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Distributed Ledgers Expected to be Most Prominent Financial Technology in 2019, Poll Finds

Bank Innovation

Distributed ledger technology will be crucial to innovation in digital banking this year, according to a poll conducted by Bank Innovation. For the December poll, Bank Innovation asked readers to name a technology, aside from the obvious - artificial intelligence, that would be most prominent in 2019.

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PayPal, Village Capital Collaborate to Promote Financial Inclusion Tech

Payments Source

PayPal is partnering with venture development group Village Capital to accelerate financial technology innovation for underserved consumers and small businesses in the U.S., Latin America and India.

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VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic

PYMNTS

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. It also plans to invest in companies where technology is a clear differentiator.

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Middlegame Launches €150m FinTech Fund

PYMNTS

MiddleGame Ventures has launched a new €150MM fund targeting FinTech investments in Europe and North America. MGV’s Venture Fund I has already made three representative investments in financial technology startups in the UK: Nivaura, Railsbank and Gardenia Technologies.

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Equifax Buys Commercial Credit Data Company Ansonia

PYMNTS

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. trillion in accounts receivable data from industries in North America. The price was not disclosed. Launched in 2006, Ansonia reports on seven million businesses in more than 140 industries.

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TS Imagine Announces Strong Growth and Senior Hires as Demand Surges

Bobsguide

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. The hires include several senior hires with decades of experience in capital markets and technology: Paul Sweeney, Head of Fixed Income Development : Paul has over 20 years of experience designing and developing financial solutions.

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SoftBank Reportedly Tapping Into Online Used Car Trend

PYMNTS

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. What’s not guesswork is that innovation has been steadily increasing in this space. The latest evidence of that comes via Japan-based SoftBank. million in a previous round.

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