article thumbnail

Black Swans Are The Sandbox Of New Innovations

PYMNTS

Jim McCarthy, i2c president, says disasters often breed innovation. Black Swans Are the Sandbox of New Innovations. At the time of the black swans in 2001 and 2008, it was hard to tell anything positive was coming out of them. While it may take years, these good, innovative ideas often resurface when the time is right.

article thumbnail

Solve This Problem with Your Strategic Horizon

South State Correspondent

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. Few companies were more innovative.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PingPong To Enter Europe Via $113M Investment

PYMNTS

We are actively following the country’s Belt and Road Initiative to empower Chinese businesses through innovation in the cross-border ecosystem,” said Luo in a statement. Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

article thumbnail

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

PYMNTS

The health crisis has forced the sector to hasten its use of technology to improve customers’ experiences at the drive-thru, to streamline curbside pickup orders and to cater to a limited number of dine-in patrons. . Since the pandemic began, we have accelerated our digital investment,” she said. “I I don’t see that slowing down.” .

article thumbnail

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).

article thumbnail

Bitcoin Daily: SWIFT India Teams With Blockchain Startup; Giga Watt Files For Chapter 11 Bankruptcy

PYMNTS

SWIFT India , a joint venture between SWIFT SCRL and several banks, plans to test distributed ledger technology (DLT) in partnership with blockchain startup MonetaGo , Cointelegraph reported. The FinTech firm’s technology will reportedly work with SWIFT’s standardized financial messages, which serve the market in India.

Bitcoin 131
article thumbnail

14 Corporate Innovation Lab Products That Changed The World

CB Insights

Today, it seems like every large corporation has its own “ innovation lab.”. Few are more critical of the model than startup entrepreneurs and VCs, who argue that corporate innovation labs are mostly innovation theater. Get the Best of corporate innovation. Get the Best of corporate innovation. Waymo (Google X).