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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’.

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The Rapid Rise of Mobile Marketing Trends in Millennial Consumers

Bank Innovation

The face of banking and financial education has changed how we market in the course of a few short years. Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. Smartphones have become the device of choice for well over half of digital media […].

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Thanksgiving Innovation 101: The Turkey

PYMNTS

There isn’t a lot of room to really innovate the Thanksgiving turkey. The Instant Pot multi cooker was the idea that ended up being the solution to both of those problems and in 2010 the first-generation product launched on Amazon. So is this innovation worth investigation? Or is there? The Instant Pot Solution.

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Why bank branches—and human contact—are not going away any time soon

Accenture

Given that this trend is coinciding in with an ongoing shift by younger consumers towards more innovative channels—the likes of wearables, social media and instant messaging—it’s possible that the continued strong usage of branches is a transitory effect. But our study gives no indication of that. Stay tuned. [1-5]

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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention. Mortgages ?

Lending 148
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SharkNinja’s Plan To Capture The UK Vacuum Market

PYMNTS

In the United States, Shark vacuums run the market — it’s the top selling upright brand and owns 35 percent of the market. Not bad for a firm that in 2010 controlled only 1 percent of the market. and Europe over that last few years, and the firm “fully intend[s] to become UK market leader” in floor care. “We

Marketing 129
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Mastercard’s Incoming CEO’s Take On The Future Of Payments

PYMNTS

Banga will be succeeded by Mastercard’s Chief Product Officer Michael Miebach, who first joined the company in 2010 as president of Middle East and Africa. He has served as Mastercard’s Chief Product Officer since 2016 and has headed the network’s new products and innovation team since 2018.

Payments 274