Innovation

Innovation generally refers to changing processes or creating more effective processes, products and ideas. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services.

(source: business.gov.au)

Innovation
Why SMBs Need To Focus On Product Innovation And Adopt A Digital Business Model
July 14, 2020

The acceleration of [digital sales] growth can be explained almost entirely by an influx of first-time buyers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Innovation
Adapting To A Hybrid Future
July 08, 2020

“2020 will be the year when businesses invest in filling their information and skill gaps to take advantage of digital commerce.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Innovation
Red Hat: Migrating To The Cloud And The Risk Of Sticking With The Status Quo
July 03, 2020

The ability for companies to immediately respond to the need to support a work-from-home environment depended, in large part, upon where those firms were already in terms of their digitization journeys. For some, the shift was relatively easy, thanks to an existing embrace of cloud-based...

Innovation
How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond)
June 30, 2020

The pandemic may be here for a while. But bit by bit, economies are reopening and taking tentative steps toward normalcy. The “new normal,” however, for firms across any industry — but especially across the payments and commerce spheres — must include a “digital-first” mindset. Get...

Innovation
This Week In Payments: Saving Small Business
June 26, 2020

The first half of 2020 has been rough on small businesses of all kinds, whether they had to close their doors due to public-health orders or had to relocate their staff to working from home virtually overnight. It’s required lots of on-the-spot innovation as firms...

Innovation
Astralis Group Bets On eSports Digital 3.0 Transformation
June 17, 2020

The shift to Digital 3.0 will include sports — in fact it will have two business models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Innovation
The ‘Quarantini’ And Other Post-Pandemic Cocktail Innovations
June 13, 2020

The COVID-19 pandemic has shut down bars and nightclubs nationwide, leaving Americans without their favorite watering holes to socialize in. But creative consumers have found ways to recreate virtual bar life with “Zoom cocktail parties,” “quarantinis” and a new outlook on social drinking. Digital drinking might not...

Innovation
Korean Food Delivery Platform Debuts Robot Waiters
June 12, 2020

If restaurants, bars and cafes come roaring back after months of being shuttered worldwide, LG Electronics could be one of the big winners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Innovation
What The World Of Work Will Look Like A Year From Now
June 04, 2020

The phrase “going to work” has very much changed in meaning for millions of employees in recent months. As offices around the world remain shut down, commutes are measured as the distance between one’s bedroom and home office, and “dress for success” might involve putting...