INDUSTRY INSIGHTS YOUR PEERS ARE READING
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 MORE
The post 12 reasons why banks don’t innovate appeared first on Chris Skinner's blog. Digital Bank Fintech Grid Innovation Opinion TechnologyI just got back from the ICEEfest in Bucharest, Romania. MORE
That provides a rough idea of some of the motivation behind Mastercard ’s latest effort in payments and commerce innovation — an effort described in depth in a new PYMNTS interview between Karen Webster and Amnah Ajmal, Mastercard’s executive vice president of core products. MORE
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 MORE
It often seems that technology makes retail innovation. It can be easy to forget that people are behind those innovations. Retail Apple chief design officer Editors' Picks Innovation Jony Ive News personnel Tim Cook What's Hot MORE
I love this thesis, as it really shows why it’s incredibly hard to innovate internally. The internal innovator is like some strange virus infecting the organisation. It is the reason why innovators have their dilemma. Grid Innovation MORE
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 MORE
In today’s digital economy, with shopping as easy as the tap of a finger on a smartphone screen, brick-and-mortar retail businesses have no choice but to innovate to keep and grow their clientele. percent of these businesses view innovation as critical to their survival. MORE
When it comes to implementing innovation, trying and succeeding are two different things. percent of them said they want to innovate to gain a competitive edge, while 75 percent seek to boost their sales revenue. percent intend to use innovation as a way to improve customer loyalty. MORE
The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. MORE
Application modernization enables you to optimize data , accelerate business innovation, and deliver exceptional customer experiences. Part two of this series explores how application modernization empowers new ideas, workflows, and processes, which ultimately accelerate business innovation. MORE
Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. Retail artificial intelligence Innovation News walmart MORE
I get lots of input from many sources, and one of the ones I like is the innovation survey of banking produced annually by EFMA with Accenture. Digital Bank Fintech Future Grid Innovation Technology Uncategorized MORE
When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. MORE
Large providers, drug manufacturers and insurance firms have big innovations that are moving them away from checks. The Foundation For Innovation. MORE
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? MORE
Exclusive Features Innovations Mobile Online Payments 10 Most Innovative CEOs artificial intelligence Citi Fintech clinc Mobile banking online banking Starling Bank UK fintech MORE
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. MORE
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 MORE
This might attract customers, but retaining them requires constant innovation. AI’s applications and how customers will want to interact with clothing brands in the future remains unclear, but the importance of innovative customer service experiences will continue to increase. MORE
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. MORE
Innovation takes many flavors and paths, and that’s especially true when it comes to merchants who sell retail products and companies that sell retail services. In an new PYMNTS interview, Karen Webster and Nicky Koopman, senior vice president of Content and Value Added Services at AEVI dig deep into findings from the PYMNTS and AEVI Retail Innovation Readiness Index. Innovation Role. But that doesn’t mean innovation is impossible for those service providers, of course. MORE
To get a sense of the most significant seismic shifts that have pushed payments innovation inexorably ahead through the past 10 years, as well as what lies over the horizon, PYMNTS queried 29 C-level executives with a collective thumb on the pulse of innovation. MORE
Innovations in the payments space are driving significant changes in the global travel industry. MORE
Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. Innovation canada FinTech News NorthOne Toronto MORE
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.” MORE
It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. Bank Innovation Build 2019 Capital Commerce Corporate Exclusive Experience & Design? There is a revolution going on inside banking. And that’s not just a cheap cliche. MORE
Innovation has been the name of the game for financial institutions (FIs) large and small in recent years. However, the parameters of innovation are shifting from a few years ago, when FIs were more inclined to roll out new products and chase shifting market trends. MORE
Dominic Venturo, executive vice president and chief innovation officer at U.S. The focus of the innovation group at U.S. Bank Innovation Build 2019 Daily Post 1 Exclusive IoT & Wearables Operations & Best Practices Bank Innovation Build identity verification IOT US Bank MORE
Why is innovation for this crucial department often an afterthought, pushed aside in favor of more public-facing priorities, when automated solutions are available that can efficiently onboard customers, reduce errors and eliminate paper-based invoicing systems? Yet these firms were considerably more likely to embrace innovation. percent of firms that reported having less efficient AP operations — and are therefore more likely to need innovation — expressed interest. MORE
The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. MORE
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. MORE
Financial companies have always been innovators. But in this age of digital transformation, innovation in financial services is more important than ever to stay competitive. ” What impedes innovation in a large corporation. MORE
I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive. Disruptive innovation creates new markets separate to the mainstream; markets that are unknowable at the time of the technologies conception. MORE
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. MORE
The rise in consumer payment technologies raises questions about when will the business-to-business payments model see a similar level of transformation MORE
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. MORE
But while most retail innovators are wondering how much they can sell this week, Seattle-based recycling startup Ridwell is taking a very different tack to celebrating Prime Day. Retail Editors' Picks Innovation News Prime Day Recycling RidWell Shop Talk MORE
The government is among those whose expertise and data can add fuel to digital ID innovation efforts — and such involvement will likely to have increase over time, according to a new PYMNTS interview. MORE
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 MORE
So, how are CUs to approach their website and mobile innovations with different generations that hold different expectations? About the Credit Union Innovation Playbook. MORE
Those challenges have made SMBs notoriously technology-adverse, though it may be an unfair characterization, particularly considering the influx of small business FinTech innovation in recent years. “And a lot of the innovation is coming at the early stage.” MORE
In financial services today, security and innovation can work with each other, and against each other. FinServ cybersecurity is, of course, a prime target for innovation. Mastercard president of global enterprise risk and security, Ajay Bhalla, recently explored the relationship between financial services innovation and security, telling PYMNTS how these two dynamics can complement each other while guiding the FinServ space in its journey to a better service offering. MORE
These days, no matter how creative, innovative and disruptive an idea a financial services player may have, the reality is they don’t have a lot of time to sit around developing it. It was a solution designed, according to DeRosa, for companies with innovative roadmaps that need fast, flexible support. Staying Ahead of an Innovator Client Base . Platform Payments B2B B2B Payments Brex Digital Banking Featured News financial services i2C Innovation News partnerships MORE
Innovation Related Topics Chris Skinner
DECEMBER 17, 2018
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
Chris Skinner
NOVEMBER 11, 2018
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
PYMNTS
JUNE 26, 2019
To get a sense of the most significant seismic shifts that have pushed payments innovation inexorably ahead through the past 10 years, as well as what lies over the horizon, PYMNTS queried 29 C-level executives with a collective thumb on the pulse of innovation.
PYMNTS
JULY 1, 2019
When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs.
PYMNTS
JULY 16, 2019
But while most retail innovators are wondering how much they can sell this week, Seattle-based recycling startup Ridwell is taking a very different tack to celebrating Prime Day. Retail Editors' Picks Innovation News Prime Day Recycling RidWell Shop Talk
Bank Innovation
MAY 15, 2019
It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. Bank Innovation Build 2019 Capital Commerce Corporate Exclusive Experience & Design? There is a revolution going on inside banking. And that’s not just a cheap cliche.
PYMNTS
JULY 8, 2019
These days, no matter how creative, innovative and disruptive an idea a financial services player may have, the reality is they don’t have a lot of time to sit around developing it. It was a solution designed, according to DeRosa, for companies with innovative roadmaps that need fast, flexible support. Staying Ahead of an Innovator Client Base . Platform Payments B2B B2B Payments Brex Digital Banking Featured News financial services i2C Innovation News partnerships
Chris Skinner
JUNE 20, 2017
The post 12 reasons why banks don’t innovate appeared first on Chris Skinner's blog. Digital Bank Fintech Grid Innovation Opinion TechnologyI just got back from the ICEEfest in Bucharest, Romania.
Chris Skinner
DECEMBER 15, 2017
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
PYMNTS
MAY 13, 2019
Innovation has been the name of the game for financial institutions (FIs) large and small in recent years. However, the parameters of innovation are shifting from a few years ago, when FIs were more inclined to roll out new products and chase shifting market trends.
PYMNTS
MAY 6, 2019
Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. Innovation canada FinTech News NorthOne Toronto
PYMNTS
MAY 16, 2019
That provides a rough idea of some of the motivation behind Mastercard ’s latest effort in payments and commerce innovation — an effort described in depth in a new PYMNTS interview between Karen Webster and Amnah Ajmal, Mastercard’s executive vice president of core products.
Mobile Payments Today
JULY 9, 2019
Innovations in the payments space are driving significant changes in the global travel industry.
Insights on Business
JULY 26, 2018
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.
Bank Innovation
APRIL 9, 2018
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
Chris Skinner
APRIL 6, 2017
I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive. Disruptive innovation creates new markets separate to the mainstream; markets that are unknowable at the time of the technologies conception.
Chris Skinner
APRIL 28, 2017
I love this thesis, as it really shows why it’s incredibly hard to innovate internally. The internal innovator is like some strange virus infecting the organisation. It is the reason why innovators have their dilemma. Grid Innovation
Bank Innovation
JULY 23, 2018
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.
Bank Innovation
SEPTEMBER 27, 2017
Exclusive Features Innovations Mobile Online Payments 10 Most Innovative CEOs artificial intelligence Citi Fintech clinc Mobile banking online banking Starling Bank UK fintech
PYMNTS
FEBRUARY 20, 2019
Those challenges have made SMBs notoriously technology-adverse, though it may be an unfair characterization, particularly considering the influx of small business FinTech innovation in recent years. “And a lot of the innovation is coming at the early stage.”
PYMNTS
JUNE 12, 2019
The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation.
PYMNTS
MARCH 21, 2019
Large providers, drug manufacturers and insurance firms have big innovations that are moving them away from checks. The Foundation For Innovation.
Bank Innovation
MARCH 16, 2018
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.”
Chris Skinner
OCTOBER 4, 2017
I get lots of input from many sources, and one of the ones I like is the innovation survey of banking produced annually by EFMA with Accenture. Digital Bank Fintech Future Grid Innovation Technology Uncategorized
Bank Innovation
FEBRUARY 16, 2018
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.
Bank Innovation
JUNE 22, 2017
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
PYMNTS
JUNE 24, 2019
Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. Retail artificial intelligence Innovation News walmart
Mobile Payments Today
FEBRUARY 19, 2019
The rise in consumer payment technologies raises questions about when will the business-to-business payments model see a similar level of transformation
PYMNTS
APRIL 24, 2019
So, how are CUs to approach their website and mobile innovations with different generations that hold different expectations? About the Credit Union Innovation Playbook.
Bank Innovation
JUNE 21, 2019
Dominic Venturo, executive vice president and chief innovation officer at U.S. The focus of the innovation group at U.S. Bank Innovation Build 2019 Daily Post 1 Exclusive IoT & Wearables Operations & Best Practices Bank Innovation Build identity verification IOT US Bank
Bank Innovation
JANUARY 26, 2018
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?
PYMNTS
JULY 1, 2019
The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation.
PYMNTS
JUNE 28, 2019
It often seems that technology makes retail innovation. It can be easy to forget that people are behind those innovations. Retail Apple chief design officer Editors' Picks Innovation Jony Ive News personnel Tim Cook What's Hot
PYMNTS
NOVEMBER 22, 2018
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.
Insights on Business
APRIL 17, 2019
Financial companies have always been innovators. But in this age of digital transformation, innovation in financial services is more important than ever to stay competitive. ” What impedes innovation in a large corporation.
PYMNTS
JULY 5, 2019
The government is among those whose expertise and data can add fuel to digital ID innovation efforts — and such involvement will likely to have increase over time, according to a new PYMNTS interview.
PYMNTS
JULY 11, 2019
Innovation takes many flavors and paths, and that’s especially true when it comes to merchants who sell retail products and companies that sell retail services. In an new PYMNTS interview, Karen Webster and Nicky Koopman, senior vice president of Content and Value Added Services at AEVI dig deep into findings from the PYMNTS and AEVI Retail Innovation Readiness Index. Innovation Role. But that doesn’t mean innovation is impossible for those service providers, of course.
PYMNTS
MARCH 26, 2019
When it comes to implementing innovation, trying and succeeding are two different things. percent of them said they want to innovate to gain a competitive edge, while 75 percent seek to boost their sales revenue. percent intend to use innovation as a way to improve customer loyalty.
Bank Innovation
JUNE 3, 2019
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.
PYMNTS
MARCH 23, 2018
In financial services today, security and innovation can work with each other, and against each other. FinServ cybersecurity is, of course, a prime target for innovation. Mastercard president of global enterprise risk and security, Ajay Bhalla, recently explored the relationship between financial services innovation and security, telling PYMNTS how these two dynamics can complement each other while guiding the FinServ space in its journey to a better service offering.
PYMNTS
MAY 1, 2019
Why is innovation for this crucial department often an afterthought, pushed aside in favor of more public-facing priorities, when automated solutions are available that can efficiently onboard customers, reduce errors and eliminate paper-based invoicing systems? Yet these firms were considerably more likely to embrace innovation. percent of firms that reported having less efficient AP operations — and are therefore more likely to need innovation — expressed interest.
Perficient Financial Servies
JULY 1, 2019
Application modernization enables you to optimize data , accelerate business innovation, and deliver exceptional customer experiences. Part two of this series explores how application modernization empowers new ideas, workflows, and processes, which ultimately accelerate business innovation.
PYMNTS
MAY 24, 2019
This might attract customers, but retaining them requires constant innovation. AI’s applications and how customers will want to interact with clothing brands in the future remains unclear, but the importance of innovative customer service experiences will continue to increase.
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