Innovation

Innovation
PYMNTS 2024: Insights From Innovators, Retailers and Industry Trailblazers
December 26, 2024

PYMNTS conducts thousands of interviews a year, some with the usual suspects of banks, card networks and FinTechs that define the financial services space, and some that get a bit outside of that strike zone. Here, we find innovative artificial intelligence companies, retailers and other...

Innovation
AWS and TSYS Say Financial Services’ Shift to the Cloud Includes Responsible Innovation
December 12, 2024

It seems like everything is moving to the cloud — from data to infrastructure — as companies seek to cut costs and scale their operations. In financial services, that means bringing new products and payments to new markets and users as new ecosystems take shape,...

Innovation
Ex-Disney Creative Chief Wants to Rewrite Your Innovation Script
December 04, 2024

Duncan Wardle has a question about your company. Actually, he has a lot of them, but perhaps this one is the most consequential: Are you a “no, because” company or a “yes, and” company? Because the difference between the two for the man who spent...

Innovation
AI Pioneers and Protein Designer Win Nobel Prize in Chemistry
October 09, 2024

The Royal Swedish Academy of Sciences on Wednesday (Oct. 9) awarded the Nobel Prize in Chemistry to three scientists whose work in computational protein design and structure prediction could lead to breakthroughs in drug development, materials science and biotechnology. David Baker of the University of...

Innovation
Visa SVP Talks Legacy Systems and Banking’s ‘Innovation as a Luxury’ Syndrome
September 27, 2024

Think back to an old episode of the hit show “Homeland,” the mini-series that seemed to put main character CIA agent Carrie Mathison (Claire Danes) constantly navigating an intricate plan to stave off the threat of full-scale annihilation by terrorists — but grappling with newfound...

Innovation
Low-Code Solutions Gain Traction In Banking And Insurance Digital Transformation
September 09, 2024

Digital transformation without a clear strategy is like setting sail without a destination. Most projects sink before they reach the shore. Seventy percent of digital transformation projects fail to achieve their desired outcomes. “Digital transformation is a pretty big statement,” EvonSys CEO Arun MS told...

Innovation
Digital Innovation Plus AI Tech Can Future-Proof the Enterprise
April 24, 2024

Long-term success frequently results from businesses being agile, and prepared, in the short-term. That’s why it is so heartening, Shaunt Sarkissian, founder and CEO of AI-ID, told PYMNTS for “What’s Next in Payments Series: Quarterly Scorecard,” that “the first quarter of 2024 is so far going according...

Innovation
Operational Innovations Drive Software Publishing Marketplaces
March 13, 2024

The software publishing industry is in a state of flux right now as it embraces embedded finance to facilitate new growth — and many payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are now working to support this push. Research confirms PayFacs, ISVs and...

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

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 a need than it is to try and sell the existence of one. And while both sides certainly have their...