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PayPal To Roll Out Innovation Labs In India

PYMNTS

PayPal, the digital payments company, is rolling out two new technology Innovation Labs based in India, where FinTech startups are currently flourishing. Citi ThankYou Rewards cardholders can select their ThankYou Points to pay for all or part of their purchase when checking out online.

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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. From Betty Crocker to Boxed.

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South Korea FinTech Gets Initial Approval For Online Bank

PYMNTS

With a digital bank license, we will be able to broaden our product offering … so that we can accelerate our mission to innovate the financial industry,” said SG Lee, CEO of Viva Republica. Viva Republic, which was founded in 2013, first launched Toss as a peer-to-peer (P2P) money transfer service, Deal Street Asia reported.

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PayPal India Sees Revenue Jump 12x

PYMNTS

Launched in India in 2017, PayPal has formed partnerships with local online merchants such as BookMyShow, MakeMyTrip, Yatra, Goibibo, FreshMenu and Box8. The online payments industry in India is expected to grow tenfold to $500 billion by 2020. With that in mind, Google also launched a localized payments app for India in 2017.

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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. Chipotle’s Digital Gains.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).

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Shifting The Used Car Market Into Overdrive

PYMNTS

It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 Shift has been in the used car business since December 2013, born out of a series of frustrating experiences the founders had with car buying. trillion market in the U.S.

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