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Mastercard, Rockefeller Foundation Launch Online Data Platform For Non-Profits

PYMNTS

They intend to build on the legacy of the original DATA.org website—launched in 2002. The philanthropy organizations also revealed today a $10 million “impact challenge” to crowdsource data science initiatives and solutions for organizations in the non-profit, civic, and government space.

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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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Curinos publishes update to “Competition Drives Overdraft Disruption” study, predicting consumer savings of $28B from 2021 to 2025

CFPB Monitor

As has been previously reported by the CFPB through a blog post and two December 2021 overdraft reports , which we previously blogged about here and here , many banks have announced innovations and policy changes in the past year to enhance their overdraft programs and reduce consumer harm.

Study 78
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Marketplace Lending Depends on Savers Moving on From Bank Deposits

Bank Innovation

This feels like the Internet is dead consensus in 2002. Authoritative sources such as this Deloitte report (with sensationalist headline from Business Insider) add credibility to this meme. At the time I vividly recall the relief with which media companies Read More.

Lending 150
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Australia To Test Coronavirus Vaccine; US Doctor Claims To Have Potential Cure

PYMNTS

Testing is being done in cooperation with the Coalition for Epidemic Preparedness Innovations (CEPI), a global group whose mission is to speedily develop vaccines against emerging infectious diseases, DW wrote.

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

PYMNTS

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. These innovations would usher in digital’s 2.0 Not to mention the time it would take to do it. Digital’s 2.0

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Fintech’s Beneficiaries: Two Approaches to Regulation

Celent Banking

The FinTech whitepaper resulted from the White House’s FinTech Summit in June, 2016 that brought together a wide range of bankers, policy makers, and other interested parties, and subtext of the whitepaper was that cooperation between all stakeholders would yield greater innovation in financial services, as summed up below.