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Mastercard, Rockefeller Foundation Launch Online Data Platform For Non-Profits

PYMNTS

They intend to build on the legacy of the original DATA.org website—launched in 2002. The philanthropy organizations also revealed today a $10 million “impact challenge” to crowdsource data science initiatives and solutions for organizations in the non-profit, civic, and government space.

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Australia To Test Coronavirus Vaccine; US Doctor Claims To Have Potential Cure

PYMNTS

Testing is being done in cooperation with the Coalition for Epidemic Preparedness Innovations (CEPI), a global group whose mission is to speedily develop vaccines against emerging infectious diseases, DW wrote.

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Marketplace Lending Depends on Savers Moving on From Bank Deposits

Bank Innovation

This feels like the Internet is dead consensus in 2002. Authoritative sources such as this Deloitte report (with sensationalist headline from Business Insider) add credibility to this meme. At the time I vividly recall the relief with which media companies Read More.

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

All of these new instant payments systems around the world are being built on the ISO 2002 standard,” said Waterhouse. The real innovation cycle is where you layer on the program ability of money as a data type on the internet,” noted Allaire. But the faster payment systems are showing advantages, too, he said.

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

PYMNTS

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. These innovations would usher in digital’s 2.0 Not to mention the time it would take to do it. Digital’s 2.0

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Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

that he sold to RBS in 2002. that resulted in the reduction in the number of clearing banks to four, the incredible rise in FinTech innovation in the U.K. and the dearth of anyone innovating in core banking systems — or even talking about establishing a new clearing and settlement bank that might expedite FinTech innovation.

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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.