PYMNTS
APRIL 12, 2019
As flowers are blooming in real gardens for spring, innovative ideas are blooming metaphorical gardens in payments and commerce. Data: $365 billion: Estimated size of the global online food delivery market by 2030. $36 36 billion: Size of Bank of America’s SMB lending portfolio. billion: Amount of online alcohol sales in 2017.
Gonzobanker
AUGUST 24, 2023
Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. Every management fad has a life cycle, and the innovation fad is on its last legs. For the past five years or so, banks have obsessed over “innovating.” Banks need to stop playing innovation charades.
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Gonzobanker
NOVEMBER 2, 2023
Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Once they run buzzwords and innovations through management’s “B.S. The very best bankers are consistently gritty and creative with how they adapt and apply innovation to their businesses.
Bobsguide
OCTOBER 4, 2022
These compelling figures speak to a marked industry shift towards ‘open’ and reflect our journey, creating ways to innovate at scale and pace, and accelerate innovation through collaboration,” said Simon Paris, CEO at Finastra. “In This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration.
PYMNTS
APRIL 19, 2019
Grab, as most know, is a financial services ecosystem that serves the 630 million citizens in Southeast Asia — and has expanded from ridesharing and food delivery to lending and insurance for these micropreneurs. Such dreams — dreams common to all of humanity — can fuel innovation.
PYMNTS
APRIL 16, 2019
You wouldn’t need to go back more than two generations to spot the difference: A bank generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, EVP of business development and strategy at Acuant , during a recent PYMNTS interview.
Gonzobanker
DECEMBER 20, 2019
It is an innovator with tech (e.g., Netflix co-founder Marc Randolph said the leading trait of an innovator is identifying pain. who went toe-to-toe and idea-for-idea with BofA and other bigs on an innovation panel at Finovate Fall. The bank’s strategy is laser-focused. It was the original data junkie. It’s game on.
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