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Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

There is an out-and-out frenzy to capitalize on the pandemic-fueled digital shift that gave consumers few options for accessing products and services over the last twelve weeks. Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say.

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simPRO Taps Square To Power Field Service Payments

PYMNTS

Founded in 2002, simPRO secured $31 million in growth capital in 2016 as part of an aggressive product innovation and expansion strategy. “By partnering with Square’s trusted payment platform, we are simplifying the billing and invoicing process for our customers.”.

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The Connected Economy: It’s About Time

PYMNTS

One of the most important innovations in history is the pendulum clock, which was invented in 1636 by Christiaan Huygens , a Dutch scientist and founder of the field of mathematical physics. Enabling people to use their scarce time more efficiently has been at the core of many disruptive innovations throughout history.

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Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

responded to Google’s innovation quite awkwardly, first partnering with Google, then walking away from the partnership in 2004 as it sought to exploit the technology of acquired businesses such as Inktomi (2002) and AltaVista (2003). It’s very simple: innovation is a game that is played for a full 9 innings.

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Best Buy’s Board Loses Former CEO

PYMNTS

In his place, corporate venture capital leader Claudia Fan Munce assumed his seat on the board as of Monday, though Anderson will remain with the retailer until its yearly shareholder conference in June. “I

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Apple’s Long Strange Trip to A $2T Valuation

PYMNTS

trillion market capitalization — almost double where it was just two years ago. For all of Apple’s brilliant innovations over the past 25 years, the company has also managed to enjoy some very good timing. Apple is on the cusp of a stock market first — becoming the first public company in history to capture a $2 trillion valuation.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. To you, manage your interest rate risk.

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