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)

REPORT: Why 78 Pct Of FIs Say They Struggle To Innovate
September 23, 2019

Banks today recognize that they must embrace innovation to survive in a world being rapidly transformed by digital technology. Successfully delivering the new features and functionality that customers and clients demand takes more than just slick-looking websites and mobile apps, however. These digital products must...

Innovation
Starbucks Consumers In Japan Can Pay With NCF Pen
September 18, 2019

Starbucks has announced the release of an actual pen that consumers can use to pay at the register in Japan, according to reports. The pen is the fourth product released in the Starbucks Touch line in the country. Previous Touch releases included a phone case...

Innovation
How To Make Sure Stores Don’t Die
September 18, 2019

Among the defining endeavors of our time — at least for the worlds of payment and commerce — has been to bring brick-and-mortar retail stores into the new century. It’s an ongoing effort that has probably seen more failures than success stories, but that’s certainly not...

Innovation
Facebook Working On AR Glasses With Ray-Ban Maker
September 17, 2019

Facebook has been working for years on augmented reality (AR) glasses, and it recently teamed up with Ray-Ban maker Luxottica to help prepare for a possible release between 2023 and 2025, according to a report by CNBC. The glasses, code-named Orion, are being designed to...

Innovation
Affirm Looks To Raise $1.5B On $3B Valuation
September 12, 2019

Affirm, a FinTech that offers customers payment plans at the point of sale, is reportedly looking to raise around $1.5 billion in a debt and equity combination, according to a report by TechCrunch. Affirm was started by Max Levchin, who co-founded PayPal. In April, PYMNTS...

Innovation
To Solve the Truck Driver Shortage – Look to Self-Driving Tech?
September 12, 2019

Hints of how to solve the truck driver shortage — which causes friction along supply chains, and across the last mile — may be shifting into gear in Germany. As Reuters reported Thursday (Sept. 12), Waymo is exploring ways to bring its self-driving technology to...

Innovation
IBM Platform Now Lets Clients Customize Data Privacy Settings
September 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept. 12). The z15 increases security and compliance using Data...

Innovation
Inside The Race For Flying-Taxi Liftoff
September 12, 2019

This might still sound like science fiction to many people, but the race for flying-taxi dominance is on and is gaining fresh fuel as the new decade looms. The results of this race in the sky could impact not only mobility services in various cities...

Innovation
Can 5G Power Retail Drone Deliveries?
September 11, 2019

The worlds of drones and 5G mobile network technology – two of the most promising trends in digital payments and commerce – are colliding. That’s because Valqari, which describes itself as the “creator of the patented Smart Drone Delivery Mailbox and provider of last-inch solutions...