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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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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. Take Online auto retailer Vroom , which recently announced a $146 million Series G funding round led by AutoNation. Used Vehicle Trends.

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

PYMNTS

Company Co-Founder and Partner Dana Settle told Bloomberg that Greycroft plans to use the fresh funds to invest in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses. Salesforce Ventures .

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Can’t Navigate The Moral And Ethical Implications Of AI? There’s An App For That

PYMNTS

Bank of America and Harvard University have collaborated on a new initiative designed to make the complex technologies behind artificial intelligence (AI) and machine learning (ML) more universally beneficial and accessible to the global workforce. A huge piece of this is my own workforce here at Bank of America.

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House Financial Services Committee to hold Sept. 26 hearing on real-time payments

CFPB Monitor

The House Financial Services Committee’s Task Force on Financial Technology will hold a hearing entitled “The Future of Real-Time Payments,” at 2:00 p.m. Bob Steen, Chairman and Chief Executive Officer, Bridge Community Bank, on behalf of the Independent Community Bankers of America. on Thursday, September 26, 2019.

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Samsung’s Neon, 2020 Trendlines, Faster Payments Top This Week’s News

PYMNTS

PayPal is turning to Latin America to bolster its position in the eCommerce payments as well as remittance spaces. 30, the company announced an expansion of its partnership with Argentinian eCommerce company MercadoLibre (known as the “eBay of Latin America”), as it positions itself to take more of Latin America’s market share.

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Tech Center: Dubai Takes A Front Row Seat To FinTech Growth

PYMNTS

Dubai is considered to be a hotbed for financial technology and innovation, not just in the Middle East but globally. Recently, there has also been a surge in technology startups that are disrupting the market, from retailers like Souq.com to payment providers like Beam Wallet and even Uber-like locals Careem.”.

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