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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? or Idea Killers? Much to my chagrin.

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Ripple Effects: Mobile Payments Are Just The Beginning

PYMNTS

What we’re doing with autonomous bots is not that dissimilar from what Google is doing with autonomous cars,” Cohen said in an interview at Symbotic’s Wilmington, Massachusetts headquarters. “I The picture is no less odd than a driverless car. I think, within five years, it’ll change distribution.”. But, so what?

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The Dawn of Banking Voice Technology

PYMNTS

In partnership with Nuance Communications, the same Massachusetts-based company behind the voice of Siri, the bank is piloting the technology in order to initially promote voice-activated functionality around spending tracking. The bank opted to pilot the technology in its student app, he said, because millennials are known early adopters.

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From ACH To IoT: Looking Back On A Year Of Trackers

PYMNTS

Getting on board with this new technology is key for banks and financial institutions as they look for ways to attract millennial consumers. This year, the Digital Banking Tracker looked at millennials’ financial habits and why younger users favor digital banking solutions over traditional banking models. UNATTENDED RETAIL TRACKER.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” Community initiatives: Loom (Massachusetts). Dining out. the Future of food report.

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24 Industries Other Than Auto That Driverless Cars Could Turn Upside Down

CB Insights

It was suggested on stage at the CB Insights Innovation Summit that car ownership may switch to a subscription model of some kind, wherein the rental company provides a vehicle and all maintenance for one fee. A shift away from licensing can already be seen in the sharp decline in millennials getting licenses. Urban Planning.

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2019: What To Take Forward And What To Leave Behind

PYMNTS

This is the year that everyone takes a critical look at the innovations they’ve pursued over the last decade to decide what’s worth taking forward into the decade of the ‘20s and what’s best left behind in the decade whose door will close 358 days from today. ” It’s incredibly innovative. mile-long tunnel that cost $1.3

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