Introduction

This week's Hey FinTech friends podcast is brought to you by this week in FinTech. EFT Electronic Fund Transfers are a way to move money across an online network between banks and people. FTX, the world's seventh biggest crypto exchange, encountered insolvency and was forced to look at strategic sale options due to a run on the bank. JP Morgan rolled out a Robo advisor paired with a human financial advisor while Nat West launched three new payment APIs for corporate clients. The Bank of Canada urged firms to prepare for a regulatory regime that will cover companies providing services like digital wallets and electronic payment systems.