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)

The Innovation Imperative for Banks Starts With Personalized Digital Experiences
The Innovation Imperative for Banks Starts With Personalized Digital Experiences
March 25, 2024  |  Digital Banking

The traditional banking model and business roadmap for financial institutions needs future-proofing. Across today’s financial services landscape, digital increasingly rules the roost — making prioritizing...

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Robots vs Rock Stars: UMG and Roland Share Guidelines for AI Music
Robots vs Rock Stars: UMG and Roland Share Guidelines for AI Music
March 23, 2024  |  Artificial Intelligence

The year is 2034, Taylor Swift hasn’t had work in years, and all our favorite songwriters are just algorithms. This is the future that Universal Music...

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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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