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)

Google Launches Competition to Find Quantum Computing’s Real-World Utility
Google Launches Competition to Find Quantum Computing’s Real-World Utility
March 05, 2024  |  Innovation

A problem without a solution presents more opportunity than a solution without a problem.  That’s because it is easier, in many ways, to solve for...

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Voice Tech Expands Horizons Amid Increasing Risks of Scams
Voice Tech Expands Horizons Amid Increasing Risks of Scams
February 29, 2024  |  Voice Activation

From the convenience of voice-activated virtual assistants to the integration of speech recognition in smartphones and smart homes, the technology landscape is increasingly shaped by...

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5.5G Reasons Why Meta, LG Are Teaming Up On XR Devices 
5.5G Reasons Why Meta, LG Are Teaming Up On XR Devices 
February 28, 2024  |  Innovation

Fundamental to the continued growth of the digital economy is the infrastructure to support it. Particularly as technologies like mixed reality (MR), virtual reality (VR),...

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The Automat Is Back, Thanks to the Rise of Self-Service (Again) 
The Automat Is Back, Thanks to the Rise of Self-Service (Again) 
February 03, 2024  |  Automated Retail

Self-service technology is bringing us full-circle — the automat seems to be making a comeback around the world.  The automat, which readers may know only...

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Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
February 02, 2024  |  Innovation

Three members of Congress have asked the Federal Deposit Insurance Corp. (FDIC) for information about how it will provide regulatory guidance for FinTech firms and other financial...

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Half of Software Sector Marketplaces Cite Operational Upgrades as Top Innovation Priority
Half of Software Sector Marketplaces Cite Operational Upgrades as Top Innovation Priority
January 31, 2024  |  Innovation

Payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces find themselves in an era where navigating a fiercely competitive eCommerce landscape, filled with interrelated opportunities...

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Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
January 25, 2024  |  POS Innovation

Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. These...

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Walmart Shuts Down Innovation Lab as Retailers See Tech Bets Eat Into Margins
Walmart Shuts Down Innovation Lab as Retailers See Tech Bets Eat Into Margins
January 23, 2024  |  Walmart

With the race for retailers’ digital presences growing more competitive each year, demanding more resources, Walmart is reportedly axing its Store No. 8 innovation hub...

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IMF Lays Out 5-Point AI Regulation Action Plan
IMF Lays Out 5-Point AI Regulation Action Plan
January 22, 2024  |  Artificial Intelligence

2023 saw governments around the world grapple with the commercial emergence of artificial intelligence (AI).  From the White House’s Executive Order on the Safe, Secure, and Trustworthy Development and...

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