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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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Making Coffee And Clothing More Accessible With Retail Innovation

PYMNTS

Food brands are making coffee more accessible by packing the energy-boosting ingredient into snack bars sold by one-time purchase and subscription. 2013: The year Salvador Nissi Vilcovsky and Ofer Saban co-founded MemoMi, their smart mirror product. All this, Today in Data. 2015: The year Eat Your Coffee launched as a business.

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Thanksgiving Innovation 101: The Turkey

PYMNTS

In 2013 the Atlantic anointed turkey a “ second-rate bird ,” while the writers at Slate mused in 2014 that “ literally any other meat tastes better.” There isn’t a lot of room to really innovate the Thanksgiving turkey. By January 2013, the second-generation Instant Pot became the bestseller in the pressure cooker category on Amazon.

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Why Innovation Is Nothing Without Distribution

PYMNTS

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution. But, I digress.

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Philippines Payments Platform Closes $120M Investment Deal

PYMNTS

Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement from Voyager. Voyager Innovations runs the payments platform PayMaya Philippines. Vea, founder and chief executive officer of Voyager Innovations.

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On National Burrito Day, Chipotle Serves Up Signs Of QSR Innovation

PYMNTS

As Chipotle continues its digital efforts, the chain’s stock is having its best year since 2013, with part of the increase credited to investors liking CEO Brian Niccol , who joined the chain about a year ago after turning Taco Bell into a lifestyle brand and introducing breakfast at the quick service restaurant. Mobile Ordering.

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Can Big Brands Survive On The Store-Within-A-Store?

PYMNTS

Retailers as dependent on a brick-and-mortar footprint as Macy’s don’t always have the luxury of fixes to pick from if their stocks experience the continuous slide that the former tentpole brand’s has. Penney CEO Mike Ullman said of his predecessor in 2013. There’s so much we’re testing in this building,” Newton said.

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