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

Doctor’s Orders: Lynx Gets $27 Million to Close Health and Finance Gap
Doctor’s Orders: Lynx Gets $27 Million to Close Health and Finance Gap
February 06, 2025  |  Healthcare Financing

Fragmentation and regulation are among the top ways innovation can find itself hamstrung. That goes double for innovation within healthcare payments, where the complexity of...

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Thredd’s McCarthy: ‘Seismic Shift’ Will Define FinTech Future
Thredd’s McCarthy: ‘Seismic Shift’ Will Define FinTech Future
February 06, 2025  |  Payments Innovation

The last half-decade of the 2020s looms, and for FinTechs and financial services in general, the dust has just started to be kicked up on...

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Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
February 05, 2025  |  Opinion

Innovation and collaboration lead to new ways to meet credit union needs, Velera Chief Service Officer Dean Young writes in a new PYMNTS eBook, “The Innovation Mindset:...

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PayPal Shares Slide as Transaction Growth Per Active Account Slows
PayPal Shares Slide as Transaction Growth Per Active Account Slows
February 04, 2025  |  Earnings

PayPal’s fourth-quarter earnings results showed slowing growth along several metrics, as well as continued traction in the company’s branded checkout initiatives. Total payment volumes were...

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Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople
Salesforce Reportedly Cuts 1,000 Jobs While Adding AI Salespeople
February 04, 2025  |  Personnel

Salesforce is reportedly eliminating over 1,000 jobs while hiring staff to sell its artificial intelligence products. Workers who are displaced will be able to apply...

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EU Readies New AI Restrictions Despite Trump Pushback
EU Readies New AI Restrictions Despite Trump Pushback
February 04, 2025  |  Artificial Intelligence

European regulators are reportedly preparing new guidance covering banned uses of artificial intelligence. The efforts to enforce Europe’s landmark AI Act come even as President...

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AI and Real-Time Monitoring Staff the New Front Line Against Disputes and Chargebacks
AI and Real-Time Monitoring Staff the New Front Line Against Disputes and Chargebacks
February 04, 2025  |  Security & Fraud

The digital shift that started during the pandemic sent consumers toward social media platforms for online shopping, which are considered card-not-present transactions. It continues today....

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OpenAI Files Trademark Application for Hardware, Robots and AI Chips
OpenAI Files Trademark Application for Hardware, Robots and AI Chips
February 03, 2025  |  Artificial Intelligence

A trademark application filed Friday (Jan. 31) by OpenAI reportedly suggests new product lines the company could pursue. Some of these product lines could be...

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Jump Raises $20 Million for AI-Powered Financial Advice Tools
Jump Raises $20 Million for AI-Powered Financial Advice Tools
February 03, 2025  |  Investments

Jump, which provides artificial intelligence tools to financial advisors, raised $20 million in new funding. “This investment underscores the rapidly growing demand for advisor-specific AI...

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