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: Human-Like Reasoning, Robots and Open Source
This Week in AI: Human-Like Reasoning, Robots and Open Source
March 22, 2024  |  Artificial Intelligence

This week in artificial intelligence (AI) news, a new technique, “Quiet-STaR,” teaches AI to think and chat more like humans by considering various ideas before...

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AI Revolutionizes Home Design With Instant, Innovative Solutions
AI Revolutionizes Home Design With Instant, Innovative Solutions
March 22, 2024  |  Artificial Intelligence

A new artificial intelligence program that can design a house in seconds shows how technology is transforming the way we envision and create our living...

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The Cost of Legacy Payments in Light of Innovation’s ROI 
The Cost of Legacy Payments in Light of Innovation’s ROI 
March 22, 2024  |  Payments Innovation

Innovation, particularly within financial services and payments, tends to be centered around speed, cost efficiency and transparency. However, many financial institutions (FIs) with incumbent infrastructure...

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Report: Apple Considers Adding Baidu’s GenAI to Devices in China
Report: Apple Considers Adding Baidu’s GenAI to Devices in China
March 22, 2024  |  Artificial Intelligence

Apple is reportedly in preliminary talks with Chinese tech giant Baidu, exploring a potential partnership to use Baidu’s generative artificial intelligence technology for Apple devices in China....

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Can Payments Innovations Solve U.S. Merchants’ Top 5 Cross-Border Challenges?
Can Payments Innovations Solve U.S. Merchants’ Top 5 Cross-Border Challenges?
March 21, 2024  |  Cross Border Commerce

With Wednesday’s (March 20) announcement about Visa’s expanded partnership with LemFi, the focus is on cross-border payments. The cross-border payments landscape itself is a dynamic and fragmented one, full...

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Are Brick-and-Mortar Bank Branches Cool Again?
Are Brick-and-Mortar Bank Branches Cool Again?
March 20, 2024  |  Banking

Digital banking is all the rage, right? Who can resist the convenience of using a bank app to balance accounts while waiting for the barista...

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Aviation’s Digital Transformation Aims for a Connected Future
Aviation’s Digital Transformation Aims for a Connected Future
March 20, 2024  |  Travel Payments

The aviation industry stands on the cusp of a significant transformation, driven by the widespread adoption of digital technologies. From booking flights to managing operations...

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Nvidia Aims to Redefine Commerce With AI Chips
Nvidia Aims to Redefine Commerce With AI Chips
March 19, 2024  |  artificial intelligence

Nvidia’s latest chips could help transform the commerce industry by enabling AI applications to run faster and more efficiently, experts say.  The B200 GPU, announced Monday...

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Airtel and Noise Launch Smartwatch That Enables Contactless Payments
Airtel and Noise Launch Smartwatch That Enables Contactless Payments
March 19, 2024  |  Partnerships

India’s Airtel Payments Bank partnered with smartwatch company Noise to launch a smartwatch that enables users to tap to pay. The Payments Bank Smartwatch enables hassle-free payments, Airtel Payments Bank said...

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