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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. 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. These striking designs paid for themselves in media exposure.

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The Facebook Files: Royal Bank of Canada, Facebook Differ On Why Bank Had Continuing Data Access

Bank Innovation

Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so. RBC said Facebook allowed it access in order to “wind down” a payments app it first unveiled in 2013. […].

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Standard Chartered, Amazon To Offer Installment Payments In UAE

PYMNTS

Payfort , an Amazon company set up in 2013 to help with payments throughout the Arab world, will be offering the new option through its online payment gateway, according to the report. Trust and convenience are key when it comes to payment methods, and we will continue innovating on behalf of our customers in this space.".

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Kering To Debut Its Own eCommerce Sites

PYMNTS

The move means that the company will end its JV that has been in place since 2013 with Yoox Net-A-Porter, which as the newswire stated helps third-party brands develop sites. By 2020, Kering will bring full control of its luxury brands online through its own internal activities, which include building tech teams, said Reuters.

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Checkout.com Buys Australian Startup Pin Payments

PYMNTS

Founded in 2013 by Grant Bissett and Dominic Pym, Pin Payments serves more than 12,000 businesses across Australia and New Zealand. In Pin Payments, we found an awesome team who shared a similar dedication to solving problems for businesses with innovative financial technology.”.

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Commerce Uses Visuals To Improve Customer Experiences

PYMNTS

the company that owns popular social media video platform Snapchat, to provide 5G content for users, including enhanced augmented reality (AR) experiences. The initiatives will take advantage of Verizon’s 5G Ultra Wideband tech to not only provide innovative AR products, but content and new ways for people to communicate. “We

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Virtual Roar Of The Crowd Enough For ‘Virtual’ Fandom Amid Pandemic?

PYMNTS

As reported by CNBC , the latest forays into “virtual” crowds extend a partnership that the NFL has had in place with Microsoft since 2013, where Microsoft Surface hardware is deployed to help run operations. This time around, Fan Mosaic, as enabled by Microsoft Team Meetings, broadcasts fans onto those LED screens.