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Retailers Find New Innovation Fuel Against Amazon

PYMNTS

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. The battle for Amazon retail supremacy also involves pets.

Retail 125
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Credit Karma’s Revenue is Skyrocketing Thanks to Its Free Products

Bank Innovation

Free credit reporting company Credit Karma reported more than $500 million in revenue in 2016 — a 50% increase compared to the prior year — hitting 70 million members since the launch of its flagship product — credit monitoring — in 2012, the company announced this week. What’s the secret to its success?

Report 285
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It’s Not Easy Being Green: Cannabis Payments

PYMNTS

And then, in 2012, the situation got even more complicated. That was one of the voices from the Innovation Project’s panel on “The State of Cannabis and Commerce in the U.S.,” They also pay their staff, pay their suppliers, pay their utility bills and pay their taxes. Higher Risk Than Necessary.

Payments 123
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What Apple Didn’t Tell You Last Week

PYMNTS

Stockholm is one of my favorite cities in the world and has become a real FinTech innovation hub. Sweden’s highest marginal tax rate is 57 percent, which most people actually pay since that rate applies to all income over 1.5 There’s a capital gains tax of 30 percent, too, and a sales tax of 25 percent.

Apple 100
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Trizic Raises $3 Million in Seed Funding from Operative Capital

Fintech Labs Insights

Less than a week away from its Finovate debut in San Jose , wealth advisory technology innovator, Trizic has closed a $3 million seed funding round with Operative Capital. Operative Capital initially invested $1 million in Trizic, and this week increased its investment by another $2 million. Brad Matthews is founder and CEO.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Date: March 21, 2012. Date: 2012. Microsoft and Nokia.

Google 76
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Bitcoin Blushing With Secret Admirers

PYMNTS

In 2012, according to Forbes , while vacationing in Ibiza, the fraternal entrepreneurs were introduced to bitcoin and fancied its chances as an alternative to fiat currencies. But the town is also demonstrating its versatility as the end of banking secrecy, and new tax reforms are threatening its economy.

Bitcoin 100