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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

According to the new PYMNTS Order To Eat Tracker , the volume of mobile app orders rocketed 130 percent from 2016 to 2018, and the overall mobile order market value is set to reach $38 billion by 2020. DoorDash has been offering group orders on its site since 2015 and on its app since 2017.

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Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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Digital Freight Services Race Toward More Cash And Last Mile Innovation

PYMNTS

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

PYMNTS

The total number of CUs in operation declined from 6,743 in 2015 to 5,390 as of 2019, but the total number of CU members increased over the course of the decade from 89.3 New technologies are being developed to continue this market growth. Total CU assets increased 7.4 percent year over year from $884.7 billion in 2009 to $1.54

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Mobile Advertising Grows By Two-Thirds In 2015

PYMNTS

“Mobile’s impressive upswing is a testament to its increasing importance to marketers,” said Randall Rothenberg, president and CEO of IAB. Internet advertising was a disruptive innovation when the industry was formed,” says David Silverman, partner, PwC US. percent to $ 10.9 billion in revenue.

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When QSRs Think Really Outside The Box In The Innovation Race

PYMNTS

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in Springfield, Missouri.

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CPOs’ Support For Innovation Surprises The Market

PYMNTS

Coupled with internal factors — like pressures from CFOs to reduce operating costs — the CPO today is facing monumental challenges but also the opportunity to rise as a strategic part of the overall enterprise, Umbenhauer explained. The difference in investment of new technologies between 2014 and 2015 was also significant.