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

This Week in AI: Tech Giants’ Spending Soars; Meta Rethinks Metaverse

This Week in AI: Tech Giants’ Spending Soars; Meta Rethinks Metaverse
This Week in AI: Tech Giants’ Spending Soars; Meta Rethinks Metaverse
February 07, 2025  |  Artificial Intelligence

This week in artificial intelligence, Big Tech invests in AI, Meta rethinks its metaverse pivot and DeepSeek poses a potential security threat. Big Tech Plans...

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DeepSeek Restricts Access as AI Model Balloons in Popularity
DeepSeek Restricts Access as AI Model Balloons in Popularity
February 06, 2025  |  Artificial Intelligence

DeepSeek’s artificial intelligence model is reportedly too popular for its own good. The Chinese startup said it is limiting access to its API service because...

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Doctor’s Orders: Lynx Gets $27 Million to Close Health and Finance Gap
Doctor’s Orders: Lynx Gets $27 Million to Close Health and Finance Gap
February 06, 2025  |  Healthcare

Fragmentation and regulation are among the top ways innovation can find itself hamstrung. That goes double for innovation within healthcare payments, where the complexity of...

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Thredd’s McCarthy: ‘Seismic Shift’ Will Define FinTech Future
Thredd’s McCarthy: ‘Seismic Shift’ Will Define FinTech Future
February 06, 2025  |  Payments Innovation

The last half-decade of the 2020s looms, and for FinTechs and financial services in general, the dust has just started to be kicked up on...

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Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
February 05, 2025  |  Opinion

Innovation and collaboration lead to new ways to meet credit union needs, Velera Chief Service Officer Dean Young writes in a new PYMNTS eBook, “The Innovation Mindset:...

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PayPal Shares Slide as Transaction Growth Per Active Account Slows
PayPal Shares Slide as Transaction Growth Per Active Account Slows
February 04, 2025  |  Earnings

PayPal’s fourth-quarter earnings results showed slowing growth along several metrics, as well as continued traction in the company’s branded checkout initiatives. Total payment volumes were...

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Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople
Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople
February 04, 2025  |  Personnel

Salesforce is reportedly eliminating over 1,000 jobs while hiring staff to sell its artificial intelligence products. Workers who are displaced will be able to apply...

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EU Readies New AI Restrictions Despite Trump Pushback
EU Readies New AI Restrictions Despite Trump Pushback
February 04, 2025  |  Artificial Intelligence

European regulators are reportedly preparing new guidance covering banned uses of artificial intelligence. The efforts to enforce Europe’s landmark AI Act come even as President...

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