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
Ford To Integrate Walking Robots Into Self-Driving Vans
May 23, 2019

Ford has announced it is partnering with walking robots maker Agility Robotics for its fleet of self-driving delivery vans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Innovation
Imitation Meat, Loyalty On Demand And Remote Ordering: The Shape-Shifting Of Dining In 2019
May 22, 2019

As is usually the case, there was plenty to see – and even more to eat – in the national restaurant show this week. During the early part of the week, 43,000 attendees descended on Chicago’s McCormick Place to feast on food samples, experiment with...

Innovation
Plaid Launches Direct Funds Transfer Ecosystem
May 22, 2019

A new service launched Wednesday (May 22) called Plaid Direct enables “two-way connectivity across the financial ecosystem and makes it easier for consumers to move money between their accounts — whether it’s in a neobank, FinTech, or big box bank account,” according to a statement from...

Innovation
Germany’s Central Bank Says Tech Presents Hurdles, Opportunities
May 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Innovation
Facial Recognition Biometrics Finds A Friend In 5G
May 20, 2019

As 5G deployments start, retailers and other companies and organizations around the world are striving to find what works. One of the latest such projects combines the new mobile network technology with facial recognition and vending machines — a possible glimpse of the 5G future....

Innovation
When Innovation Is The Ticket For Digital Events Platforms
May 16, 2019

Digital ticketing platforms for events and entertainment are evolving to become more than places to score tickets to the latest show — they are also introducing features to reduce friction at checkout. TodayTix, which just notched $73 million in funding, plans to enhance the app...

Innovation
Smaller US Cities Foster More Payments Innovation
May 16, 2019

The next chapter in the history of digital payments and commerce is being written in technology incubators – but not only those shops run by merchants and brands, or even in Silicon Valley. Smaller towns keep trying to up their game, and could provide fresh...

Innovation
How Accelerators And Partnerships Fuel FinTech Innovation In Mumbai
May 16, 2019

The city of Mumbai houses some of India’s biggest business conglomerates along with its largest stock exchanges — and it’s also home to disruptors looking to make financial services more accessible. The city has many advantages for startups: It is said to have a large...

Innovation
Connected Vehicles Race Toward 5G Future
May 15, 2019

As the connected vehicle ecosystem grows, the automobiles that are part of the effort are racing toward their 5G future — the new mobile technology promises to significantly boost payments and commerce for commuters and other drivers in the coming years. But a few roadblocks...