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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

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Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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WorldRemit opens Toronto office to help grow Canadian customer base

Bank Innovation

The company’s Canadian operations were based in Montreal since 2011, but Corey Myckan, Canada country director at WorldRemit, said the company decided […].

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Chatbots Bringing On Business Operations Revolution?

PYMNTS

Now while Facebook initially launched its Messenger chat service in 2011, it wasn’t a major hit right away and the social media giant continued to refine its offering. Once thought of as a stodgy industry that rarely sees innovation, there is a company that’s looking to change that perception. Cambridge, Mass.–based

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Volocopter, Grab Partner On Air Taxi Study In Southeast Asia

PYMNTS

Volocopter was founded in 2011 and is a pioneer in urban air mobility. The startup said it demonstrated in 2011 that electrically powered vertical flight is possible for humans. The collaboration could “eventually extend intermodal mobility to the skies.” .

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37 Corporate Innovation Labs In Finance

CB Insights

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

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nCino Ups Its IPO To As Much As $253M

PYMNTS

Our mission is to transform financial services through innovation, reputation and speed,” the company said in its prospectus. The nCino Bank operating system is a single, multi-tenant cloud platform that digitizes client onboarding, loan origination and deposit account opening across commercial, small business and retail lines of business.