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

New Study: Firms Wait 18 Percent Longer To Get Paid Without AR Automation

New Study: Firms Wait 18 Percent Longer To Get Paid Without AR Automation
New Study: Firms Wait 18 Percent Longer To Get Paid Without AR Automation
March 19, 2021  |  B2B Payments

At a time when rapid digitization is the order of the day, many businesses are still relying on manual accounts receivable (AR) processes that decelerate...

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Facebook Wants To Read Your Mind (And Replace Your Keyboard)
Facebook Wants To Read Your Mind (And Replace Your Keyboard)
March 18, 2021  |  Innovation

Have you seen a targeted ad on Facebook and thought to yourself, “It’s like they’re reading my mind?” The social media behemoth wants to take...

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New Challenges Emerge From Payment Rail Innovation
New Challenges Emerge From Payment Rail Innovation
March 18, 2021  |  B2B Payments

While new payment rails are designed to tackle some of the biggest legacy pain points of the financial services industry, innovative infrastructure is also opening...

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NEW DATA: AR Automation Makes Or Breaks Firms’ Collection Cycles
NEW DATA: AR Automation Makes Or Breaks Firms’ Collection Cycles
March 18, 2021  |  Accounts Receivable

Danone, a European food and beverage company, was experiencing challenges with cash application and a lack of visibility into its cash flows as the processes...

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NEW DATA: Three Payment Innovations That Keep Doctors’ Cash Flows Healthy
NEW DATA: Three Payment Innovations That Keep Doctors’ Cash Flows Healthy
March 17, 2021  |  Healthcare

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Simplicity Defines Success For Cross Border B2B Marketplaces
Simplicity Defines Success For Cross Border B2B Marketplaces
March 16, 2021  |  B2B Payments

As the digital-first economy continues to integrate into the lives of consumers, some geographical differences are starting to show. AsiaPac continues to drive mobile payments...

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Engagement Ring: Apple Patent Hints At Finger-Worn Tech
Engagement Ring: Apple Patent Hints At Finger-Worn Tech
March 15, 2021  |  Innovation

For all the portable convenience that smart devices offer today, it’s not hard to imagine that one day in the future, kids might be overheard...

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NEW DATA: Loyalty Programs Help Independent Restaurants Boost Customer Spend
NEW DATA: Loyalty Programs Help Independent Restaurants Boost Customer Spend
March 15, 2021  |  Restaurant innovation

U.S. consumers are on a tight budget, and for many, restaurant orders are on the chopping block. Get the Full Story Complete the form to...

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Apple Car And High-Tech Partnerships Hit The Road
Apple Car And High-Tech Partnerships Hit The Road
March 12, 2021  |  Innovation

Technology and automobiles have evolved side by side ever since Henry Ford’s assembly line began rolling in 1913. Back then, the company’s Model T was...

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