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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. 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. Honkook Kim and his Gentle Monster Brand is a perfect example.

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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. Innovation On The Rise.

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Barclays Shuts Down Online Banking Services on Easter Weekend

Bank Innovation

bank said it will be switching off access to 24 million customers as the bank restructures itself as required by national regulation. These changes were established by the Bank of England in 2011, and is referred […]. Barclays customers across Europe will not be able to use their mobile banking app this weekend. The major U.K.

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Khalti Digital Wallet Teams With Cinemas; Trinity Technology Receives Mobile Money License

PYMNTS

In addition, Trinity Technology has reportedly received an operational license for mobile money in South Sudan , and Thailand’s Bangkok Bank (BBL) is predicting that 90 percent of transactions will be completed by mobile apps over the next three years. . Welcome to The Axis, your late look at payments news from around the world.

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Canadian Firms Spending $5 Billion On Payments Processing

PYMNTS

“The modernization of Canada’s payment systems — specifically the introduction of faster, safer and more data-rich payments — will bring highly efficient options to Canadian businesses that will lower operational costs and boost bottom line returns over time,” said Payments Canada President and CEO Gerry Gaetz in a statement.

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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. percent, the U.S.’

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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub. Amazon’s Big Robotics Investment . India, the U.K.

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