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
Mastercard On Accelerating Growth Between FinTechs And FIs To Foster Ecosystem Collaboration
March 04, 2020

The payments and financial services sectors are taking advantage of the multiplier effect, through which one plus one can equal four. More established financial players offer scale and reach along with decades of experience in touching millions, even billions, of end users’ financial lives. This...

Innovation
Kia Rolls Out Connected Car Subscriptions
March 03, 2020

Subscription management platform provider Zuora is working with Kia Motors America to offer connected car subscriptions. 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 daily...

Innovation
Clinc Teams With Visa To Bring Digital Banking Tech To FIs
March 02, 2020

To provide its digital banking experience to more financial institutions, Clinc is teaming with Visa in a partnership that brings artificial intelligence (AI) technology to payments and banking customers. The voice capabilities of Clinc encompass bill payments, rewards, fund transfers, card activation and more, according...

Innovation
SWIFT: The Road To ISO 20022 Adoption
February 26, 2020

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. Get the Full Story Complete the form to unlock...

Innovation
Signify US CEO (Formerly Philips Lighting): Lighting Up The Connected Economy’s Innovations
February 24, 2020

Founded as Philips Lighting 128 years ago and spun off as Signify in 2016, the company today considers the sun to be its primary competitor in the illumination market. And, as its U.S. CEO Roger Karner tells Karen Webster, its next big challenge is helping...

Innovation
Volocopter, Grab Partner On Air Taxi Study In Southeast Asia
February 18, 2020

German urban air mobility startup Volocopter is partnering with ridesharing and payments startup Grab to launch a joint feasibility study to bring air taxi services to Southeast Asia, Volocopter announced on Tuesday (Feb. 18) in a blog post.  Get the Full Story Complete the form...

Innovation
Apple Introduces Augmented Reality For Retailers
February 13, 2020

Apple is updating its augmented reality (AR) Quick Look feature to enable merchants to sell its products in-app for an instant AR experience, according to reports on Thursday (Feb. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Innovation
Safety Shows Up On The Connected Cars Agenda
February 13, 2020

Safety is becoming a profitable point of engagement for connected cars. With the National Automobile Dealers Association show coming up this weekend, companies are working on some of the nuances involved in driving and servicing autonomous or manually driven vehicles as they integrate more digital...

Innovation
Fingopay Successfully Uses Vein Biometrics For Bank-To-Bank Payment
February 13, 2020

Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow, a payments firm. The partnership has allowed the companies to create a bank-to-bank, face-to-face VeinID payment, according to Fingopay, enabling customers to make payments with just the swipe of...