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)

L’Oréal, Perfect Use AI and Tech to Drive Makeup Makeover
L’Oréal, Perfect Use AI and Tech to Drive Makeup Makeover
January 04, 2023  |  Retail

Whether it’s for speed, convenience, precision or accessibility, the cosmetic industry is undergoing a major makeup makeover. While a challenging economy and changing consumer tastes...

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The Top Four Ways Restaurant Aggregators Evolved in 2022
The Top Four Ways Restaurant Aggregators Evolved in 2022
December 30, 2022  |  Aggregators

Despite the economic challenges restaurant aggregators faced in 2022, the year nonetheless yielded many innovations. Aggregators expanded into new categories, new methods of fulfillment and...

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Christmas Tree Farm Finds Green in Digital Ordering and Delivery
Christmas Tree Farm Finds Green in Digital Ordering and Delivery
December 23, 2022  |  eCommerce

For most people, a Christmas tree is a bulky, perishable item that is best acquired locally. But for Wes Brown, founder of the D2C site...

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Slipping Restaurant Sales Lead to Cost Cutting
Slipping Restaurant Sales Lead to Cost Cutting
December 22, 2022  |  Restaurant innovation

With lower restaurant sales, dining establishments may need to consider new cost-cutting strategies. Nearly all businesses are battling the economy’s continued inflationary cycle, coupled with...

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Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
December 22, 2022  |  Credit Cards

Deadlines loom in the United States as credit network exclusivity is set to end next year. Monica Kennedy, senior vice president and head of merchant...

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Restaurant Menu Prices Drive Choice for Four in 10 Diners
Restaurant Menu Prices Drive Choice for Four in 10 Diners
December 20, 2022  |  Restaurant innovation

As restaurant menu prices rise, diners are seeking out more affordable options. By the Numbers Research from the latest edition of PYMNTS’ Digital Divide study,...

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Digital Transformation Shows Retail Store Payment Preferences Split by Geography
Digital Transformation Shows Retail Store Payment Preferences Split by Geography
December 16, 2022  |  Retail

New research found payment innovation is seen as increasingly critical to long-term retail store growth. Introducing new and better payment choices for their customers is...

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Americans Hesitant to Break Up With Big US Banks
Americans Hesitant to Break Up With Big US Banks
December 16, 2022  |  Banking

Americans are slow to change U.S. banks, even though they could be missing out. Credit unions (CUs), with a 6% higher-than-average member satisfaction rate, could...

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Global Growth Creates Compliance Challenge for Digital Brands
Global Growth Creates Compliance Challenge for Digital Brands
December 15, 2022  |  Cross-border Payments

The digital economy’s capacity to operate in real time across international borders can add layers of complexity to businesses’ commercial opportunities. Digital businesses can launch...

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