F|T: The FinTech Times – Toeing the line

fintech times

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.

Nudge.ai co-founder Paul Teshima joins Wealthsimple as chief client experience officer (BETAKIT)

Wealthsimple has tapped Paul Teshima, the co-founder of Nudge.ai, to its team as chief client experience officer.

Ant challenged Beijing and prospered. Now it toes the line. (NEW YORK TIMES)

The tech giant, which is preparing for a mega IPO, has transformed personal finance in China. Regulators have taken notice.

Ripple CEO rejects Coinbase’s ‘apolitical culture,’ says Silicon Valley has an ‘obligation’ to society (CNBC)

Coinbase CEO Brian Armstrong caused a stir recently when he announced a policy of non-engagement on social and political issues.

Takara Small shares what she learned exploring small-town tech (BETAKIT)

BetaKit spoke with Takara Small about her Tech Town podcast, innovation in Innisfil, and the ripple effects of COVID-19.

Visa’s planned purchase of Plaid faces antitrust scrutiny at the Justice Department (WALL STREET JOURNAL)

The DOJ, making preparations for potential litigation, could soon decide whether it will sue to block Visa’s purchase of the FinTech firm.

UK’s PrimaryBid raises $50M as its retail investing platform sees a COVID-19 surge of activity (TECHCRUNCH)

One of the more promising hopefuls building an investing service in the U.K. is announcing a significant growth round after seeing a surge of attention this year in the wake of the COVID-19 pandemic.

TD launches new financial planning app (THE GLOBE AND MAIL)

GoalAssist lets investors trade the bank’s ETFs with zero commissions and have access to stocks listed on major North American exchanges.

Dark web hackers say they hold keys to 10,000 Robinhood accounts (BNN BLOOMBERG)

Robinhood customers have complained for months that their accounts have been hacked and that they’ve struggled to get the company to respond.

Tech platforms continue to let U.S.-based hate groups use them to make payments (NBC NEWS)

73 U.S.-based hate groups have had access to at least 54 online funding mechanisms, research shows.

Lendesk acquires mortgage origination platform Finmo (BETAKIT)

Vancouver-based Lendesk has acquired Calgary-based Finmo Financial Technologies, which offers a mortgage origination platform.

The dark side of FinTech borrowing (HARVARD BUSINESS SCHOOL)

FinTechs have revolutionized the banking industry, but some customers end up worse for the experience, according to research by Marco Di Maggio and colleagues.

BetaKit Live: Willful and The Canadian Shield explain how to survive and thrive in 2020 (BETAKIT)

Erin Bury, CEO of Willful, and Jeremy Hedges, President of The Canadian Shield join for a BetaKit Live conversation Wednesday, November 4.

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.

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