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
Waymo To Test Autonomous Vehicles In Florida
August 20, 2019

Waymo plans to test autonomous vehicles in the rainy conditions of Florida, according to a report. The company, which is owned by Google’s parent company Alphabet, will collect data and test how the cars’ sensors handle the rain. The vehicles will be driven by trained...

Innovation
Kids’ Eyeglasses Get A Mobile And 3D Makeover
August 20, 2019

It’s a story commonly heard from children – and a story that, in this case, led to a fresh idea for subscription commerce. As told to PYMNTS in a recent interview, the story involves the son of Gabriel Schlumberger, CEO of U.S.-based Fitz Frames, which...

Innovation
Segway-Ninebot Debuts Self-Driving Electric Scooter
August 18, 2019

China’s Segway-Ninebot has come up with an answer to everyone’s eScooter charging woes: make one that can drive itself to the charging station, The Verge reported Friday (Aug. 16). The KickScooter T60, the company’s new self-driving scooter, was recently unveiled at an event in Beijing....

Innovation
Postmates Testing Robot Delivery In San Francisco
August 16, 2019

Postmates sidewalk delivery robots are coming to San Francisco, but the autonomous service will have a human escort, TechCrunch reported on Friday (Aug. 16). With a permit issued by the city this week, the online delivery company will start testing three of its wheeled delivery...

Innovation
More Than Pretty Pictures: Visual Commerce’s Rise Boosts Retail
August 13, 2019

For fans of retail or marketing history — or just fans of how people communicated in the past — reading old magazine and newspaper advertisement from, say, before the 1960s can be fun and illuminating. Sure, there are a lot of pretty pictures, but what...

Innovation
Why Payments’ New World Isn’t A Solo Mission
August 12, 2019

“No person is an island,” so goes the line from an old poem, meant to show how we are all interconnected. That line may lean toward the metaphysical, but the wisdom is pretty literal when it comes to the future of banking, playing out in...

Innovation
Younique Launches App For Virtual Makeup Trials
August 09, 2019

Direct sales company Younique, which has been pivotal in its approach to social media marketing, has launched an augmented reality (AR) makeup trying-on tool, according to a release.  The tool uses facial analysis and bridges the gap, the company said, between online and in-person shopping....

Innovation
The Digital Platform That Wants To Be A-Star-Is-Born Maker
August 09, 2019

There are still countless books to be written about whether the digital age — the technology, the processes, the seemingly endless retail and service choices, the tracking of personal data, the ability of nearly everyone to start a business or land a gig — is more...

Innovation
How FinTechs Tap Into Cloud Computing’s Advantages
August 07, 2019

FinTech firms are tapping into cloud computing as they harness benefits such as scalability, reduced information technology (IT) costs, business continuity, and technology innovation as well as adoption. To be on the cutting edge, DadeSystems Chief Information Officer Mike Capote told PYMNTS in an interview,...