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)

Connectivity Defined the Past Decade — Interoperability Will Shape the Next
Connectivity Defined the Past Decade — Interoperability Will Shape the Next
December 04, 2023  |  Innovation

A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. That same year, tech giant Google spent more on headcount...

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This Week in AI: ChatGPT’s Birthday, Amazon’s Ambitions, Payment Efficiencies 
This Week in AI: ChatGPT’s Birthday, Amazon’s Ambitions, Payment Efficiencies 
December 01, 2023  |  Artificial Intelligence

Thursday (Nov. 30) was OpenAI’s ChatGPT’s first birthday.  And what a year it’s been for the generative artificial intelligence (AI) landscape more broadly.  We are...

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Google AI Discovers 800 Years’ Worth of Industrial Materials in One Click
Google AI Discovers 800 Years’ Worth of Industrial Materials in One Click
November 30, 2023  |  Artificial Intelligence

The future of industrial material sciences is starting to crystallize — literally. Google published a research paper Wednesday (Nov. 29) unveiling more than 2 million...

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Prompt Engineering for Payments AI Models is Emerging Skillset
Prompt Engineering for Payments AI Models is Emerging Skillset
November 29, 2023  |  artificial intelligence

“AI (artificial intelligence) will not take your job, someone using AI will take your job.” That’s according to Geneva Graduate Institute Professor Richard Baldwin, who...

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Merriam-Webster’s Words of the Year Reflect Growing Impact of AI
Merriam-Webster’s Words of the Year Reflect Growing Impact of AI
November 28, 2023  |  artificial intelligence

The very phrase artificial intelligence (AI) itself promises two things: intelligence and artificiality. And while it is the leverageable machine intelligence that businesses and organizations want, it...

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AI Systems That Master Math Will Change the World
AI Systems That Master Math Will Change the World
November 28, 2023  |  Artificial Intelligence

The world may never know just what happened at OpenAI during last week’s whirlwind. After the headline-grabbing drama, CEO Sam Altman was reinstated without a...

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Data Helps FinTechs Forge Much-Needed Path to Profitability
Data Helps FinTechs Forge Much-Needed Path to Profitability
November 28, 2023  |  Data

For FinTechs, capturing data, analyzing it, and perhaps even monetizing it through partnerships will help determine who’s profitable, and ultimately, which FinTechs survive and thrive....

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US Signs Multinational Guidelines for Designing Secure AI Systems
US Signs Multinational Guidelines for Designing Secure AI Systems
November 27, 2023  |  artificial intelligence

Few innovations throughout history have progressed as rapidly as generative artificial intelligence (AI).  The technology’s advancements have gotten to the point where there is a growing...

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Automating Away B2B Payment Frictions: Goodbye Antiquity, Hello Agility
Automating Away B2B Payment Frictions: Goodbye Antiquity, Hello Agility
November 22, 2023  |  B2B Payments

When it comes to B2B payments innovation, thinking outside the box isn’t enough. It’s time to redesign the whole package. That’s what PYMNTS learned from...

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