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)

Instacart Teams With Industrious on Same-Day Delivery at Coworking Spaces
Instacart Teams With Industrious on Same-Day Delivery at Coworking Spaces
July 13, 2023  |  Delivery

Capitalizing on shifts in how consumers work, Instacart is going after the coworking spaces market with its latest partnership, seizing on businesses’ desire to draw consumers back...

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Index Ventures’ Fiorentino Says FinTechs Need ‘Thrive but Survive’ Mindset to Ease Path to Profitability
Index Ventures’ Fiorentino Says FinTechs Need ‘Thrive but Survive’ Mindset to Ease Path to Profitability
July 13, 2023  |  Startups

Following a years-long venture capital (VC) bull market that saw FinTech startups raise billions of dollars in funding, the challenging macroeconomic market has led to...

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Nearly Three-Quarters of Bank Customers Say Innovation Is What Keeps Their Business
Nearly Three-Quarters of Bank Customers Say Innovation Is What Keeps Their Business
July 11, 2023  |  Innovation

For account holders at financial institutions (FIs), innovative financial products are increasingly becoming must-haves. For PYMNTS’ study “Credit Union Innovation: The Race to Meet Consumer...

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Chipotle’s Pizzeria Shutdown Suggests Not All Foods Can Be Burritofied
Chipotle’s Pizzeria Shutdown Suggests Not All Foods Can Be Burritofied
July 11, 2023  |  Restaurant innovation

As restaurants weigh consumers’ desire for customizable options with their demand for quick, easy meals, Chipotle has found that the build-it-yourself model that has fueled its success...

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The Cost of Doing AI Business
The Cost of Doing AI Business
July 08, 2023  |  Artificial Intelligence

While the potential of generative artificial intelligence (AI) may seem limitless, the computing power it requires could present limitations. One estimate places the cost of...

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Moving Past the Shiny Newness of Generative AI
Moving Past the Shiny Newness of Generative AI
July 07, 2023  |  Artificial Intelligence

Generative AI is increasingly popular, but business leaders looking to stay in front of the wave will need to pay attention to avoiding being run...

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Generative AI’s Future Will Be as the Ultimate Human Sidekick, Says Foundation Capital’s Iyengar
Generative AI’s Future Will Be as the Ultimate Human Sidekick, Says Foundation Capital’s Iyengar
July 06, 2023  |  Artificial Intelligence

A Google survey found that approximately 40% of executives said adopting generative artificial intelligence (AI) is an urgent need. However, many of these same executives...

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Aging Population Demands Restaurants’ Continued Focus on the on-Premise Experience
Aging Population Demands Restaurants’ Continued Focus on the on-Premise Experience
July 05, 2023  |  Restaurant innovation

With the United States population getting older, restaurants are challenged not only to continue to innovate their digital technologies but also to maintain the quality...

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Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
July 05, 2023  |  Credit Unions

Credit unions need to innovate — and quickly. Scott Young, managing VP of emerging services as PSCU, said credit unions (CUs) have the tools, and,...

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