Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

(source: en.wikipedia.org)

Seizing Quantum Computing’s Opportunities Within Payments and Finance 
Seizing Quantum Computing’s Opportunities Within Payments and Finance 
November 15, 2023  |  Innovation

When OpenAI’s ChatGPT was released a year ago, it seemed to come from nowhere. But the emergence of generative artificial intelligence (AI) as a viable,...

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‘Friends’ Central Perk Coffeehouse Opens as Brands Look for Consumer Connections
‘Friends’ Central Perk Coffeehouse Opens as Brands Look for Consumer Connections
November 14, 2023  |  Restaurant innovation

Warner Bros. Discovery is becoming the latest company to open a themed restaurant to deepen consumers’ connection with their brands, bringing a “Friends”-themed coffeeshop to...

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Data-Rich Insights Will Power B2B Payments Innovation and Embedded Finance
Data-Rich Insights Will Power B2B Payments Innovation and Embedded Finance
November 14, 2023  |  B2B Payments

Enigma Technologies CEO Hicham Oudghiri told PYMNTS in an interview that embedded finance and real-time data-driven insights will transform B2B payments and risk. “Companies are...

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B2B Payments Need ‘Foundational Infrastructure Layer’ as Faster Account-to-Account Beckons
B2B Payments Need ‘Foundational Infrastructure Layer’ as Faster Account-to-Account Beckons
November 14, 2023  |  B2B Payments

The business payments landscape was stable for decades, Form3 CEO Mike Walters told Karen Webster. Regular ACH payments were the norm, and any pain points...

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Why Visa Is Talking About a Working Capital Network
Why Visa Is Talking About a Working Capital Network
November 13, 2023  |  Payments Innovation

Alan Koenigsberg, senior vice president and global head of large, middle market, treasury and working capital solutions at Visa, took note of the rapid shifts...

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High-Income Consumers Turn to Restaurant-Finding Apps While Traveling
High-Income Consumers Turn to Restaurant-Finding Apps While Traveling
November 08, 2023  |  Restaurant innovation

As restaurants look to reach tourists and travelers, PYMNTS Intelligence revealed that digital platforms can help them influence high-income diners. By the Numbers The latest...

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IBM Launches $500 Million Venture Fund to Fuel Innovation in Enterprise AI
IBM Launches $500 Million Venture Fund to Fuel Innovation in Enterprise AI
November 07, 2023  |  artificial intelligence

IBM is launching a $500 million venture fund to invest in artificial intelligence (AI) companies. The fund’s primary focus will be on accelerating generative AI technology...

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Digital Transformation Demands a Different Framework to Sense and Seize New Opportunities
Digital Transformation Demands a Different Framework to Sense and Seize New Opportunities
November 06, 2023  |  Connected Economy

Digital transformation has become a buzzword — a worthwhile concept that is difficult to put into practice. Broadly speaking, enterprises embedding different capabilities into their...

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A Look at U.S. Initiatives on AI Use and Its Development
A Look at U.S. Initiatives on AI Use and Its Development
November 03, 2023  |  artificial intelligence

President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI...

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