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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).

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The Buyers: Generation Z’s Shopping Preferences

PYMNTS

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. Get ready, retailers. This falls in line with what we’ve been seeing over the last few years.

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How To Drive Success In A Digital 3.0 World

PYMNTS

In 1979, psychologists Daniel Kahneman and Amos Tversky developed the Prospect Theory , one of the foundations of behavioral economics for which they would win the Nobel Prize in 2002. Back in March, the consumers who were already living their lives in a digital-mostly world simply shifted more of their activities online.

How To 265
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eBay: A Look Back

PYMNTS

They may never have made a purchase on the online marketplace, but the odds are good they know at least one good story about something bought it on eBay story. The site’s best-known innovation to first draw customers in was its auction format — that allowed consumers to bid on items and “win” the ability to purchase them for their bid price.

San Jose 203
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Wayfair’s Way Forward In A Crowded Field

PYMNTS

The goal of the Wayfair worker is to work on “innovating better together,” becoming “fast fixers and builders” and to help customers to better “envision the spaces where they live their lives.”. But we knew we wanted to build a nationally known mass retailer.”. But then, Wayfair has a long track record of perhaps surprising success.

Boston 101
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The Rumble In Big Retail’s Jungle

PYMNTS

Walmart has been trialing this in a couple of markets with Deliv, and is now ready to expand its efforts on a national basis with partners that have a density of drivers to serve its hundred million consumers. Under this new arrangement, payment is made via the Walmart.com app after customers make their selection online.

Retail 100
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The Real Hunger Games: A Battle Royale In The Grocery Aisles

PYMNTS

Once the 24 competitors (tributes) get to the games, they then battle to the death for a national audience that is required by law to watch the games. online grocery sales since 2017, the largest share of any single retailer and double its closest competitor. online strategy. The goal is to cover 40 percent of the U.S.

Branding 101