So TD (Toronto Dominion), a major Canadian bank is looking for a Bitcoin Dev...

[karolina]

https://sjobs.brassring.com/TGWebHost/jobdetails.aspx?jobId=1210409&JobReqLang=1&partnerid=25404&siteid=5602&Codes=TD103

"Innovation & Strategy
• Leverage deep expertise of current TD Payment systems to identify opportunities to align new projects to the Payments architecture, Channel architecture, and Information Excellence/Big Data strategies
• Develop expertise, experience and relationships with emerging payments systems (e.g. Bitcoin, PayPal, Square, etc)
• Provide solution architecture and oversight for in-flight Payments projects
 • Experience in mobile payments, including NFC and virtual wallets"


Shits getting serious up in Canada.

[Fordee]

Yup..  Posted on Reddit about 2 hrs ago 

[karolina]

Yup..  Posted on Reddit about 2 hrs ago 

Sorry, I forgot to search the entire internet before making a duplicate post. 

[Fordee]

    
 

[MrBig]

Title is misleading. They're looking for an IT specialist. You make it sound as if they're hiring someone to integrate BTC into their banking system.

[phillipsjk]

TD Bank did not even make the short-list when I was looking for a Bitcoin tolerant bank a year ago.

Not sure what to make of it.

[old fart]

What do you mean by a Bitcoin tolerant bank? Are there problems making fiat withdrawals to some banks?

[podyx]

https://www.youtube.com/watch?v=uvqJ1mTkEuY

[bassclef]

The fact that banks accept Bitcoin as an "emerging payment system" is very positive.

[phillipsjk]

What do you mean by a Bitcoin tolerant bank? Are there problems making fiat withdrawals to some banks?

Yes.

Bitcoin shines a light on how silly Know-your-customer laws are. Banks face large fines for failing to report certain transactions. Banks sometimes find it easier to just say "no" to businesses (and individuals) using Bitcoin.

[scarsbergholden]

What do you mean by a Bitcoin tolerant bank? Are there problems making fiat withdrawals to some banks?

Yes.

Bitcoin shines a light on how silly Know-your-customer laws are. Banks face large fines for failing to report certain transactions. Banks sometimes find it easier to just say "no" to businesses (and individuals) using Bitcoin.

I think the reason why people who use bitcoin have trouble with banks is the fact that many people who use bitcoin cannot properly navigate the AML/KYC regulations and end up setting off a lot of red flags, and when they try to prevent the red flags from going off, they set off even more red flags.

IMO the main problem is that people do not classify themselves as running a business or themselves as a money transmitter when they are in fact are one of these things

[phillipsjk]

IMO the main problem is that people do not classify themselves as running a business or themselves as a money transmitter when they are in fact are one of these things

I had my personal checking  account closed for trying to open a Bitcoin-related business account. As promised, I never had more than 2 Bitcoin related transaction per month. (My first clue something was wrong is that my account manager moved up, but my account was not re-assigned.)