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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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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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McDonald’s Banks On Bakery To Beef Up Breakfast Sales

PYMNTS

We’re continuing our breakfast innovation by adding tasty new sweet options with our new McCafé Bakery lineup. Breakfast burritos topped the morning menu at McDonald’s in 1991, and McGriddles followed in 2003. That will all change on Oct. Further, the company’s popular premium roast coffee is now 100 percent sustainably sourced.

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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. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

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Citizens Bank readies mobile app revamp after COVID delay

BankInovation

Citizens Bank is overhauling its 17-year-old mobile app, a move that should improve both the customer experience on the front-end and speed product development on the back-end, Chief Experience Officer Beth Johnson told Bank Innovation.

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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

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The Printed Holiday Toy Catalog Makes A Surprising Return

PYMNTS

which had the innovative idea in 1848 that people might want a way to purchase mail-order jewelry. He was the first in a long time of innovators who realized that taking out the middleman and selling direct to consumer (D2C) allowed him to undercut stores on price. million, the brand’s biggest quarterly sales since 2003.

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