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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. In 2007, Netflix introduced streaming services to further scratch that consumer itch. In the book, he freely admits that his formula might not work for every company.

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Why Credit Unions Need To Innovate With Data To Gain Edge On Banks

PYMNTS

Data is where it’s at, and more credit unions (CUs) are waking up to the fact that without sophisticated analysis of customer data, they risk being left behind as financial institutions continue to adopt innovative digital technologies to please the modern consumer. So, what else does the future — the 2020s — hold for CUs?

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).

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Online Grain Marketplace FarmLead In $6.5M Series A

PYMNTS

The Ottawa-based company and has created an online marketplace platform that automatically connects buyers and producers of grain — and investors have taken notice. million Series A round of venture funding led by Monsanto Growth Ventures with participation from Avrio Ventures, the MaRS Innovation Accelerator Fund and Serra Ventures.

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Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors

PYMNTS

We will continue innovating to bring the next 200 million Indian shoppers online.”. Last month, Flipkart introduced an artificial intelligence (AI)-powered voice assistant to let customers shop online in multiple languages, including Hindi and English. Flipkart, which was founded in 2007, recently exceeded 1.5

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . Each $1 of fraud costs retailers $3.13. .

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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Student debt was at $545 billion at the end of 2007, just ahead of the financial crisis, and now stands at more than $1.5 Necessity is the mother of invention.

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