article thumbnail

Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. The new facility will be in addition to the Amazon Robotics site in North Reading, Massachusetts. Massachusetts Gov.

Boston 161
article thumbnail

Turkey to be cashless by 2023

Chris Skinner

If nothing else, I love Turkey for their cheesy adverts: In this latest update BKM, the ACH for most of the retail banks, provides the story of Troy, the first and only national payments scheme of Turkey. In this growing and dynamic market, payments have been one of the major drivers of growth and innovation.

National 300
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NEW STUDY: Why Fast Food Isn’t Innovating Fast Enough

PYMNTS

In short, customers want innovation, but restaurants, largely, aren’t giving it to them. The Index’s inaugural edition explores why companies in the $230 billion QSR space struggle to innovate, and how they can change that reputation. According to PYMNTS research, most brands in the QSR space are losing the innovation race.

article thumbnail

4,000 Years In, Bringing Innovation To Mead (Yes, Mead)

PYMNTS

And rising to meet the nation’s rising need for mead are Jeff and Jen Herbert, who 10 years ago started on the path to being one of America’s premier mead makers — a journey that as of last year saw their business, Arizona-based Superstition Meadery , bring in $2.7 million in revenue.

article thumbnail

Open Banking Platfom Tink Acquires Eurobits

PYMNTS

Tink was formed in 2012. Other listed companies that will now be connected with Tink include the National Bank of Greece, France’s La Banque Postale and Telefonica. Tink is undoubtedly one of the most innovative companies within open banking,” said Eurobits CEO Arturo Gonzalez Mac Dowell. million euros ($17.2

America 241
article thumbnail

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).

article thumbnail

Upstart CEO Girouard: ‘FICO is extremely limited and backward-looking’

Bank Innovation

In 2012, he founded Upstart, a company […]. Dave Girouard, CEO and founder of Upstart, testified before Congress’ Task Force on Financial Technology for its hearing on the use of alternative data in loan underwriting and credit scoring.

Google 210