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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Mastercard Selects New President For European Operations

PYMNTS

Barnett said in a statement on Monday (May 4) that Mastercard in Europe is a unique locale in that it is “the only true multi-rail payments technology company in Europe,” which puts it in a solid position to offer “simple and secure ways to pay and get paid.”. Mark brings with him a wealth of knowledge and experience.

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

Fintech Labs Insights

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

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Apple’s Long Strange Trip to A $2T Valuation

PYMNTS

Wedbush Securities Analyst Daniel Ives offered a resounding yes in a research note on Sunday (Aug. Adding in Apple iTunes in 2003 cemented the iPod’s place as the standard MP3 player, which drew a host of new users into the Apple ecosystem during the early 2000s. Will Apple make it over the finish line? And the iPod kept advancing.

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Fighting digital banking fraud – Part 1: Know the threat

NCR

The ongoing development of digital technology has created unprecedented choice and freedom for consumers in how they manage their financial affairs. As people complete more financial tasks and transactions via digital channels, there is more scope for fraudsters to exploit the weakest links in security. An escalating threat.

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Interactions Names New CFO

Fintech Labs Insights

Bristow ( pictured ) comes to Interactions having served as VP Finance & Treasurer of Amazon for 10 years, helping to grow the company’s revenues from $5 billion in 2003 to $89 billion in 2014. He most recently served as CFO of Code42 Software, a SaaS data security provider.

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The Coming Clash Of The Commerce Titans

PYMNTS

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. From there – slowly – commerce on the web began to take hold in the U.S.

Google 100