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
VW To Test Robotic Chargers For Self-Driving Electric Cars
August 05, 2019

Electrify America, a subsidiary of Volkswagen Group of America, has announced a pilot project to test the viability of robotic fast-charging systems for self-driving electric vehicles (EVs), CNBC reported on Monday (Aug. 5). VW is partnering with Bay Area startup Stable Auto, a fleet charging...

Innovation
How Innovation Priorities Are Evolving for FIs
August 01, 2019

It’s easy to get sidetracked by the new and flashy. But how much are FIs really investing in blockchain and artificial intelligence (AI) compared to more foundational innovations? The latest Innovation Readiness Playbook looks at where FIs have been focusing over the past three years...

Innovation
Brightloom’s Adam Brotman On Building A Better (Digital) QSR
August 01, 2019

Restaurant operators are waking up to the fact that they need to bring more digital and mobile oomph to their operations, lest they lose customers or fail to gain new ones in one of the most fiercely competitive fields of retail out there. But desiring...

Innovation
Visa Ups Innovation Ante With US FinTech Fast Track Launch
July 31, 2019

Even in 2019, there persists this idea in the mainstream that invention stems from the epiphany and late-night toil of the solitary scientist. The image stems from about two or three centuries ago, when medieval superstitions were being seriously challenged by empirical thought, and the...

REPORT: Payment Tech Tops FIs’ Innovation Agendas
July 31, 2019

The financial world is awash in hot tech topics these days, from blockchain to artificial intelligence (AI). However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas....

Innovation
POSaBIT Rolls Out Mobile POS For Cannabis Merchants
July 30, 2019

FinTech firm POSaBIT is hoping to solve the problem of mobile payments for the fast-growing cannabis industry by delivering a unique blockchain-enabled payment processing and point of sale (POS) system.  The new fully compliant system will focus on the marijuana industry and will roll out...

Innovation
Upcoming Google Pixel 4 To Offer Hands-Free Functionality
July 29, 2019

Google announced in a video tweet on Monday (July 29) that its upcoming Pixel 4 smartphone doesn’t need hands to operate it. The video shows that people can use their faces to unlock the phone and can use hand gestures for other commands. The phone...

Innovation
Elon Musk Says Next Teslas Will Have Netflix, YouTube
July 29, 2019

Tesla is adding to its in-car entertainment features and will soon offer Netflix and YouTube streaming on its vehicles’ multimedia screens, Tesla CEO Elon Musk announced in a tweet on Saturday (July 27). Streaming will only be available while the car is parked, though Musk...

Innovation
Supplier Onboarding: A Mixed Bag Of Manual And Digital Methods
July 26, 2019

Automated solutions could help smooth onboarding frictions, yet many AP departments still rely on old-school techniques and are perfectly satisfied with them. The latest Payables Friction Playbook analyzes the ways businesses onboard new suppliers to see where digital methods excel (and potentially fall short). AP...