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
Qualcomm Expects 5G Adoption To Outpace 4G
November 21, 2019

As retailers and payment service providers look for what might be their best 5G edges, clarity is emerging about the pace of the global rollout of that new and faster mobile network technology. Get the Full Story Complete the form to unlock this article and...

Innovation
Balloon Company Loon To Provide Web Access In Amazon Rainforest
November 21, 2019

Loon, an Alphabet-owned high-altitude balloon internet access provider, has teamed up with Internet para Todos (IpT), a mobile infrastructure firm that’s part owned by Telefonica and whose name translates to internet for everyone, to provide internet access to hard to reach places in Latin America,...

Innovation
Can AI Pass The Nike Test?
November 20, 2019

There is often a significant gap between efficiency and creativity, and that’s playing out now in the world of artificial intelligence (AI), and could have impacts on payments and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Innovation
Digital Disruption Meets Automotive Repairs
November 18, 2019

It’s a cliché (but a true one) to say that the automotive world, and the culture attached to it, is undergoing a massive, historic change — thanks to digital and mobile technology, and a shift in consumer preferences. Cars and trucks are becoming rolling centers...

Innovation
Alphabet: Toronto’s Smart City To Track Store Foot Traffic
November 15, 2019

Toronto is giving Google’s parent company, Alphabet, the green light to create a smart city with its subsidiary Sidewalk Labs, Reuters reported Friday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Innovation
Volvo Showcases Self-Driving Bus
November 14, 2019

Volvo has partnered with public transport company Keolis on a self-driving bus. 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 newsletter, PYMNTS Today. By...

Innovation
Retail’s Next Act: The Connected Window Shopper
November 12, 2019

Consumers are individuals and want to be treated that way, but the brick-and-mortar experience was not always personalized. There was a time when consumers would visit retailers that offered one-size-fits-all options. Even with advances in technology, physical stores still lag behind in offering personalization, gamification...

Innovation
Building A Visual Test-Drive Experience For Retailers
November 11, 2019

Seeing is believing. Excuse the cliché, but it does hold a good wallop of truth in commerce, especially as such technologies as virtual reality (VR), augmented reality (AR) and 3D product visualization gain traction with merchants and consumers. Indeed, evidence of the appeal of those...

Innovation
Lyft Wants To Reward Consumers Who Sell Their Cars
November 07, 2019

Go big or go home — that seems to be at least part of the thinking behind the latest effort to promote more ridesharing and more use of subscription commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...