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Alibaba Introduces “Smile to Pay” Facial Recognition Technology

Bank Innovation

Jack Ma, Alibaba’s founder, has long planned on launching facial recognition technology for the company’s payment app, Alipay. He first revealed his commitment to the development of this technology at a CeBit Conference in 2015, when […].

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The top trends in retail banking innovation

Chris Skinner

I get lots of input from many sources, and one of the ones I like is the innovation survey of banking produced annually by EFMA with Accenture.

Trends 305
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Wells Digital Guru Talks Innovation Groups, AI, and Banking’s ‘Uber’ Moment

Bank Innovation

How do you choose where to focus your innovation team? Floyd, who joined Wells Fargo in 2015, has worked in the tech industry for more than 30 years, and for companies like Intuit, eBay, and IBM. Marie Floyd, senior vice president of digital customer experiences for Wells Fargo, has some tips. In her time at […].

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Driving Retail Innovation With Digital Technology, DTC Models

PYMNTS

500,000: Number of Instagram followers Flat Tummy had on its own in 2015. And Nike recently announced it will no longer sell its wares on Amazon, following an increasing eCommerce trend where firms sell directly to consumers instead. All this, Today in Data. 2017: The year Nike launched a limited program to sell with Amazon.

Retail 101
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Solving state corruption with technology

Chris Skinner

This is a blog about technology and finance, not the economy and politics. The inflation rate is around 20% per annum, down from double that last year, and the government was only voted into office in late 2015. I try to generally avoid making political commentary on the blog as it’s not appropriate.

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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

And, as consumers have many options, fast-casual and quick-service restaurants (QSRs) realize they must meet growing diner expectations and embrace technology to stay relevant. And food-ordering platforms are teaming up with restaurant technology companies to make it easier for eateries to accept delivery orders.

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Tech Center: Fishers Deepens Its Technology Innovation By Launching IoT Lab

PYMNTS

Technology innovation can happen at any place at any time. As rental prices for prime real estate in large cities continues to rise, startup companies and innovation centers look to the surrounding areas. In 2015, the company moved its entire headquarters from Indianapolis to downtown Fishers.

Indiana 100