article thumbnail

Wells Fargo Head Of Innovation Group To Retire

PYMNTS

Wells Fargo announced on Tuesday (May 22) that Steve Ellis, head of the innovation group, will retire after nearly 31 years with the company. Before that, he started and ran the wholesale internet solutions group, which launched Wells Fargo’s Commercial Electronic Office (CEO) portal in 2000 and CEO Mobile in 2007.

Groups 100
article thumbnail

NY Seizes Municipal Credit Union After Embezzlement

PYMNTS

Wong was in charge from 2007 until 2018. At the same time, the credit unions are on the hook to not only provide for customer experience but also security. The move comes after its ex-Chief Executive Officer Kam Wong pleaded guilty to embezzling funds, reported Reuters.

New York 181
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

37 Corporate Innovation Labs In Finance

CB Insights

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

article thumbnail

32 Corporate Innovation Labs In Retail

CB Insights

But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. Founded: 2015.

article thumbnail

Michaels Announces New CEO, Shares Jump 15 Pct

PYMNTS

Ashley is a world-class executive who has demonstrated the ability to redefine customer experiences and drive growth at the world’s largest retailer, and we are confident that he will be successful in leading Michaels forward,” said James Quella, chairman of The Michaels Companies Board of Directors, in a press release.

article thumbnail

Walmart Is Buying Men’s Clothing Firm Bonobos for $310M

PYMNTS

Bonobos was founded in 2007 and has since expanded to 35 brick-and-mortar shops nationwide. Adding innovators like Andy will continue to help us shape the future of Walmart and the future of retail,” Lore said. They’ve created an amazing product and customer experience, and that will not change.

article thumbnail

Accepting Nominations for Model Bank 2017

Celent Banking

We began the program in 2007 and are celebrating its 10th anniversary this year. We judge those initiatives on three core criteria – business benefits, degree of innovation, and technology or implementation excellence. For 2017, we are accepting nominations in five categories: Customer Experience.