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
Oculus Monetizes VR With Enterprise Subscriptions
May 01, 2019

Oculus has announced the impending launch of the new Oculus for Business, designed to streamline and expand virtual reality (VR) in the workplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Innovation
Citi Rolls Out AI-Powered Risk Analytics Scoring Engine
April 29, 2019

Citi announced on Monday (April 29) the launch of NextGen, its artificial intelligence-powered risk analytics scoring engine. 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...

Innovation
Most FIs Don’t Consider FinTech Firms As Competitors, But Maybe They Should
April 29, 2019

Along with digital transformation, innovation has been a buzzword for some time. These may seem like abstract concepts, but innovation has had concrete results in the financial industry. For example, in the newly released J.D. Power 2019 U.S. Retail Banking Satisfaction Study, retail banking was...

Innovation
How To Move Past Artificial Intelligence #Fails
April 26, 2019

The story of artificial intelligence to this point – at least when it comes to financial institutions – is arguably more about failure than success, even as the promise of the technology continues to grow. But success cannot come without stumbles, and as Akli Adjaoute, CEO...

Innovation
Will Grocery Aisles Become ‘Eye’sles?
April 25, 2019

Soon, at your local grocery store, it won’t be just the potatoes that have eyes. Maybe. 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,...

Innovation
Airbnb To Produce TV Shows Ahead Of Upcoming IPO
April 24, 2019

Home-sharing and hospitality online marketplace Airbnb will expand into show business with a variety of new original travel shows, Reuters reported.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Innovation
Tesla To Have Robotaxi Fleet By 2020; Waymo To Build Self-Driving Cars In Detroit
April 23, 2019

Tesla CEO Elon Musk said he will launch the company’s robotaxi program by 2020, according to reports. 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...

Innovation
CBD-Infused Burger Signals Higher Level Of Fast Food Innovation
April 23, 2019

Selling fast food these days is not exactly for the faint of heart, given how the industry faces extreme — and increasingly online — competition for the consumer dollar. Those competitive pressures have led to a host of new tools, features and offerings. Get the...

Innovation
Tesla Introduces Self-Driving Microchip, Says Autonomous Taxis Are A Year Away
April 22, 2019

Tesla invited investors and analysts to its California headquarters on Monday (April 22) to introduce a new microchip for self-driving cars and convince them that it will have an edge in the autonomous car industry, according to Reuters. Get the Full Story Complete the form...