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
Why Does Arizona Get All Those Self-Driving Tests?
August 17, 2018

When writers get around to penning the history of autonomous vehicles, Arizona likely will gain mention in the early chapters of those books. The state has hosted numerous tests of self-driving technology, and was the location of an Uber-involved fatal accident earlier this year that...

Innovation
Self-Driving Vehicles Face New Speed Bumps
August 16, 2018

Uber continues to bleed money, and that’s raising fresh questions about whether those losses might lead the company to abandon its efforts at developing self-driving vehicles. Meanwhile, there are increasing signs of consumer skepticism about autonomous cars and trucks, even as startups and longstanding firms...

Innovation
Moving Past The Myths Of Payments Innovation
August 16, 2018

All you need is a hot idea and some funding. All you have to do is listen to what consumers say they want. The big players have an inherent advantage. Meetings suck the creativity out of any worthwhile project. Get the Full Story Complete the...

Innovation
Cafe X And Coffee’s Robotic Future
August 15, 2018

When most people are attempting to catch a flight out of an international airport and want to grab a cup of coffee, their main focus is on speed — they don’t want their caffeine break to cause them to miss their flight. In fact, they...

Innovation
For FIs, The Waterfall Is Drying Up
August 09, 2018

Firms evolve … or don’t, at their peril. The old ways of doing business? They get old; they get fossilized. They go away, along with, sometimes, the firms that are stuck in the past. Get the Full Story Complete the form to unlock this article...

Innovation
PDFs Are No Good — How, And Why, Governments Are Going Digital
August 08, 2018

For foes of paper cuts, recent news from Hawaii should offer encouragement: A six-month test designed to showcase the appeal of making state government more digital led to a 20 percent reduction in paper use, which translates into one million sheets of paper. Get the...

Innovation
UL: The Trucking Industry, Aided By Digital Tech, Is About To Get Smarter
August 08, 2018

Less than a year from now, more data — and the “smart” gear that collects and transmits it — will come to European roadways, part of an effort to increase the safety of truck driving. Get the Full Story Complete the form to unlock this...

Innovation
NEW REPORT: How FIs’ Top Performers Scale And Monetize Innovation
August 08, 2018

Successful innovation is all about operationalization. The good news is that the path to operationalizing innovation looks remarkably similar for all financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Innovation
For FI Innovation In LatAm, Think VC, Not PE
August 06, 2018

A little tech goes a long way, in getting banking customers to make the switch from paper to digital. But loyalty can fall by the wayside, especially in the alluring LatAm market. NovoPayment CEO Anabel Perez tells Karen Webster that banks need to embrace the...