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September 9, 2019

On the wires

Shopify to Acquire 6 River Systems

“With the acquisition of 6 River Systems, Shopify will add a team with decades of experience in fulfillment software and robotics, including experienced leaders from Kiva Systems (now Amazon Robotics). Adding 6 River Systems’ cloud-based software and collaborative mobile robots called “Chuck” to the Shopify Fulfillment Network will increase the speed and reliability of warehouse operations, by empowering on-site associates with daily tasks, including inventory replenishment, picking, sorting and packing.”

December 17, 2018

On the web

In emerging markets there are no copycats, just budding entrepreneurs

TechCrunch

“Despite my conviction about the model, the copycat word  —  short for replicating startups and attached to these ventures  —  annoyed me from the start. More than a term to describe a straightforward recipe to launch, I see it as an unconscious way to belittle an entire group of hard-charging founders and investors.”

November 20, 2018

On the web

Innovation in Retail Banking – A decade in review

Payments Cards and Mobile

“Over the years, there has been a growing realisation in banking towards innovation as the proven path to differentiation and competitiveness. While the transformation has been slow, over the last decade the industry witnessed an increasing willingness to discard the traditional short-term focus, functional siloes and risk-averse culture towards more meaningful advancements and open culture.”

November 6, 2018

On the web

The Innovation Dilemma in Financial Services

Perficient

“It will be increasingly challenging for banks to thrive just by optimizing the as-is when the entire industry is facing a growing level of uncertainty. Nonetheless, it is important for banks to manage innovation from a portfolio perspective, determine the potential impact of different types of innovation, and to balance risk among incremental, evolutionary and revolutionary ideas.”

November 2, 2018

On the web

October 26, 2018

On the web

August 20, 2018

On the web

May 18, 2018

On the wires

Mastercard and U.S. Bank Voyager Put Fleet Managers in the Driver’s Seat

“Today, company car drivers have to manually enter in their driver ID and odometer reading every time they use a fleet card to pay at the pump. This can lead to mistakes and potential overspending on fuel. Mastercard today unveiled a new service to automatically integrate fuel and maintenance data from a connected car’s dashboard into the payment process. The service will streamline the process, providing fleet managers greater transparency and control.”

May 1, 2018

On the web

Banks are treating customers like product developers

Tearsheet

“Last week, U.K. challenger bank Monzo rolled out “Monzo Labs” — a feature within the app that lets users test new features as they’re being developed. It’s part of a trend to release product iterations to an ever-larger number of users — a necessary move to keep pace with changing expectations as the businesses scale quickly. Any Monzo user can test products and offer feedback.”

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