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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity

PYMNTS

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . A trillion-dollar market cap later, it’s hard to argue Amazon’s effectiveness, quote attribution notwithstanding. The Headwinds Creating The Innovations Gap .

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Signify US CEO (Formerly Philips Lighting): Lighting Up The Connected Economy’s Innovations

PYMNTS

Market Roger Karner told Karen Webster for this week’s edition of the Monday Conversation, the lights turn themselves off. The one thing we all have to learn: it is not about the innovations themselves. We get very excited about our innovative capabilities, and we are extremely proud of all of our IP and patents in this area.

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Why Does The Path To Retail Innovation Go Through So Many Labs?

PYMNTS

Innovation is one of the keys to advancement — and that increasingly means opening tech hubs, incubators and other such operations. But not all innovation labs or tech hubs give rise to seamless tech progression. PYMNTS readers can be forgiven if they view innovation labs (no matter the label) as something that verges on retail fad.

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Payworks Raises $14.5M To Grow POS Technology

PYMNTS

Founded in 2012, Payworks offers a variety of omnichannel payment providers a next-generation payment gateway technology, operated in the cloud and provided in a Software-as-a-Service model. Payworks announced that it has completed a $14.5M

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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands. It is not the technology itself that is important, however, but the strategy behind it. ML, the Cloud and Competition.

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NEW STUDY: Why Fast Food Isn’t Innovating Fast Enough

PYMNTS

In short, customers want innovation, but restaurants, largely, aren’t giving it to them. The Index’s inaugural edition explores why companies in the $230 billion QSR space struggle to innovate, and how they can change that reputation. According to PYMNTS research, most brands in the QSR space are losing the innovation race.

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WeChat, Alipay Partner QFPay Notches $20M For Payment Innovation

PYMNTS

QFPay was founded in China in 2012 and is known for its QR code-based technology. The tech firm is in 13 markets: Cambodia, China, Hong Kong, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and United Arab Emirates. This new round of funds brings QFPay’s total funding to $36.5