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
Tech Center: Los Angeles On The Brink Of Becoming Tech Power Player
February 24, 2017

For quite some time, Silicon Valley has been the technology powerhouse of California in terms of both up-and-coming startups and big-named companies, like Google and Facebook. However, Los Angeles has been coming into its own over the last decade or so. In this week’s Tech...

Innovation
Equifax Uses Deep Neural Machine Learning To Improve Credit Scoring
February 21, 2017

While artificial intelligence, machine learning and other futuristic-seeming technologies have been resigned to the likes of Apple, Google, Microsoft, Amazon and Facebook, traditional companies are also getting in the game, including Equifax and SAS. According to a report, Equifax is using deep-learning tools to enhance...

Innovation
Data Casts Its Spell, But How To Create Magic?
February 20, 2017

They wouldn’t call it Big Data if it weren’t … huge. And machines learning from one another is an evolving frontier in which projects and tasks and any number of activities are made more efficient and evolve continuously. Get the Full Story Complete the form...

Innovation
Fighting Fraud Via Better Digital IDs
February 20, 2017

The process of identification is one that identifies friend or foe and one that builds trust. In commerce, that process extends to ensure that the transaction has a good chance of succeeding, where buyers will get what they bought in goods or services and sellers...

Innovation
Commerce Loves The Sound Of Your Voice
February 20, 2017

Know who loves the sound of your voice even more than you do? Not just your dog, but eCommerce, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Innovation
Always Be Connected, Always Be Buying
February 20, 2017

Globally, it’s estimated that 30 billion devices will be connected via wireless within the next half-decade, and commerce thus truly will be always on and always operating. The days of store hours, bank hours, handing plastic over at the register — in short, of limited...

Innovation
Bill Gates Calls For Robot Tax To Fund Social Services
February 20, 2017

-As automated solutions continue to replace human workers, billionaire philanthropist and Microsoft Cofounder Bill Gates believes that the lost revenue that funds social service programs should be made up for via a robot tax. Get the Full Story Complete the form to unlock this article...

Innovation
Getting The Message In Commerce
February 17, 2017

The age of information is an instant one, populated by email, bitmojis (they can even look like you) and texts, of course. Though the delivery method may change, the result is the same, as communication moves at the speed of thought and light. Get the...

Innovation
‘Alexa, Call My Mom!’ — Will The Echo Become A Phone?
February 16, 2017

There might be another use for Amazon’s and Google’s popular home speakers coming this year, with both companies considering turning them into home phones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...