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What Innovators Can Learn From Netflix

PYMNTS

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. Watching it at home in the comfort of the living or family room wouldn’t be an option until nearly two years later: August 22, 2006 , when the DVD was finally released.

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JCPenney, Sephora To Maintain Partnership For In-Store Experience

PYMNTS

Sephora and JCPenney have collaborated for more than 14 years, and they said that “today’s amendment remains consistent with this shared goal … the companies are committed to continuing to expand and innovate SiJCP’s offerings in order to deliver the beauty experience customers expect in the future.”.

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Mastercard’s Incoming CEO’s Take On The Future Of Payments

PYMNTS

Haythornthwaite has served as chairman since May 2006 and Banga has served as CEO since 2008 — when he took over the helm shortly after the onset of the financial crisis. Mastercard , like most consumer credit connected brands, was hit hard in the early days of the Great Recession.

Payments 274
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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

By 2005, the firm was profitable and, by 2006, had sold over 2 million cards. The company mantra, he noted, is to ask the teams what products they would build if the business were brand new, and if the target audience was a group in their 20s. It’s even easy to convince oneself that the iterations one is pursuing are real innovations.

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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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How (And Why) Major Retailers Are Embracing Print Catalogs Again

PYMNTS

Whatever the reasons, catalogs have seen renewed life in this digital age, and will probably be a source of some innovation going forward into the new decade. In 2006, 19.8 In 2006, 19.8 The company, which launched in 2001, has been providing online and physical content since about 2006.

Retail 133
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Coca-Cola Bottle Cap Loyalty Program Fizzles

PYMNTS

Since 2006, loyal fans of the soft drink have been collecting bottle caps with numbers printed inside to collect points for items. After years of faithful Coca-Cola fans saving up bottle caps for the soda company’s loyalty program, there’s a chance it was all for nothing as those points may become worthless within the next few months.

Branding 108