AT

This week, I talk about R3’s future with blockchain, Canada’s fintech sandbox, KPMG’s report on fintech investments and more!

Fintech news for the week of February 6, 2017. Resistance to Apple Pay down under While Apple Pay has been welcomed in most countries, Australia seems to be the exception. The Cupertino California based company has accused a group of leading local banks of creating roadblocks to the adoption of the payment system down under. The conflict stems from the banks’ insistence to having access to the iPhone’s NFC antenna. Apple views this as a ploy to avoid paying fees for the servi

Ant Financial jumps into the US Alibaba founder Jack Ma’s financial arm has purchased Texas headquartered remittance business MoneyGram. Ant Financial will pay $880 million in a deal that may prove very lucrative for both parties. The move allows Ant to expand internationally by leveraging MoneyGram’s footprint in over 200 countries. MoneyGram also benefits by gaining access to Ant Financial’s massive user base at a time when it’s revenue growth has stalled. Uptick in blockch