(source: business.gov.au)
Waymo, a self-driving and robotaxi company, and DeepMind, an AI company, have teamed up to better train self-driving software in a way that mimics Darwinian evolution, according to a report. Both companies are owned by Alphabet, which is also Google’s parent company. The companies use...
When it comes to loyalty and rewards innovation, credit unions (CUs) and their members don’t always see eye to eye. Loyalty and rewards innovation tops members’ list of innovation priorities, with 49.1 percent saying they want their CUs to focus on launching new loyalty and...
Sometimes, when an idea – especially one that has long stewed in popular imagination – makes serious and well-funded moves toward becoming reality, the excitement becomes almost irresistible, and the idea takes on a sense of immediacy and inevitability. That’s been the case over the...
It can never be said that Elon Musk has a problem thinking big. That can be seen from his early days as one of PayPal’s primary architects to the present day, when he divides his attention between a mission to space, solar energy and electric cars. Nor...
A company under the same umbrella as Google, called Verily, has teamed up with Procter & Gamble brand Pampers to use sensors, video surveillance and software to monitor infants, according to a report by the Financial Times. Parents can attach a sensor to a child’s diaper,...
The problem when it comes to innovation for regional banks and credit unions isn’t lack of interest. Quite the contrary, according to Ondot Systems CEO and President Vaduvur Bharghavan (known as VB) who told Karen Webster in a recent conversation, regional banks are highly interested....
The world is changing rapidly. Multi-tasking at the highest levels isn’t just for CEOs or millennials in the “I want it now” era – it’s now common across all demographics. Enter the car as ecosystem, commerce on wheels, consumption measured by the mile and marked...
It can be easy to forget — especially for people plugged into digital payments and commerce — that much of the world still revolves around analog processes. That holds especially true for service retail, where contractors and mechanics might still be more likely to quickly answer...
Criminals are not the only elements that can vex financial institutions when it comes to protecting against money laundering. False positives — instances of potential but uncertain fraud — can significantly gum up the works when it comes to anti-money laundering (AML) efforts, leading to...