From innovation theatre to real innovation

Chris Skinner

I was listening to a great discussion about innovation (again) amongst a group of innovative bankers. In particular, how the conversation about innovation has changed over the past decade. Digital Bank Grid Innovation

2018 Recap: The Year In Grocery Innovations

PYMNTS

Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters this year, as grocers rolled out digital innovations in shopping and payments.

Thanksgiving Innovation 101: The Turkey

PYMNTS

There isn’t a lot of room to really innovate the Thanksgiving turkey. So is this innovation worth investigation? Perhaps the best innovation to bring to the Thanksgiving turkey is also the oldest: find someone else to cook it.

Self-Checkout Gets An Innovation Makeover

PYMNTS

SCO was just the beginning — and now we’re really beginning to see the possibilities for using a wide range of in-store, self-service solutions to drive connected commerce across channels and silos, to facilitate the entire E2E shopping journey in new and innovative ways.

Direct Line: innovating InsurTech

Chris Skinner

Fleetlights is an army of drones that light up the night skies and are designed to help people in difficult … The post Direct Line: innovating InsurTech appeared first on Chris Skinner's blog. Fintech Grid Innovation

Retail Innovation Has Changed — Can SMBs Keep Up?

PYMNTS

percent of retailers have said they innovate to improve customer loyalty. That, in fact, is one of the main findings in the new Retail Innovation Readiness Index from PYMNTS, powered by FinTech firm AEVI. Innovation Divide. Payments Drives Innovation.

Turning Unplanned Spend Into Spend Management Innovation

PYMNTS

Payments Innovation B2B Payments digital payments faster payments Featured News News spend management supplier payments

Moving Past The Myths Of Payments Innovation

PYMNTS

Those are some of the common myths of innovation , and they apply to the payments world. There is no guarantee that any FI — no matter how much of a legacy and tradition it might have — will survive and thrive without a solid focus on innovation.

Five Ways QSRs Are Driving Digital Innovation

PYMNTS

But these restaurants are not innovating all that fast — even with all sorts of new technologies hitting the market. Not all digital innovations are perceived by consumers the same way, however.

How Clothing Stores Are Driving Retail Innovation

PYMNTS

According to the PYMNTS Retail Innovation Readiness Index , 85 percent believe they need to innovate to stay competitive. And among large retailers, 82 percent said innovation is necessary for continued success.

Retail 234

Blockchain for KYC: Game-changing RegTech Innovation

Insights on Business

IBM RegTech Innovations. One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. IBM driving innovation.

2018 Recap: The Year In ResTech Innovations

PYMNTS

It has been a year of innovations for quick-service restaurants (QSRs), with chains rolling out new digital technologies to help diners order and pay for food without having to wait in line.

Bank Innovation Launches Public Telegram Channel

Bank Innovation

Come join Bank Innovation’s Telegram Group. Bank Innovation‘s Telegram channel was created to foster discussion and collaboration among the fintech community on the latest trends, insights and events […]. Exclusive APIs Bank Innovation BlockChain fintech fintechs Telegram

Register for Bank Innovation Ignite 2019

Bank Innovation

Bank Innovation is pleased to announce its first conference for the coming year, Bank Innovation Ignite 2019. Bank Innovation Ignite is designed for fintech professionals and innovation executives at banks to learn about emerging technologies.

Why Simple (Innovation) Sells

PYMNTS

Rudolf Booker , CEO and founder of Payvision , joined PYMNTS for the latest segment in the Commander in Chief series to explain why sparking innovation in payments may mean looking outside the payments industry itself to bring about real and lasting change.

The High Price Of Payments — And Innovation — In Travel

PYMNTS

Innovation Challenges. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S. It’s because travel industry participants are keenly aware of the costs of innovation — and its often uncertain prospect of returns.

What Innovators Can Learn From Uber Cash

PYMNTS

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposer for innovator large or small, established or emerging.

Today In Data: Digital Retail Innovation

PYMNTS

They are innovating to meet consumer demand for new payment methods , and to improve customer convenience through technologies such as kiosks. 56 percent: The percentage of retailers that say they innovate to meet consumer demand for new payment methods.

Innovation Must Be Measurable to Be Valuable [VIDEO]

Bank Innovation

The word “innovation” get thrown around a lot in banking these days (ah-hem!), but Lara Druyan, managing director, head of innovation, west coast, for the Royal Bank of Canada warned that without metrics, it is easy for innovation efforts to get “squishy.”

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10 Most Innovative CEOs in Banking 2017

Bank Innovation

Exclusive Features Innovations Mobile Online Payments 10 Most Innovative CEOs artificial intelligence Citi Fintech clinc Mobile banking online banking Starling Bank UK fintech

Corporates Compile Their Payments Innovation Wish Lists

PYMNTS

However, these professionals have their own ideas about where corporate payments innovation should be headed. Analysis suggests that executives are pushing for faster internal payments and exploring how the innovation would affect their credit management strategies.

RBC Head of Innovation Lara Druyan Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE – Lara Druyan, managing director and head of innovation at Royal Bank of Canada, has joined the speaker faculty for Bank Innovation 2018. Bank Innovation 2018 will take place March 5-6 in San Francisco.

Meet Ryan Gilbert, One of the Geniuses of the Innovation Bar at Bank Innovation 2018

Bank Innovation

Bank Innovation 2018 will be. Exclusive Innovations Bank Innovation 2018 Propel Ventures Ryan GilbertShouldn’t banks be more like Apple stores? And shouldn’t fintech conferences be more like Apple stores?

Tapping Into The Digital Economy With Restaurant Innovations

PYMNTS

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. We continue to demonstrate our ability to invest and innovate in a flexible manner,” he said, adding that the additions help the company stay up-to-date in digital.

Fintechs, Beware of ‘Innovation Tourists’

Bank Innovation

Now that the industry is (mostly) clear on the fintech “friend or foe” issue, startups are busy pitching their products to the eager incumbents and their innovation teams. Startups, beware of “innovation tourists.” Exclusive Innovations Operations Startups Technology Wealth Management fintech startups GoldBean innovation Jane Barratt

Today In Data: Offering Innovations In Risk-Rich Environments

PYMNTS

Where there are underserved consumers looking to enter the digital ecosystem, there are innovators big (and, in some cases, very big ) and small looking to serve them. Lots to manage, lots of warning lights to watch – and a lot of consumers awaiting risk-proofed innovations.

10 Most Innovative CEOs in Banking 2018

Bank Innovation

As the innovations of these startups seems set to continue, 2017 seemed to mark the year that banks set themselves with.Read More.

32 Corporate Innovation Labs In Retail

CB Insights

One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. We’ve assembled a list of innovation labs from some of the most recognizable names in retail looking to disrupt their industries.

Advancing Innovation in the Global Financial Services Industry

Insights on Business

IBM RegTech Innovations. Innovations like pervasive encryption and secure service containers extend IBM Z leadership in cybersecurity, which is why it runs IBM’s blockchain network.

2018 Recap: B2B Payments Innovation Welcomes Bank-FinTech Collabs — And Beyond

PYMNTS

This strategic acquisition allows Visa to offer a more comprehensive business solution to our corporate clients that is innovative, global, highly configurable and intuitive for their employees.”.

Retailers Eye Industry-Shaking Innovation With Accelerators

PYMNTS

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year.

Bisnode and the 4 Wonders of Innovation

Bank Innovation

Innovation” is a term that is frequently used to describe fintech businesses, whether it’s an innovative culture, an innovative product, or how they’re creating innovation within the industry.

Shipwell On Driving Logistics Innovation Through Connectivity

PYMNTS

Jason Traff, president and co-founder of freight trucking company Shipwell , says these characteristics have created a highly fragmented market that, while large and lucrative, has seen little innovation.

Where In the World Is Fintech Innovation?

Bank Innovation

It turns out nations beyond America today are increasingly generating more significant financial technology innovation, especially in artificial intelligence. DataBank Exclusive Online Open Fintech Startups Canadian fintech Chinese fintechs innovation startups Zhong AnLocation matters.

10 Most Innovative CEOs in Banking 2016

Bank Innovation

Innovations Mobile Online Operations Technology 10 Most Innovative CEOs2016 has been a year of many things. No, really, just look at this list of most trending Twitter topics of the year (spoiler: elections, Brexit and PokemonGo all made the list).

NEW REPORT: The Payments Innovation Guide To Going Global

PYMNTS

Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and commerce.

Today In Data: Voice Payments Innovation

PYMNTS

New technologies bring new ways for consumers to buy and pay for goods and services, such as using voice-activated devices to order groceries, takeout, digital goods and clothing.

Remitly CEO Matt Oppenheimer to Join Bank Innovation Ignite

Bank Innovation

Matt Oppenheimer, CEO and co-founder of digital remittance company Remitly, will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking.

More Banking CFOs Take Lead Role in Innovation, Accenture Says

Bank Innovation

Artificial Intelligence Daily Post 1 Exclusive Innovations Operations Premium Accenture Aspen Institute banking innovation C-Suite CFOs

TRENDING NOW: How IT Infrastructure Stunts FI Innovation

PYMNTS

When IT Becomes a Drag on Innovation. FIs want to innovate – 97 percent of banks and credit unions surveyed told PYMNTS they have focused on innovation over the past three years. What’s more, FIs with flexible IT infrastructures are twice as likely to be successful at innovating.

How The Gig Economy Is Igniting Spend Management Innovation

PYMNTS

That has been a really big innovation: that none of these firms are looking for workers to spend their own funds in support of those gigs,” Grant explained, noting that the one possible exception to that might be locations where cash-only purchases need to be made.

Look East for innovation

Chris Skinner

After all, it’s easy to call out banks for doing banking as usual but, if I … The post Look East for innovation appeared first on Chris Skinner's blog. Digital Bank Fintech Future Grid Innovation Opinion

Emerging Innovation in Banking

Celent Banking

Over the past few weeks we have been previewing various content themes we will be discussing at our Insight and Innovation Day in Boston on April 4th. I would like to finish this series of posts by looking at the new Model Bank category we introduced this year – Emerging Innovation. When we added this category, we weren’t quite sure what to expect, but we certainly hoped to see the banks’ efforts at the “bleeding edge” of innovation.