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

AI Industry Pivots From Doomsday Talk to Practical Problem-Solving
AI Industry Pivots From Doomsday Talk to Practical Problem-Solving
November 01, 2024  |  Artificial Intelligence

Silicon Valley’s brightest minds gathered in San Francisco this month to tackle the down-to-earth challenges of artificial intelligence adoption rather than debate robot apocalypse scenarios....

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Big Tech Makes Money by Spending on AI Infrastructure
Big Tech Makes Money by Spending on AI Infrastructure
November 01, 2024  |  Artificial Intelligence

Tech giants’ investments in cloud infrastructure are reportedly paying off due to the demand for artificial intelligence. The momentum of cloud businesses began to slow...

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Bank of America: Gateways Become Cash Flow Engines for Merchants
Bank of America: Gateways Become Cash Flow Engines for Merchants
November 01, 2024  |  Payments Innovation

Payment gateways might be thought of as the workhorses of fund flows, whether it’s for B2B or consumer-facing transactions. It’s the technology that gets payment...

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Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
October 31, 2024  |  Payments Innovation

Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on...

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The Data-Ready Deficit Looms Large for the Platform Economy
The Data-Ready Deficit Looms Large for the Platform Economy
October 31, 2024  |  Data

As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape,...

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Antitrust Fears for Big Tech as States Ramp Up Regulations
Antitrust Fears for Big Tech as States Ramp Up Regulations
October 30, 2024  |  Artificial Intelligence

Major tech companies have spent over $30 billion acquiring artificial intelligence startups while facing mounting antitrust concerns, as states rush to fill the federal regulatory...

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ABBYY Rolls Out AI Center to Boost Business Automation
ABBYY Rolls Out AI Center to Boost Business Automation
October 30, 2024  |  B2B Payments

ABBYY is introducing new capabilities for artificial intelligence to help companies bolster automation. The offerings include Phoenix, a “multi-modal approach to zero-shot learning leveraging small...

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Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
October 30, 2024  |  B2B Payments

Every dollar of working capital matters to today’s businesses. That makes tracking and managing expenses important, as evidenced by “Grubgate,” where tech giant Meta fired...

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Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
October 30, 2024  |  Investments

Payments platform Airwallex is reportedly in discussions to raise $200 million. The Singapore-based company aims to close the funding round at the end of the...

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