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

How the UN AI Resolution Could Reshape Commerce
How the UN AI Resolution Could Reshape Commerce
July 03, 2024  |  Artificial Intelligence

The United Nations General Assembly greenlit Monday (July 1) a China-sponsored, United States-backed resolution on artificial intelligence, signaling a potential sea change in global AI...

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Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
July 03, 2024  |  Investments

European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is...

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AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024  |  Artificial Intelligence

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Concerns range from return...

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UN: China Leads World’s GenAI Patent Race
UN: China Leads World’s GenAI Patent Race
July 03, 2024  |  Artificial Intelligence

New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. Between 2014 and last year, more than...

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How Banks and Big Tech Use AI to Modernize Workflows
How Banks and Big Tech Use AI to Modernize Workflows
July 02, 2024  |  artificial intelligence

Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while...

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How to Ride the B2B Payments Innovation Wave
How to Ride the B2B Payments Innovation Wave
July 02, 2024  |  B2B Payments

B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled...

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BIS: Central Banks See Opportunities and Challenges From AI
BIS: Central Banks See Opportunities and Challenges From AI
July 02, 2024  |  Artificial Intelligence

Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a...

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How Supplier-Friendly Card Solutions Improve Business Cash Flow
How Supplier-Friendly Card Solutions Improve Business Cash Flow
July 02, 2024  |  B2B Payments

Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive...

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ChatGPT Finds Its Soul Mate: Meet CriticGPT
ChatGPT Finds Its Soul Mate: Meet CriticGPT
June 28, 2024  |  Artificial Intelligence

In Silicon Valley, a new kind of proofreader is hard at work. It doesn’t wield a red pen or squint at comma splices. Instead, this...

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