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)

Fit-for-Purpose Cloud Infrastructure Puts Payments in the Digital Fast Lane
Fit-for-Purpose Cloud Infrastructure Puts Payments in the Digital Fast Lane
September 11, 2023  |  Innovation

Digital business solutions aren’t a one-way street; they are an HOV lane. Digitizing network operations facilitates greater collaboration and data sharing between key stakeholders across...

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This Week in AI: Deepfakes, Vertical Horizons and Smarter Assistance 
This Week in AI: Deepfakes, Vertical Horizons and Smarter Assistance 
September 08, 2023  |  artificial intelligence

Is it Moore’s Law, or more’s law?  Anyone keeping an eye on the generative artificial intelligence (AI) landscape could be forgiven for confusing the two. ...

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From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
September 08, 2023  |  Payments Innovation

In today’s digital age, money talks in bytes, not bills.  And PYMNTS has been closely tracking the “What’s Next” in digital payment trends as money...

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Navigating the Multi-Headed Opportunity That is Gen AI
Navigating the Multi-Headed Opportunity That is Gen AI
September 08, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) is a tool — not a sentient sci-fi creature. But as the tool becomes increasingly commercialized across today’s operating landscape, and...

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Big Tech Eyes Gen AI’s Potential to Revamp Voice Assistants
Big Tech Eyes Gen AI’s Potential to Revamp Voice Assistants
September 07, 2023  |  artificial intelligence

The biggest imagination-capturing advances in generative artificial intelligence (AI) so far have been across text-based interfaces.  Even AI-generated images and videos are having a moment....

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Why It’s Time for Credit Unions to ‘Double Down’ on Innovation
Why It’s Time for Credit Unions to ‘Double Down’ on Innovation
September 07, 2023  |  Innovation

Two heads are frequently better than one, and good things often come in pairs. That could be why, when Brian Scott, chief growth officer at credit...

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Tokenization Must Prove Useful in Order to Scale
Tokenization Must Prove Useful in Order to Scale
September 06, 2023  |  Blockchain

Can tokenizing real-world assets power the future of connected experiences and streamline global payments? Proponents of Web3 technologies say it can, while other tech-centric observers...

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Luxury Shoppers Are Slow to Convert but Demand Digital Innovation
Luxury Shoppers Are Slow to Convert but Demand Digital Innovation
September 05, 2023  |  Retail

Luxury retailers have established a reputation for their exclusive and upscale offerings, catering to a limited clientele characterized by discerning preferences and substantial financial resources....

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Open Banking’s Consumer Benefits Hinge on Widespread Adoption
Open Banking’s Consumer Benefits Hinge on Widespread Adoption
September 05, 2023  |  Banking

Ross McFerrin, vice president of enterprise growth at Trustly, told PYMNTS in an interview that some fundamental questions are being asked about open banking. What exactly...

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