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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. We look forward to a strong partnership with Amazon Robotics,” she said.

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Former Managing Director At Deutsche Bank Joins SWIFT 

PYMNTS

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release. He has also been a member of TCH’s Company Board since 2017.

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Citi Hits Milestone In Mobile Treasury Management

PYMNTS

The TTS unit, which links multinational corporations to cash management and trade finance solutions, revealed that it has now processed more than $1 trillion worth of transactions through its mobile and tablet solutions, CitiDirect BE Mobile and CitiDirect BD Tablet, since 2011.

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Fixing Some Of The Big Problems In Payments And Commerce

PYMNTS

There are also fixes in the works when it comes to business travel expense management. Artificial intelligence is set to fuel all kinds of innovations, and Visa is certainly making its plans. trillion: Projected annual business travel spend by 2011. trillion: Net amount U.S.

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Why Accounting Innovation Flourishes In India

PYMNTS

India is becoming a new center stage for innovation in the corporate and small business accounting software space, analysts believe. There is also a ballooning demand to manage and analyze accounting data that cannot be adequately handled through manual accounting tools, the report added. billion in 2011, according to reports.

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Financial Services Platform SoFi Plans IPO Via SPAC

PYMNTS

SoFi partnered with Samsung and Mastercard to launch a new cash management account feature with no fees. Founded in 2011, SoFi has worked to leverage lending after the 2008 financial crisis, focusing on student loan refinancing. Noto — formerly an investment banker with Goldman Sachs — has expressed wanting to go public via a SPAC.

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