Remove 2003 Remove Innovation Remove Management Remove Retail
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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Mastercard Selects New President For European Operations

PYMNTS

Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard.

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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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ACI Worldwide Amps Up Erste Bank Hungary Electronic Payments

PYMNTS

ACI will be powering EBH’s updated electronic payment options using ACI’s UP Retail Payments solution. The new initiative is an upgrade from the older versions of ACI’s solutions, as EBH and ACI have been working together since 2003. The goal, both companies say, is to spur continued growth across Europe. “As

Payments 100
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The Evolution Of eBay’s Global Payments Strategy

PYMNTS

The platform has had to add several new payment options to its platform during the 25 years since its 1995 founding, including digital wallets and PayPal, which became its primary payment service provider (PSP) in 2003.

Strategy 230
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The Coming Clash Of The Commerce Titans

PYMNTS

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. Fifty percent of retail spend happened there.

Google 100
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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.

Google 76