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’s Skoda To Add Virtual Assistants To Vehicles
September 27, 2019

European car manufacturer Skoda will be adding a virtual assistant to its vehicles, which will be accessible through vocal commands, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Innovation
5G Fuels Factory And Enterprise Innovation
September 25, 2019

Coal, steam and oil helped to fuel the industrial revolutions we read about in history books. But as time passes and a new decade approaches – one that promises even higher levels of digital innovation and disruption – it’s becoming ever more clear that 5G mobile...

Innovation
Austin Will Be Third City To Test Ford’s Self-Driving Cars
September 25, 2019

Ford Motor Company has chosen Austin, Texas as another city to test out and deploy self-driving vehicles, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Innovation
What Does Innovation Mean For Financial Institutions?
September 25, 2019

Innovation can be a blanket term in the banking world. Is artificial intelligence (AI) for anti-money laundering (AML) compliance innovation? Is real-time global payments expanding to new markets? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

REPORT: Why 78 Pct Of FIs Say They Struggle To Innovate
September 23, 2019

Banks today recognize that they must embrace innovation to survive in a world being rapidly transformed by digital technology. Successfully delivering the new features and functionality that customers and clients demand takes more than just slick-looking websites and mobile apps, however. These digital products must...

Innovation
Starbucks Consumers In Japan Can Pay With NCF Pen
September 18, 2019

Starbucks has announced the release of an actual pen that consumers can use to pay at the register in Japan, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Innovation
How To Make Sure Stores Don’t Die
September 18, 2019

Among the defining endeavors of our time — at least for the worlds of payment and commerce — has been to bring brick-and-mortar retail stores into the new century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Innovation
Facebook Working On AR Glasses With Ray-Ban Maker
September 17, 2019

Facebook has been working for years on augmented reality (AR) glasses, and it recently teamed up with Ray-Ban maker Luxottica to help prepare for a possible release between 2023 and 2025, according to a report by CNBC. Get the Full Story Complete the form to...

Innovation
Affirm Looks To Raise $1.5B On $3B Valuation
September 12, 2019

Affirm, a FinTech that offers customers payment plans at the point of sale, is reportedly looking to raise around $1.5 billion in a debt and equity combination, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and...