Innovation

Innovation
Connected Car Weekly: ‘Eye-Opening’ Telematic Insights and Garage Door Control From Anywhere
October 15, 2021

Like other tech enthusiasts, drivers are also now looking forward to receiving the latest feature or software update for their other connected device — their vehicle.   This week, connected vehicles were given the chance to adopt new capabilities via the launch applications that help...

Innovation
From Safety Monitoring to Driver Coaching, Fleet Telematics Offer ‘Eye-Opening’ Insights
October 13, 2021

A growing number of tools are available to help fleet managers monitor their drivers’ safety practices. These telematics-based systems enable managers to see in real time how vehicles are being operated and then use data-based reporting to keep track of trends over time. Telematics uses data from Global Positioning...

Innovation
Connected Car Weekly: Automakers Ramp up Subscriptions, Payments and Repair Appointments 
October 08, 2021

It was a big week for in-car connected services subscriptions, with General Motors going all-in by forming a digital business team and announcing that growing subscription revenues will be a big part of the company’s plan to double its revenues.  Elsewhere, BMW and Bosch unveiled...

Innovation
This Week In Payments: Fresh Revenue Streams, BNPL Fraud Watch and Solutions for Real Problems
October 08, 2021

One emerging retail and revenue model trend that appeared in a number of stories PYMNTS covered this week involved big companies turning to non-core businesses to scrounge up fresh revenue, such as General Motors’ decision to boost its subscription business. It’s a move that not...

Innovation
Legacy Mobile Players Pursue New Digital Chassis and Cockpit Collaborations 
October 06, 2021

Two familiar names from the mobile tech space — BlackBerry and Qualcomm — have announced further collaborations in the automotive industry.  BlackBerry and automotive electronics giant Visteon announced Tuesday (Oct. 5) that they have expanded their collaborative work to accelerate the deployment of digital cockpit solutions for automakers...

Innovation
GM Moves to Make Connected Vehicles Perform Like Smartphones 
September 30, 2021

Beginning in 2023, select next-generation vehicles from General Motors will be able to receive over-the-air upgrades, personalization options and app selections that look and act like a smartphone.  The digital upgrade will be enabled by the automaker’s new end-to-end software platform that it announced on Wednesday (Sept. 29). The company...

Innovation
Czech Grocer Rohlik Bets $469M on Automation
September 23, 2021

The Czech online-only grocery delivery platform Rohlik Group plans to invest $469.3 million (or 400 million euros) in warehouse automation by the close of 2025 to improve capacity and efficiency. According to Reuters, the company will invest 45 million euros initially, with future investments spaced...

Innovation
Automated Merchant Underwriting Makes ISOs, PayFacs ‘Smarter and Better’
September 16, 2021

Say the word “automation,” and the mind’s eye may paint a picture of the machines taking over, displacing humans from the workforce and bringing a mindless quality to a task. But as David O’Brien, CEO of Agreement Express, told PYMNTS in a recent interview, merchant onboarding...

Innovation
India Buckles Down On Digital With IIM Ahmedabad, Bank Of America Collab
August 26, 2021

India is dialing up digital development with the launch of the Centre for Digital Transformation (CDT), a joint collaboration between the Indian Institute of Management Ahmedabad (IIMA) and Bank of America. The CDT will serve as an epicenter and information hub that can be used...