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)

Disparate Businesses Find Common Trade Solutions in Interoperability and Real-Time Payments
Disparate Businesses Find Common Trade Solutions in Interoperability and Real-Time Payments
January 24, 2023  |  B2B Payments

Operations across international borders inherently add layers of complexity and fees to B2B operations. Yet despite historical speedbumps to global expansion, innovations in real-time payment...

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Citizens Names Mastercard Its Exclusive Payments Provider
Citizens Names Mastercard Its Exclusive Payments Provider
January 19, 2023  |  Partnerships

Aiming to speed its innovation, Citizens Financial Group has made Mastercard its exclusive payments provider. In a newly expanded partnership, Mastercard has become the bank’s...

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India Outkicking Its 5G Coverage, Says Ericsson Exec at Davos
India Outkicking Its 5G Coverage, Says Ericsson Exec at Davos
January 18, 2023  |  Mobile

5G networks are just around the corner from being just around the corner . This, as Börje Ekholm the CEO of Ericsson AB, one of...

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Airline Industry Rivals Become Tech Innovation Partners With Shared API Hub
Airline Industry Rivals Become Tech Innovation Partners With Shared API Hub
January 18, 2023  |  API

A new application programming interface (API) hub is uniting companies to help their technology take off. API hub provider Rapid and trade group International Air...

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Slumping Sales Could Stoke Retail Industry’s Appetite for Digital Efficiencies
Slumping Sales Could Stoke Retail Industry’s Appetite for Digital Efficiencies
January 18, 2023  |  Retail

With retailers posting their worst results in a year during their most important month for sales, the time for self-guided digitalization has arrived. Instead of...

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Better Innovation Tempts 27% of Members to Ditch Credit Unions
Better Innovation Tempts 27% of Members to Ditch Credit Unions
January 18, 2023  |  Credit Unions

Loyalty’s a fickle thing, and credit union members’ allegiances may be tested over innovation. The latest edition of joint research between PYMNTS and PSCU, as...

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New Year, New Tech Solutions for Cross-Border B2B Friction Fighting
New Year, New Tech Solutions for Cross-Border B2B Friction Fighting
January 17, 2023  |  Cross-border Payments

As businesses look to expand abroad, digital modernization can stop bad history from repeating itself. Aging tech infrastructure and outdated software can hamstring critical business...

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BurgerFi Uses in-Car Payments to Feed Fleet Sales
BurgerFi Uses in-Car Payments to Feed Fleet Sales
January 16, 2023  |  Connected Economy

With the emergence of in-vehicle ordering, restaurants have the opportunity to drive large-scale B2B sales. In an interview with PYMNTS, Karl Goodhew, chief technology officer...

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Cost-Conscious Small Businesses Prioritize Digital Payments in 2023
Cost-Conscious Small Businesses Prioritize Digital Payments in 2023
January 16, 2023  |  Digital Payments

Small businesses seeking to reduce innovation costs might consider prioritizing digital wallet offerings. In today’s budget-conscious retail environment, small- to medium-sized businesses (SMBs) might be...

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