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Why Does The Path To Retail Innovation Go Through So Many Labs?

PYMNTS

Innovation is one of the keys to advancement — and that increasingly means opening tech hubs, incubators and other such operations. But not all innovation labs or tech hubs give rise to seamless tech progression. PYMNTS readers can be forgiven if they view innovation labs (no matter the label) as something that verges on retail fad.

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FTC, 48 States Launch Massive Antitrust Suit On Facebook

PYMNTS

The FTC complaint alleges that Facebook has engaged in a systematic strategy — including its 2012 acquisition of Instagram, its 2014 acquisition of WhatsApp, and the imposition of anticompetitive conditions on software developers — to eliminate threats to its monopoly, according to the release.

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Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B

PYMNTS

Founded in 2012, the ride-hailing unicorn – which is valued at over $1 billion – was the premier tech startup in the Middle East and North Africa. Innovation is at the heart of what we do at Careem , and has been critical to our success in winning over local markets,” said Co-founder and chief executive officer (CEO) Mudassir Sheikha. “As

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This week’s podcast: a conversation with Paul Watkins, Director of the CFPB’s Office of Innovation

CFPB Monitor

Our guest for this week’s podcast is Paul Watkins, Director of the CFPB’s Office of Innovation. The Office has taken over the Bureau’s work that was formerly done under Project Catalyst, the initiative launched by the CFPB in 2012 for facilitating innovation in consumer financial products and services.

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Uber Launches Uber Works To Connect Workers To Gig Jobs

PYMNTS

Founded in 2012, the ride-hailing unicorn – which is valued at over $1 billion – was the premier tech startup in the Middle East and North Africa. Questions are being circulated about its strength to stay competitive. In other Uber news , the company just purchased Dubai’s ride-hailing startup Careem for $3 billion. Uber paid $3.1

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18 Corporate Innovation Labs In Healthcare

CB Insights

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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Former Visa Head To Lead Bank Of New York Mellon

PYMNTS

Charlie is an accomplished and distinguished leader, with a record of profitably growing businesses, driving innovation and managing complex, large-scale global financial services organizations,” said Hassell. Before joining Visa , Scharf served as managing director of One Equity Partners, JPMorgan Chase & Co.’s

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