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BI Ignite 2019: HSBC Bank USA’s Innovation Head Prefers Fintech Partners to Building In-house

Bank Innovation

When it comes to innovation, banks in 2019 should look to partner first, buy second and lastly build, Jeremy Balkin, head of innovation at HSBC Bank USA said at BI Ignite 2019 in Seattle earlier this week. It makes more sense for banks to make a strategic investment in fintech companies than to try and build […].

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U.S. Bank’s Dominic Venturo to speak at Bank Innovation Build 2019

Bank Innovation

Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown.

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Digital Technologies Drive Innovation In Retail, Banking

PYMNTS

80K: Number of global regulatory updates in 2019 with which banks must comply to avoid fines. 22%: Rise in identity thefts targeting seniors between 2018 and 2019. 10.6B: Reported Q1 revenues for Nike, down only 1 percent vs. 2019. Data: 200%: Increase in women’s apparel digital sales for Nike in Q1. 6.7B: Amount U.K.

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Five Lessons In Retail Reinvention From 2019

PYMNTS

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

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Bank of America gained 418 technology patents in 2019

Bank Innovation

In 2019, company obtained 418 patents, a 31% increase over the prior year. Bank of America obtained more patents last year than any other year in the history of the company. According to the bank, patents protect the bank’s tech investments.

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GPS Order Tracking Helps Fuel New Retail Innovation

PYMNTS

The world of quick service restaurants (QSRs) is where it’s at when it comes to so much retail innovation these days. The QSR chain launched the program after testing it for much of 2019, according to an announcement. That’s hardly it when it comes to recent innovation in this space. Loyalty Innovation.

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QSRs Provide Fresh Look At Retail Innovation Trends

PYMNTS

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. Brands, the owner of Taco Bell, KFC and Pizza Hut, reported an overall year-to-year revenue gain in the second quarter of 2019 of about 10 percent, to $1.31