ICTC Digital Pulse — July 15

ICTC announced its research initiative, Towards an Inclusive and Vibrant Smart Economy. Funded by the Government of Canada’s Sectoral Initiatives Program, over the coming years, ICTC will be examining how urbanization and smart cities are unlocking the potential for economic and job growth across Canada.

A proposal to prevent big technology companies from functioning as financialinstitutions or issuing digital currencies has been circulated for discussion by theDemocratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters. In a sign of widening scrutiny after Facebook Inc’s proposed Libra digital coinaroused widespread objection, the bill proposes a fine of $1 million per day forviolation of such rules.

The tech giant announced Wednesday (July 10) that its Amazon Web Services, Inc. (AWS) subsidiary would launch its Cloud Innovation Centre (CIC) model at the university in early 2020. The model, which provides students advanced AWS tools in cloud technology, has been applied in seven other locations ranging from Europe to South Korea.

For this list, over 400 women were recommended to the Digital Finance Institute by various stakeholders in the industry during the institute’s outreach phase. The institute told BetaKit that the women who were ultimately selected and included in this list were selected based on their leadership, vision, and innovation, engagement and impact, in addition to their commitment to growing and supporting the FinTech community.