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

Burberry Opens Social Currency With Tencent Partnership

Burberry Opens Social Currency With Tencent Partnership
Burberry Opens Social Currency With Tencent Partnership
August 03, 2020  |  Retail

Innovation has been a welcome development for retailers in the pandemic. Pivoting business models have been the hallmark of some major changes, including the complete...

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AutoX: Why Driverless Cars Are Ready To Hit The Road
AutoX: Why Driverless Cars Are Ready To Hit The Road
July 31, 2020  |  Innovation

Tests of truly autonomous self-driving vehicles have been uneven at best, but with each scraped test hubcap, the concept draws closer to reality. Major automakers...

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How CUs Can Hone Their Digital Strategies To Face The Rising Challenger Bank Threat
How CUs Can Hone Their Digital Strategies To Face The Rising Challenger Bank Threat
July 30, 2020  |  Credit Unions

Credit unions have long prided themselves on offering better in-person service, but with lockdowns keeping members from branches, many CUs worry about losing customers to...

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Avanci Launches 5G Push After Green Light From DOJ
Avanci Launches 5G Push After Green Light From DOJ
July 29, 2020  |  Internet of Things

Avanci, which has positioned itself as the tech clearinghouse for automakers and others looking to incorporate the Internet of Things (IoT) in their products, is...

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Advancing With Collaboration, Cooperation And Innovation
Advancing With Collaboration, Cooperation And Innovation
July 29, 2020  |  Payments Innovation

“Digitization has helped support remittance market continuity in the face of reduced mobility. We also believe money transfers relying on informal or unregulated routes are...

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Industry Tie-Ups Brace For Corporate Card Adoption Wave
Industry Tie-Ups Brace For Corporate Card Adoption Wave
July 29, 2020  |  B2B Payments

With more B2B financial service providers embracing commercial cards as a preferred payment tool for corporates making the shift to digital payments, industry players are...

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The Need For Speed And Other Unexpected Side Effects Of Post-Pandemic Digitization 
The Need For Speed And Other Unexpected Side Effects Of Post-Pandemic Digitization 
July 28, 2020  |  Today In Data

Some part of the response to the COVID-19 pandemic was pretty easily anticipated early on. We all could have guessed that consumers would go digital in response to...

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Credit Union Innovation Gets A Big Rethink
Credit Union Innovation Gets A Big Rethink
July 28, 2020  |  Credit Unions

The cellphone is an invention; the smartphone is an innovation. That gap between creating something and putting it to ingenious use is where innovation does...

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How Up Is Tapping Cloud Solutions For Flexible, Technology Oriented Banking
How Up Is Tapping Cloud Solutions For Flexible, Technology Oriented Banking
July 28, 2020  |  Cloud Banking

Financial institutions are embracing cloud technologies to roll out innovative tools and services, but selectively upgrading infrastructure isn’t enough, says Michael Morris, chief technology officer...

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