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
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...

Innovation
FIs Place High Value On Corporate Credit For Innovation
May 14, 2019

FinTech startups like Divvy have gotten attention and funding based on corporate credit innovations. 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 our daily newsletter, PYMNTS...

Innovation
Why FIs Are Laser-Focused On Corporate Credit Innovation
May 13, 2019

Innovation has been the name of the game for financial institutions (FIs) large and small in recent years. While the overall pace of innovation has cooled somewhat over the past two years, as FIs have been slower to market with new products, they are increasingly...

Innovation
Have Consumers Fallen Out Of Love With Robots?
May 11, 2019

We confess: We hate doing household chores, cooking and running errands – and we suspect you do, too. And the promise of a modern-day version of Rosie from the Jetsons to do all of those chores has always sounded pretty good to us. Get the Full Story Complete the...