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
Smart Home Wars Heat Up — Will Apple Catch Up?
October 03, 2019

The long-term battle for payments and commerce supremacy is hitting close to home — literally. And that battle is increasingly involving the heaviest of heavyweights in the digital economy, all of them striving to plant their flags in the emerging Internet of Things (IoT) ecosystem, and...

Innovation
Uber Offers Helicopter Rides For JFK Passengers
October 03, 2019

Ride-hailing app Uber said users will soon be able to fly to and from Lower Manhattan in New York and John F. Kennedy International Airport in a helicopter. Reuters is reporting that the option became available to everyone on Thursday (Oct. 3). It was previously...

Innovation
Microsoft Unveils Dual-Screen Smartphone, Tablet
October 02, 2019

Microsoft held its annual hardware event on Wednesday (Oct 2), and it introduced a slew of new products, including a dual screen phone and tablet, according to a report by CNBC. The phone is called the Duo smartphone and the tablet is called the Surface...

Innovation
Truckers Put The Hammer Down Into A Digital Marketplace Future
October 02, 2019

Trucking is a difficult and vital job. It’s not only the long, often-lonely hours, but the anxiety — as well as the lost time and money — that comes from inefficient dispatching and last-minute (perhaps unwanted) loads, among other points. Stress can run high for...

Innovation
Self-Storage Goes Digital, And Gets Neighborly
September 30, 2019

People in the U.S have way too much stuff — that’s a criticism heard not only from out-of-country sources, but from voices within the borders of the 50 states. We here at PYMNTS will leave it to others to hash out the truths of that view,...

Innovation
VW’s Skoda To Add Virtual Assistants To Vehicles
September 27, 2019

European car manufacturer Skoda will be adding a virtual assistant to its vehicles, which will be accessible through vocal commands, according to a report by CNBC. The Czech carmaker said the assistant will be activated by saying, “Okay, Laura.” The proposed system will support a...

Innovation
5G Fuels Factory And Enterprise Innovation
September 25, 2019

Coal, steam and oil helped to fuel the industrial revolutions we read about in history books. But as time passes and a new decade approaches – one that promises even higher levels of digital innovation and disruption – it’s becoming ever more clear that 5G mobile...

Innovation
Austin Will Be Third City To Test Ford’s Self-Driving Cars
September 25, 2019

Ford Motor Company has chosen Austin, Texas as another city to test out and deploy self-driving vehicles, according to a report by CNBC. The company wants to get the business off the ground by 2021. Ford, along with its tech partner Argo AI, will start...

Innovation
What Does Innovation Mean For Financial Institutions?
September 25, 2019

Innovation can be a blanket term in the banking world. Is artificial intelligence (AI) for anti-money laundering (AML) compliance innovation? Is real-time global payments expanding to new markets? Much focus has been given to fundamentals like the payment technologies needed to support features from transactions...