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How Technology And Market Trends Spawn Innovation

PYMNTS

In restaurant technology, cloud kitchens have emerged as a new model driven by the rise of online ordering. And, in digital banking, banks are innovating with their strategies for fraud protection and anti-money laundering (AML). sales the athleisure market generated as of 2016. sales the athleisure market generated as of 2016.

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Canadian prepaid market bolsters innovation rail for businesses and consumers

BankInovation

Prepaid payments are primed to be the main innovation rail for the Canadian payments market, as developments in automated banking and consumer technology make headway and market size grows. The Canadian prepaid market in 2019 had $3.74

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As QSRs Embrace Digital, PepsiCo Ups Its Innovation Game

PYMNTS

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). Stronger Ties.

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US Patents Hit All-Time High In 2019

PYMNTS

in 2019 than ever before – 333,530 were granted, 15 percent more than in 2018, the global patent data platform IFI CLAIMS announced on Monday (Jan. Almost 50 percent of IBM’s 2019 patents related to “hot-button technologies such as artificial intelligence (AI), cloud computing, security, blockchain and quantum computing.”.

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What Innovators Can Learn From Netflix

PYMNTS

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. The growing popularity of DVD rentals in the early 2000s introduced more competition into the market, making them more affordable for more consumers. I Don’t Want To, But I Have To’.

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Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix

PYMNTS

These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities. Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them.

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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

And, as consumers have many options, fast-casual and quick-service restaurants (QSRs) realize they must meet growing diner expectations and embrace technology to stay relevant. And food-ordering platforms are teaming up with restaurant technology companies to make it easier for eateries to accept delivery orders.