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
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. The South Korean global electronics company headquartered in Seoul has partnered with online food delivery platform operator Woowa Brothers and the Korea...

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...

Innovation
Ex-Apple Designer Plans Launch Of New Home Audio System
May 26, 2020

Former Apple design engineer Christopher Stringer — who has over 1,400 patents to his name — is developing a smart speaker that will compete with Apple’s HomePod, according to a report in the Financial Times (FT), citing sources familiar with the matter. An Australian native...

Innovation
SMBs Pivot And Change Business Models To Survive COVID-19
May 12, 2020

As the world grapples with the coronavirus pandemic, a situation no one has ever experienced before, everyone from kindergarten teachers to corporate executives has had to come up with creative approaches to get their jobs done and service the public. But no sector has been...

Innovation
Trust Over IP Foundation Aims To Increase Online Trust In Data
May 05, 2020

With the launch of the new Trust over IP (ToIP) Foundation, the Linux Foundation wants to establish a common trust online for everyone to know that the information they’re dealing with is valid and sourced. The ToIP Foundation will be working with a number of...

Innovation
Movie Theaters Are Closed, But Consumers Don’t Seem To Miss Them
April 29, 2020

In the week of April 20, something truly unusual happened in the history of the American film industry: The total weekend box office take came in at $33,456. That is not a typo. It’s a record-creakingly low figure, but that is actually not the most remarkable part...

Innovation
Technology Is Helping FIs Build Resilience And Battle Black Swans
April 29, 2020

The trouble with black swan events is that no two of them look alike, so preparing for them is a dicey business. The unforeseen, global seismic events that touch every aspect of daily life tend to leave things forever changed. That’s especially true for financial...

How FIs And FinTechs Are Expanding The Credit Card Paradigm
April 27, 2020

As consumers shop amid ongoing public health restrictions, they almost invariably reach for their credit cards — whether the physical varieties in their wallets or the digital versions stored on their browsers and mobile devices. Cash and brick-and-mortar transactions were already on the decline, but...

Innovation
Auto Insurance Premiums’ Big Digital-First Shift
April 23, 2020

The coronavirus has forced a reckoning with daily financial life, with belt-tightening and budgeting. And as tens of millions of Americans stay at home, work from home, shop from home (and have things delivered), and as the kids are learning at home – cars and...