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Verified.Me is available to customers of TD, CIBC, Desjardins, RBC and Scotiabank, with BMO and National Bank joining later this year. Account holders can use the app to verify their online identities at other service providers like Sun Life and Equifax. (Financial Post)

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Talking point: SecureKey has received investment from all of the banks participating in the Verified.Me launch, as well as telecoms like Rogers and Telus, so Verified.Me has a good chance of becoming an interconnected digital identity solution for a lot of things consumers regularly need to do. Greg Wolfond, CEO of SecureKey, expects Verified.Me to let customers access health records and open bank accounts by the end of this year. Neil Parmenter, CEO of the Canadian Bankers Association, has said in the past that the country must move away from paper-based processes and explore digital authentication as the government considers open banking, which would allow consumers to share financial data with third parties.

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White, a technologist and privacy activist, pleaded guilty to a number of charges at a Liverpool, U.K. court, including drug trafficking, money laundering and creating indecent images of children. White launched the second Silk Road—which processed hundreds of thousands of dollars’ worth of daily transactions at its peak—after the first was shut down by the FBI for being a platform for child porn and illegal drugs. He was first arrested in 2014, but has been out on bail since. (Motherboard)

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Talking point: Over the past five years, White has built up a notable reputation in internet security circles under his real name. He’s been quoted as an expert in Motherboard and in Forbes, and also ran a website that maintained large datasets from hacked website that anyone could download, including the MySpace and Ashley Madison breaches. White is one of the last core members of Silk Road who had remained free. Ross Ulbricht, the founder of the first Silk Road, received a life sentence while. Roger Clark, Ulbricht’s right-hand man, was extradited to the U.S. in June 2018 after spending over two years in Thai custody. In November 2018, James Ellingson, a prominent Silk Road figure who allegedly set up a killing on behalf of Ulbricht, was arrested in Vancouver for allegedly selling illegal drugs on the Silk Road.

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Harry Briggs, a veteran venture capitalist from BGF Ventures and Balderton Capital, will lead the new office. He will be joined by Tara Reeves, a former LocalGlobe partner, and Henry Gladwyn, who has managed seed investments for founders of Google’s DeepMind Al lab. (Globe and Mail)

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Talking point: This is OMERS’ third international office, announced just two months after it revealed its Silicon Valley location, its first outside Canada. Damien Steel, OMERS Ventures managing partner, said the move reflects OMERS’ global expansion strategy for its other asset classes, such as private equity and real estate. For this fund, OMERS—which has $97 billion in assets under management—is fully backing the Europe fund, unlike its OMERS Ventures funds which have included outside investors like Sun Life Financial. The Europe team is tasked with bringing in good returns before OMERS Ventures looks to outside partners to raise funds.