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

Global Processing Services Nets Visa Investment For Expansion

Global Processing Services Nets Visa Investment For Expansion
Global Processing Services Nets Visa Investment For Expansion
October 19, 2020  |  Investments

Global Processing Services (GPS), the payments issuer processor, has a new strategic investment from Visa to help GPS launch new products and continue expanding, according to...

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Rakuten-Owned ShopStyle Meets The Complex Fashion Shopper
Rakuten-Owned ShopStyle Meets The Complex Fashion Shopper
October 16, 2020  |  Retail

The fashion category has arguably been the most complex amid the pandemic and subsequent shift to the digital-first economy. Business models have been flipped to...

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How We Shop Will Never Be The Same
How We Shop Will Never Be The Same
October 16, 2020  |  Payment Methods

When PYMNTS first asked consumers in mid-March how long they thought the COVID-19 pandemic would last, the average estimate was 138 days — about two...

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B2B Innovators Land Funding For AP, Cybersecurity
B2B Innovators Land Funding For AP, Cybersecurity
October 16, 2020  |  B2B Payments

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. A managed security services provider has also...

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Why Payments Orchestration Is Becoming A ‘Must-Have’ For Platform Merchants
Why Payments Orchestration Is Becoming A ‘Must-Have’ For Platform Merchants
October 16, 2020  |  Payments Innovation

The pandemic is accelerating the great migration of merchants to online channels, and particularly online platforms. In an interview with PYMNTS, Daniel Wideman, VP of...

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Conversational Commerce Finds Its Voice In Digital Retail
Conversational Commerce Finds Its Voice In Digital Retail
October 15, 2020  |  Retail

Consumers want information in the digital-first economy – actually, they wanted it yesterday. As new PYMNTS data show, they want to know about everything from...

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Apple Hopes 5G iPhones Will Boost China Sales
Apple Hopes 5G iPhones Will Boost China Sales
October 14, 2020  |  Retail

Apple is hoping its new 5G iPhones will help it bridge a gap in sales in China, where it has been beaten out by rivals...

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Zoom Introduces New Tools For Remote Connection At Zoomtopia
Zoom Introduces New Tools For Remote Connection At Zoomtopia
October 14, 2020  |  Innovation

Zoom Video Communications is introducing new platform tools during its virtual, two-day annual conference called Zoomtopia, which this year runs Oct. 14-15. Get the Full...

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Pay-By-The-Mile Auto Insurer’s App Lets Drivers See What They’d Pay
Pay-By-The-Mile Auto Insurer’s App Lets Drivers See What They’d Pay
October 14, 2020  |  Innovation

Metromile, which sells automobile coverage with premiums based on the number of miles a covered automobile is driven, launched a free service to let motorist...

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