Remove 2008 Remove Innovation Remove Marketing
article thumbnail

Banking Innovation Enters New Era; Consolidation Now The Rule

PYMNTS

What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

article thumbnail

Black Swans Are The Sandbox Of New Innovations

PYMNTS

Jim McCarthy, i2c president, says disasters often breed innovation. Black Swans Are the Sandbox of New Innovations. At the time of the black swans in 2001 and 2008, it was hard to tell anything positive was coming out of them. While it may take years, these good, innovative ideas often resurface when the time is right.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Innovators Can Learn From Netflix

PYMNTS

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. The growing popularity of DVD rentals in the early 2000s introduced more competition into the market, making them more affordable for more consumers. I Don’t Want To, But I Have To’.

article thumbnail

The US could be facing a 2008-style financial crisis. Why does Sunak want to copy it?

TheGuardian

The PM’s admiration for Washington’s economic model may backfire amid looming US banking and stock market disasters One of the consistent themes of the Conservative economic narrative is an admiration for the US and its ability to grow quickly. And how both these habits could bite back in a big way, much as they did in 2008, and pretty soon.

US 110
article thumbnail

Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems. contact-form-7] About the Tracker.

article thumbnail

JPMC: Why Working-Capital Trade Finance Is On The Rise

PYMNTS

Although the 2008 financial crisis jolted the world economy, the financial conditions leading up to the disruption had been a long time coming. And according to Fraser, that means banks will be poised to support that cash flow collaboration through trade finance innovation. Lessons Learned From 2008. An Innovation Opportunity.

Capital 310
article thumbnail

Data: London FinTechs Netted $3.6B In VC Investments So Far In 2020

PYMNTS

The pandemic has dealt blows to many markets, but so far, London's FinTech market appears to be coping well, the release stated, with data suggesting that around 95 percent of the U.K.'s s FinTechs have long innovated to meet challenges. s FinTechs have survived the worst effects of the pandemic.