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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Honkook Kim and his Gentle Monster Brand is a perfect example. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million.

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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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J.Crew Looks To Lower Prices And Offer More Sizes For Turnaround

PYMNTS

Brett took over just over a year ago, and the retailer’s “404 stores have cleared out inventory left over from his predecessor, in time for Brett to give the brand a makeover,” the report said. The company went private in 2011 and has about $1.7 billion worth of debt.

America 103
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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

11:FS CEO David Brear talks to him about why ‘Monzonauts’ are so crazy devoted to the brand. [You And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. I think the word FinTech wasn’t yet around.

Study 283
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Physical Retail Looks For New Life This Holiday Season

PYMNTS

The traffic generated by holiday returns holds significant opportunity for retailers to build better customer profiles and generate new opportunities for engagement by personalizing the returns experience,” said Jeff Warren, vice president of retail solutions management, Oracle Retail. More than 1,700 physical stores in the U.S.

Retail 131
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Mastercard Continues B2B Focus In Middle East

PYMNTS

Most recently, the credit card company struck a partnership with Swipezoom in the United Arab Emirates to roll out a B2B payment and invoice management solution, signaling B2B FinTech as a key focus for Mastercard in the market. ” Doha Bank and Mastercard have worked together in the past, launching a co-branded credit card in 2011.

Cards 109
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Delivery, Casual Dining And Consumer Confidence Will Shape Future of Restaurants

PYMNTS

Hudson Riehle, senior vice president of the National Restaurant Association’s research and knowledge group, and Peter Backman, managing partner at Peter Backman FS, explored the possibilities during a joint presentation at the National Restaurant Show in Chicago. GDP growth rate is at its lowest since 2011. In the U.K.,

Chicago 100