Bank Innovation

MAY 10, 2016

in 2013, it seemed like a distant dream, The Fed itself announced a 10-year time horizon. It looks like this faster payments thing is going to happen after all. When the Federal Reserve floated the idea of faster payments in the U.S. But over the past week, proposals have been Read More.

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PYMNTS

JULY 25, 2019

Banks need to keep this requirement top of mind as they compete against other FIs in newer markets, however. It is thus imperative that those seeking to expand into new markets adjust their fraud protection strategies to better fit local customer needs. Bringing a global fraud approach to a new local market. operations.

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PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution.

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PYMNTS

APRIL 4, 2019

As Chipotle continues its digital efforts, the chain’s stock is having its best year since 2013, with part of the increase credited to investors liking CEO Brian Niccol , who joined the chain about a year ago after turning Taco Bell into a lifestyle brand and introducing breakfast at the quick service restaurant. Chipotle’s Digital Gains.

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PYMNTS

NOVEMBER 20, 2019

And in seasonal commerce, Santa has evolved as more holiday shopping goes digital, although privacy laws threatened a Christmas tradition at a market in Bavaria. 2013: The year Salvador Nissi Vilcovsky and Ofer Saban co-founded MemoMi, their smart mirror product. All this, Today in Data.

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PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015.

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PYMNTS

MARCH 8, 2017

trillion global payments market. . Despite all that exchange of funds in the B2B market, the banking industry has a reputation for being a bit behind the times technologically — and it may be justified. According to industry research, the B2B payments industry moves roughly $550 billion each year, making up roughly half of the $1.2

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PYMNTS

MARCH 28, 2017

percent annual consumption rate increase over the last six years, India’s liquor market size has become the third largest in the world. Out of India’s overall retail $35 billion market on a yearly basis, the fact that liquor sales has reached $22 billion is astounding. With a steady increase of 8.9

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Bank Innovation

JUNE 29, 2016

Square Cash was launched by Square in 2013 for P2P payments. Is Citigroup going to partner with Square to offer the startup’s peer-to-peer payments service to Citi customers? That’s the implication from a recently published article in Fortune. The service is available in the U.S., and for both personal or Read More.

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Jeff For Banks

DECEMBER 22, 2013

and its subsidiary BofI Federal Bank aspire to be the most innovative branchless bank in the United States providing products and services superior to their competitors, branch-based or otherwise. Nasdaq: EGBN) EagleBank, founded in 1998, is a traditional community-based business bank, serving the metro Washington DC market.

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PYMNTS

FEBRUARY 18, 2019

The global insurance technology ( InsurTech ) market is slated to become a $1.1 billion industry by 2023, analysts have predicted, with growing analytics and artificial intelligence (AI) functionality accelerating innovation in the insurance market.

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PYMNTS

FEBRUARY 13, 2020

British bank Standard Chartered and payments firm Assembly Payments have established a joint venture in Singapore to bring payment solutions to its $29 trillion global eCommerce market, the companies announced on Tuesday (Feb. Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

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Chris Skinner

MARCH 8, 2017

The Spectator has just written an interesting piece about this: In 2013, Graeme Hartop left his job as managing director of the banking arm of the Scottish Widows investment group. Building a private bank from scratch at a time when the market seemed fixated on digital rather than face-to-face banking might have seemed foolhardy.

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PYMNTS

OCTOBER 8, 2020

The company was founded in 2013 and offers customers the ability to order cleaning and home products, over-the-counter medications, and food and drinks. In some markets, alcohol can be ordered via the service. goPuff's innovation comes from bringing the convenience store to the customer rather than the other way around.

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PYMNTS

DECEMBER 1, 2017

A fact that people like Tim Gunn and Brian Beitler, chief marketing officer of Lane Bryant , says is true on paper, but overlooks the reality of plus-size women’s fashion. The small, new, innovative players are generally beating out the big behemoths that are sort of stuck in the old way of doing fashion retail.”.

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PYMNTS

DECEMBER 23, 2020

As reported by CNBC , the suit hinges on the contention that the crypto — the third largest as measured in terms of market value before a double-digit percentage slide in its value to 34 cents — is a security, not a currency, and thus is regulated by the SEC. “We It’s an attack on the entire crypto industry and American innovation.”

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cryptocurrency Security Bitcoin Regulation 234

PYMNTS

AUGUST 21, 2020

But] we’ve been around since 2013 … and we’ve been growing year over year. Innovation By The Boatload. And we bring boat owners that aren’t necessarily tech savvy [and don’t] have customer support or sales or marketing into the 21st century. Owners will list with us. We bring them onto a mobile platform.

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Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

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PYMNTS

JANUARY 1, 2019

years in 2013, according to a recent estimate. A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. consumer ridesharing market. The expected move to the public markets comes amid a robust time for Pinterest.

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PYMNTS

MARCH 4, 2019

Australia’s Car Next Door , which was founded in 2013, provides a Turo -like car share service to connect car owners and would-be borrowers. Airbnb and Uber then entered the market, which made the concept of Car Next Door a bit more palatable.

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PYMNTS

FEBRUARY 11, 2020

To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market digitally and to target consumers underserved by traditional banking models. A year-and-a-half ago, when we re-engaged, it seemed like a natural fit,” said Haymond.

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PYMNTS

SEPTEMBER 12, 2016

And while people like yogurt — apparently, a lot — until very recently, it was not a product anyone really thought much about or tried to innovate. It was apparently the yogurt innovation the American public didn’t know it needed. market by about seven years. yogurt sales in 2013. Innovation-Minded. In a big way.

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PYMNTS

SEPTEMBER 25, 2018

Beyond that, volume has exploded, with $284 billion extended in 2016 compared to $11 billion in 2013. China was the largest market, yet volume has declined in recent periods. Against that backdrop, said Barron’s, “the perils of extremely risky peer-to-peer lending products being marketed as deposit-like securities became clear.”.

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CB Insights

JANUARY 6, 2019

One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. We’ve assembled a list of innovation labs from some of the most recognizable names in retail looking to disrupt their industries. CVS — Digital Innovation Lab.

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PYMNTS

SEPTEMBER 27, 2019

“The subscription commerce market is undergoing a dramatic shift as consumer purchasing behaviors are quickly evolving to expect flexible, pay-as-you-go models from their favorite brands,” CEO Dan Burkhart said in a statement per the outlet. “We In separate news, Bank of America Merchant Services announced a partnership with Recurly in May.

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PYMNTS

DECEMBER 30, 2020

billion illegally since 2013 by calling XRP a commodity when in reality it was more like a security, according to a press release. Garlinghouse said in an interview prior to the filing of the suit, but anticipating it, that government litigation would be an "attack" on all cryptocurrency and innovation. 22 against Ripple Labs.

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PYMNTS

FEBRUARY 6, 2020

To match the scale of the Nike effort, marketing and tech updates are important. Nike’s competitors haven’t yet introduced entire new lines, but they have focused on sustainability in marketing and product development. percent of the market in 2018, up from 14.3 Most importantly, products marketed as sustainable grew 5.6

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Millennials Miami Retail Marketing 152

PYMNTS

NOVEMBER 30, 2020

Whether you want to track your run times, monitor your sleep or try to avoid a sunburn, the market for wearable technology is growing and evolving as companies large and small try to cash in on one of the holiday season’s hottest segments. Or at least it’s amended marketing strategies. Innovations Are Just Beginning .

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Google Examples Innovation Apple 183

PYMNTS

DECEMBER 13, 2019

The shopping time between Thanksgiving and Christmas is six fewer days this year, the shortest since 2013. Spin Master Entertainment’s Paw Patrol animated series, which first launched in 2013, is also still a hit. percent through the first nine months of the year, according to BMO Capital Markets. Other winners included O.M.G.

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PYMNTS

NOVEMBER 26, 2018

The move means that the company will end its JV that has been in place since 2013 with Yoox Net-A-Porter, which as the newswire stated helps third-party brands develop sites. By 2020, Kering will bring full control of its luxury brands online through its own internal activities, which include building tech teams, said Reuters.

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social media Branding Online Apple 141

Abrigo

AUGUST 6, 2019

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. He further stated that we must be responsible with such innovation. FIs must understand the industry, the markets, and the risks. billion since 2013.

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PYMNTS

MARCH 25, 2020

He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. He navigated its initial public offering (IPO) in 2010, and in 2013 he led the company in a $1.4 billion all-cash sale to TSYS. “I

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PYMNTS

NOVEMBER 19, 2019

Trying on clothes in the store can really be an experience of fashion out of context — a problem that MIT graduate Salvador Nissi Vilcovsky decided to formally take on in 2013 when he and MemoMi Co-Founder Ofer Saban launched a product that had heretofore never been seen in the market: a smart mirror.

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CB Insights

SEPTEMBER 26, 2018

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

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CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

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PYMNTS

DECEMBER 13, 2019

The initiatives will take advantage of Verizon’s 5G Ultra Wideband tech to not only provide innovative AR products, but content and new ways for people to communicate. to create unique experiences and new offerings,” said Frank Boulben, senior vice president of marketing and products, Verizon Consumer Group. Fashionable Looks.

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