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 Teams With Galileo For Instant Debit Card Issuing
November 21, 2019

Mastercard and Galileo have announced Thursday (Nov. 21) a collaboration to help FinTechs and other financial-affiliated businesses with fast issuing of debit cards and bank accounts for customers, without expensive startup fees or long-term contracts. The initiative is called Galileo Instant Issuing, and developers can...

Innovation
Verizon And Snap Team On 5G To Power AR Development
November 21, 2019

Verizon has announced that it’s partnering with Snap Inc., the company that owns popular social media video platform Snapchat, to provide 5G content for users, including enhanced augmented reality (AR) experiences.  The initiatives will take advantage of Verizon’s 5G Ultra Wideband tech to not only...

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. As Reuters reported this week (Nov. 19), Qualcomm, the largest suppler of...

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. The first stop on this small tour of ongoing AI developments involves Nike, the iconic...

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). Sidewalk was granted permission by Waterfront Toronto to develop 12 acres. Final project evaluation and public input is scheduled for...

Innovation
Volvo Showcases Self-Driving Bus
November 14, 2019

Volvo has partnered with public transport company Keolis on a self-driving bus. In a demonstration at a Keolis’ depot outside of Gothenburg, Sweden, the bus was shown traveling between parking bays and work stations so that it can be cleaned, serviced and charged before returning...

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...