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

Shake Shack Tests Crypto Rewards to Gauge Customer Interest

Shake Shack Tests Crypto Rewards to Gauge Customer Interest
Shake Shack Tests Crypto Rewards to Gauge Customer Interest
March 04, 2022  |  Restaurant innovation

As restaurants continue to look for rewards that they can offer that will make customers truly want to keep coming back, some are turning to...

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Product Development Automation, Collaboration Boost Payments Innovation
Product Development Automation, Collaboration Boost Payments Innovation
March 03, 2022  |  Payment Methods

In a 24/7 world of digital commerce that spans the globe, payments velocity — and the velocity of innovation itself — is critical. Get the...

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Car Owners Save Time with Car Care App, Mobile Service, Service-as-a-Subscription
Car Owners Save Time with Car Care App, Mobile Service, Service-as-a-Subscription
March 02, 2022  |  Innovation

Here’s a different way to get your car an oil change: You make an appointment online, a mobile mechanic drives to your home or office...

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Banks and BNPL: Move Fast But Don’t Break Things
Banks and BNPL: Move Fast But Don’t Break Things
March 02, 2022  |  Buy Now Pay Later

Call it a phenomenon and not a passing fancy. When it comes to buy now, pay later (BNPL), banks would do well to play a...

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Innovation Makes People Switch Banks
Innovation Makes People Switch Banks
March 01, 2022  |  Innovation

What causes someone to change banks? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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White Castle Turns to Robotics to Meet Rising Order Demand
White Castle Turns to Robotics to Meet Rising Order Demand
February 28, 2022  |  ResTech

Restaurants’ continuing labor challenges, exacerbated by consumers’ rising demand for restaurant meals, are making rapid digital innovation more important than ever in the industry, with...

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Independent QSRs Risk Falling Behind in Restaurant Industry’s Digital Shift
Independent QSRs Risk Falling Behind in Restaurant Industry’s Digital Shift
February 28, 2022  |  ResTech

It is no great shock that major restaurant brands are more technologically advanced than their small- to medium-sized business (SMB) counterparts, with the former having...

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Installment Plans Help ‘COVID-Poor’ Consumers Tackle ‘Government Debt’
Installment Plans Help ‘COVID-Poor’ Consumers Tackle ‘Government Debt’
February 28, 2022  |  Debt

It’s getting harder to pay the rent, the mortgage and the bills, such as water and energy services, that are so critical for day-to-day life....

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Restaurant Roundup: Dunkin’ Opens Digital-Only Co-Branded Location With Jimmy John’s
Restaurant Roundup: Dunkin’ Opens Digital-Only Co-Branded Location With Jimmy John’s
February 25, 2022  |  Restaurant Roundup

For Dunkin’ parent company Inspire Brands, co-branded locations are not a new concept. The firm, which also owns Arby’s, Buffalo Wild Wings and Sonic, among...

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