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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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simPRO Taps Square To Power Field Service Payments

PYMNTS

Business management cloud solutions simPRO announced that it is partnering with Square to provide payment processing options to field service professionals, according to a press release. Founded in 2002, simPRO secured $31 million in growth capital in 2016 as part of an aggressive product innovation and expansion strategy.

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Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

There is an out-and-out frenzy to capitalize on the pandemic-fueled digital shift that gave consumers few options for accessing products and services over the last twelve weeks. Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say.

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Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

It was only in December when management shared the stunning news that Yahoo! ’s management could focus on rebuilding the company’s core Internet businesses. It’s very simple: innovation is a game that is played for a full 9 innings. By spinning out the Alibaba stake to Yahoo!’s Ironically, Yahoo!

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” To you, manage your interest rate risk. By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004.

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Apple’s Long Strange Trip to A $2T Valuation

PYMNTS

trillion market capitalization — almost double where it was just two years ago. For all of Apple’s brilliant innovations over the past 25 years, the company has also managed to enjoy some very good timing. Apple stock is trading at about $446 as of Tuesday (Aug. 11), giving the company a roughly $1.91

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Microsoft and Nokia. Date: April 25, 2014. Price: $7.9B. Price: $2.6B.

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