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What Payments Innovators Can Learn From Monkeys

PYMNTS

It also explains why some innovations in payments have been met with open arms by consumers and others given the cold shoulder. In 2010, two researchers at MIT’s McGovern Institute for Brain Research published a paper that shed new light on how the brain makes decisions to stick with or change routine behaviors. Here’s why.

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Innovation in the Asset Management industry

Tefkin

On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades. It is limiting to define these businesses as just online, their capacity to craft a digital experience in line with the expectations of the younger generations is unmatched by traditional financial services players.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Digital laggards – Many big-box retailers either failed or were too late to establish an online presence. In 2018, the company has agreed to close at least 26 UK-based warehouse-size stores and focus on higher-performing stores and online commerce. Date: September 2017. Category/Product(s): Footwear. Date: June 2017.

Retail 78
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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

via Beta Boston. Torris said Boo.com also spent too much on advertising and promotions and failed to keep pushing forward on technology innovations. via MDDI Online. In a Boston Globe interview in January, he had indicated that the company’s financial performance was a pressing concern. ” via Boston Globe.

Capital 78
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2019: What To Take Forward And What To Leave Behind

PYMNTS

This is the year that everyone takes a critical look at the innovations they’ve pursued over the last decade to decide what’s worth taking forward into the decade of the ‘20s and what’s best left behind in the decade whose door will close 358 days from today. Paying for things will happen online for pickup in the store later.

Mobile 205
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Who’ll Rule The Future Of Commerce?

PYMNTS

The modern-day department store, the intermediary that’s aggregated brands and buyers in a single physical location for more than 160 years, and the modern-day shopping mall, which has done the same for the last six decades, has steadily lost foot traffic, sales and profits to online competitors since about 2010.

Online 128