast-forward Fitbit’s ability to put NFC payments in its devices.



TechCrunch

Google brings Android Pay to ATMs, Chrome and more apps

Pali Bhat, Google’s senior director of product management for Android Pay, says that one and a half million users in the U.S. now set up Android Pay on their phones every month.



Bloomberg News

RBC Has ‘Secret Weapon’ in FinTech Fight

Presented without comment.



VentureBeat

Blockchain startups make up 20% of largest crowdfunding projects

A look at each of the individual blockchain ventures that have ranked in the top 25 of crowdfunding campaigns.



TechCrunch

Blockchain open sources Thunder network, paving the way for instant bitcoin transactions

The Thunder network is an alternative network of nodes that lets you make off-chain bitcoin payments in seconds and settle back to the bitcoin blockchain every now and then.



Yahoo Finance

UGO Wallet extends mobile payments to more devices with Visa tokenization

UGO Wallet, for Android devices running on operating system version 4.4 or higher, will now use encrypted tokens during mobile Visa payment transactions.




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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.