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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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PayPal India Sees Revenue Jump 12x

PYMNTS

While the basic payment platform, coupled with the security features, are the same as in the U.S., India is transitioning away from our biggest competitor (cash), and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pahuja, country manager and managing director of PayPal India, at the time.

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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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How Digital Platforms Innovate For Adventurers In The Airbnb Age

PYMNTS

As part of those efforts, these platforms can match buyers and sellers as well as securely handle payments while recommending services to enhance transactions — all in the same package. 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.

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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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FinTech Veteran Dan Henry Tapped To Lead Green Dot

PYMNTS

He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. He navigated its initial public offering (IPO) in 2010, and in 2013 he led the company in a $1.4 billion all-cash sale to TSYS. “I Green Dot’s fourth-quarter earnings for the period ending Dec. million.

Fintech 139
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32 Corporate Innovation Labs In Retail

CB Insights

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. CVS — Digital Innovation Lab.