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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

By 2001, sales were good enough that Streit was able to persuade CVS and Walgreens to get in on the action. The company mantra, he noted, is to ask the teams what products they would build if the business were brand new, and if the target audience was a group in their 20s.

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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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Shake Shack On Tapping AI And Other Tools To Optimize The Customer Experience

PYMNTS

This pressure to innovate is affecting QSRs of all sizes, from independent eateries serving loyal local followings to national or even international behemoths reaching millions of customers each year. Following customers’ lead on rolling out innovative ordering options and services has also been critical to keeping them engaged, So explained.

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How (And Why) Major Retailers Are Embracing Print Catalogs Again

PYMNTS

Whatever the reasons, catalogs have seen renewed life in this digital age, and will probably be a source of some innovation going forward into the new decade. The company, which launched in 2001, has been providing online and physical content since about 2006. By the numbers, catalogs certainly aren’t what they once were. In 2006, 19.8

Retail 133
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How Gift Certificates Evolved From Paper To Wearables

PYMNTS

Starbucks gave prototype gift cards to its employee partners when they attended a leadership conference in 2001. 2001 and July 2002, Starbucks’ customers activated a whopping 4 million of its gift cards, which came with an interesting bonus feature: If customers loaded $100 or more on the cards, they would receive a tin case for the card.

Cards 147
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No Pain, No Gain? GDPR, PSD2 And The New Payments Reality

PYMNTS

This year brings the Second Payment Services Directive ( PSD2 ) deadline, also in Europe, with its designs meant to encourage more security and innovation in the payments and FinTech spaces. Initially, 3DS was introduced in 2001, and has continued to evolve over the past 17 years. Parts of PSD2 are set to take effect in September 2019.

Payments 195
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Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

PYMNTS

And as Karen Webster noted in a 2016 commentary: “The generation that made sriracha a food group and yoga pants a go-to corporate wardrobe staple … the generation that every brand is desperately trying to woo is, by and large, broke.”