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. Get the 54-page retail report.

Innovation 77

Innovation Retail Branding Technology 77

PYMNTS

FEBRUARY 1, 2017

Coin, which was founded as a mobile payment company initially in late 2013, has seen its fair share of ups and downs over the years. From seeking to take the place of all credit cards , to securing a large round of funding and introducing innovative reward programs , Coin followed the routine path of most startups.

Cards 100

Cards Operations Mobile Security 100

PYMNTS

MARCH 25, 2020

Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. 31, 2019 showed an increase in total operating revenues of $249.3

Fintech 139

Fintech Operations Innovation Company 139

PYMNTS

MARCH 18, 2019

A new study by the Organisation for Economic Co-operation and Development (OECD) shows that trading in pirated and counterfeit goods has risen significantly, according to a report in the Financial Times. The increase has the effect of stifling a global economy driven by innovation and new ideas. percent in 2013.

Report 124

Report Innovation Study Security 124

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. versus 68.5%, respectively) and its operating expenses as a percent of average assets compared to peer banks (1.66% versus 3.09%, respectively).So,

Community Bank 81

Community Bank Atlanta Community Strategy 81

PYMNTS

MARCH 4, 2019

At the same time, however, these platforms are facilitating a more traditional sales need: They have to engage buyers and sellers as they operate in the digital world of connectivity. 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.

Innovation 116

Innovation Branding Samsung Online 116

Bank Innovation

JUNE 9, 2017

The Office of the Comptroller of the Currency published an FAQ section on its website this week, in order to clarify several points from its “Third-Party Relationships: Risk Management Guidance” issued in 2013. As expected, the questions also addressed bank-fintech partnerships. Most notably, the OCC […].

Fintech 319

Fintech Risk Management Management Operations 319

PYMNTS

DECEMBER 23, 2020

Delving into the complaint , the SEC alleges that “From at least 2013 through the present, [Ripple and the defendants] sold over 14.6 billion to fund Ripple’s operations and enrich Larsen and Garlinghouse.” It’s an attack on the entire crypto industry and American innovation.” based, consumer-friendly innovation in the process.”

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

DECEMBER 16, 2019

With a digital bank license, we will be able to broaden our product offering … so that we can accelerate our mission to innovate the financial industry,” said SG Lee, CEO of Viva Republica. The bank is expected to start operating during the first six months of 2021 after it gets the final nod for a license.

Fintech 131

Fintech Online Digital Banking System 131

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.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

FEBRUARY 18, 2019

billion industry by 2023, analysts have predicted, with growing analytics and artificial intelligence (AI) functionality accelerating innovation in the insurance market. billion in payouts, Allianz found in its Global Claims Review report that fire and explosions were the biggest causes of loss between 2013 and 2018.

Study 191

Study Industry Operations Innovation 191

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. yogurt sales in 2013. Innovation-Minded. Considering the average unit of yogurt in the U.S.

Innovation 100

Innovation New York United States Retail 100

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.

Innovation 74

Innovation San Francisco Technology Georgia 74

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.

Missouri 160

Missouri cryptocurrency Security Retail 160

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. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

NOVEMBER 26, 2018

Kering is gearing up to offer its own luxury eCommerce sites within the next two years, ending existing joint-venture efforts and bringing such operations in house, reported Reuters. By 2020, Kering will bring full control of its luxury brands online through its own internal activities, which include building tech teams, said Reuters.

social media 141

social media Branding Online Apple 141

PYMNTS

AUGUST 9, 2019

. “The continued support from our existing investors and the strong interest from new institutions … reinforce the dominance that Wheels Up continues to exhibit as an innovative disruptor and leading force in the private aviation and technology industries,” said Dichter.

New York 139

New York Capital Operations Community 139

PYMNTS

AUGUST 21, 2020

We had our drop-off in April, and then come May we saw a very quick rebound, Bryan Petro , chief operating officer of boat rental and charter marketplace GetMyBoat , told PYMNTS. But] we’ve been around since 2013 … and we’ve been growing year over year. Innovation By The Boatload.

Fraud 317

Fraud US Examples Payments 317

PYMNTS

JANUARY 16, 2020

Bolt is a good example of European excellence in tech and innovation … the bank is very happy to support the company in improving its services, as well as allowing it to branch out into new service fields. Founded in 2013, the company was formerly called Taxify and rebranded to include additional offerings, like food delivery and scooters.

Regulation 130

Regulation Capital Examples Innovation 130

PYMNTS

FEBRUARY 24, 2016

The mobile version was launched in 2011, with the tablet version following in 2013; they were developed for corporate treasurers as a way to conduct critical business functions, like payment initiation, trade authorization, payment status monitoring and other financial matters, from anywhere via mobile device. “As

Mobile 100

Mobile Management Innovation Operations 100

PYMNTS

SEPTEMBER 25, 2018

The report noted that there is no internationally agreed-upon definition of what that activity might be, but for the confines of the report, it includes “all credit activity facilitated by electronic [online] platforms that are not operated by commercial banks.” The fact remains that credit availability has widened, the report stated.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

JUNE 10, 2019

“We are actively following the country’s Belt and Road Initiative to empower Chinese businesses through innovation in the cross-border ecosystem,” said Luo in a statement. Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

blockchain 116

blockchain Security Fintech Regional 116

Chris Skinner

FEBRUARY 20, 2017

There’s a line in the 2013 film Her, it’s not just an operating system, it’s a consciousness. Theodore is a lonely writer who gets to trial a new operating system OS1, the world’s first artificially intelligent operating system. The film is about Theodore, played by Joaquin Phoenix.

Phoenix 251

Phoenix System Operations Examples 251

PYMNTS

JULY 11, 2018

CNBC said The Steinberg Group , which operates under the name dOMAIN, and a production management company in New York City agreed to submit altered invoices and bills to hide the scam. The fraud happened from 2008 until he was fired in 2013, noted the report. He also worked with two QVC vendors to aid in ripping off the company.

Company 102

Company New York City Fraud Retail 102

PYMNTS

FEBRUARY 16, 2017

And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. Baumgärtner also coauthored the report. “The only question is which banks will be among them.”

Survey 109

Survey Regional America Innovation 109

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach. And what was the product?

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

JANUARY 15, 2020

“Over the last decade, we’ve been able to develop and perfect the ‘missing piece’ for both banks and depositors: customizable deposits for each individual’s needs and aspirations, with no incremental operational overhead for the financial institution,” said Choice FS Founder and CEO Daniel Smith. It has brokered 13 billion euros ($14.5

Fintech 131

Fintech US Software Retail 131

PYMNTS

SEPTEMBER 18, 2018

One of the cases involves a company called Innovative Paycheck Solutions. The agency said that the person behind the operation, Katrina Moore, “promoted the sale of a variety of financial documents on the website she operated, FakePayStubOnline.com. They were shut down for violating unfair practice prohibitions.

Taxes 134

Taxes Fraud Operations Security 134

PYMNTS

AUGUST 24, 2018

They are the owners of Transact Pro , which operates as a payments processing firm in Latvia. The bank now gets a bit of fashioning, as the Latvian duo now join the board (Chapter 11 allows firms to operate as they restructure their debts). The bank itself? It was in Chapter 11 bankruptcy, as had been declared in November of last year.

Colorado 101

Colorado Leadership Fintech Operations 101

PYMNTS

JUNE 20, 2017

In 2014 Greene was then named managing director for Epyx, a service and repair company acquired by FLEETCOR in 2013. The company said Greene has focused on global expansion of the company via strategic acquisitions. Last year the company revealed plans to acquire Travelcard Nederland in an effort to strengthen its European presence.

Leadership 115

Leadership Cards Regional Innovation 115

Abrigo

MAY 5, 2022

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry. keep me informed.

Community 195

Community Lending Maine Resources 195

PYMNTS

OCTOBER 21, 2019

21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. billion in 2013, representing a 2.10 Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct.

Trends 101

Trends Retail social media Online 101

PYMNTS

APRIL 5, 2019

With a customer-centric and conscious approach to innovation and new solutions, and a network that covers all of Norway, it gives us a good platform to distribute innovative payment solutions in the market.”. The company has brought its operations to 11 cities such as Delhi, Mumbai, and Bengaluru, among others.

Groups 109

Groups Innovation Fintech Report 109

CFPB Monitor

FEBRUARY 22, 2016

The CFPB has issued a final policy statement on issuing “no-action” letters (NAL) for innovative financial products or services. The policy is part of “Project Catalyst,” the CFPB’s initiative launched in November 2012 for facilitating innovation in consumer-friendly financial products and services.

Policies 60

Policies Innovation Regulation Resources 60

PYMNTS

JUNE 10, 2016

” Little hardware innovation and limited vendor portfolio were some of the other factors that played into the slowing demand, especially that of business tablets, which was found to be undergoing a downward spiral after reaching its lowest point since Q4 2013.

Analytics 100

Analytics Strategy Apple Innovation 100

PYMNTS

JANUARY 28, 2019

Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. The card networks left it up to the states to decide whether or not to allow its operating merchants to do so. Innovation by Any Other Name. And then regulators are forced to backtrack.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

MARCH 23, 2017

“The combined backing from Octopus and AllBright is a huge mark of credibility for Elvie … Together we are committed to push the boundaries of innovation applied to women’s issues.”. Elvie is currently growing its customer base by 50 percent quarter on quarter and operates in 59 countries globally.

Exercises 100

Exercises Regional America Technology 100