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Mastercard Selects New President For European Operations

PYMNTS

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

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What Innovators Can Learn From Netflix

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But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. In 2010, Blockbuster declared bankruptcy, a decade after famously telling Netflix, which then had $5 million in annual sales, to get lost when they suggested that Blockbuster buy them.

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Solve This Problem with Your Strategic Horizon

South State Correspondent

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. Risk management also needs to change.

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Key Innovations Boosting Corporate Banking Revenues

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The latest report from Finastra , the FinTech conglomerate recently formed through the merger of Misys and D+H, and financial research firm Celent finds that banks are poised to see a 4 percent growth rate in corporate banking revenue through 2020, double the growth rate seen between 2010 and 2016.

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Smartwatch And AI Startup Mobvoi Close To $1B Valuation With Google’s Help

PYMNTS

Mobvoi was Google’s first direct China investment following the exit of its search engine from the country in 2010. The startup has a partnership with Google through its Voice Assistant and Wear operating system. It will also help Shanghai become an international financial center, as well as a hub for technology innovation.”.

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Ten Years Of Payments Innovation And Reinvention

PYMNTS

However, most people assumed that was survivable, and that the new millennia — powered by the emerging, mysterious technology known as “the internet” — was going to be a great place to live. As Nan Siler, head of payment and financial operations at Kabbage, noted, it’s been a pretty wild ride, thus far.

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ING Bags Unlimited Corda Licenses From R3

PYMNTS

According to the announcement , ING will be allowed to access Corda Enterprise and deploy Corda applications across its global back-office operations, including trade finance, insurance, identity management and more. In a statement at the time, ING acknowledged “serious shortcomings” in its due diligence efforts between 2010 and 2016.