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Why SMBs Need To Focus On Product Innovation And Adopt A Digital Business Model

PYMNTS

When consumers fled to online shopping options in Q2, many businesses weren’t set up for digital-first commerce, but quickly figured it out. If you are an offline business that isn’t figuring out how to develop an online offering, you will likely be left behind by competitors.”.

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Five Ways QSRs Are Driving Digital Innovation

PYMNTS

New technology continues to change the way consumers order and pay for quick-service restaurant (QSR) food: Kiosks and online ordering, among other experiences, let consumers ditch the counter for faster and higher-tech alternatives. Not all digital innovations are perceived by consumers the same way, however. out of 100. out of 100.

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Amazon Uses Its Machine Learning Tools for Lending

Bank Innovation

When talking about machine learning algorithms, Amazon definitely comes to mind. The e-commerce giant has (arguably) the most sophisticated ML toolset around that is uses for drone deliveries, online tailors, or its AWS offering.

Lending 373
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How Governments Navigate ACH Payments Innovation

PYMNTS

In-person payments of transactions like parking violation fines or sanitation fees is no longer possible, leaving government entities to accelerate their electronic and online payment acceptance capabilities. ” Accelerating ACH Innovation. “That’s where the complexity and challenge comes.

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The Innovative ‘Green Shoots’ Growing Out Of COVID-19’s Scorched Earth

PYMNTS

An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same. He’s seen TikTok become a B2B marketing platform where players are “singing funny songs, telling jokes and learning how to really interact online.” As a result, the company’s sales reached 44.73

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BankBazaar Turns 15: Celebrating a Decade and a Half of Innovation and Diversity

BankBazaar

With this innovation, customers could complete the Know Your Customer (KYC) process online, swiftly and effortlessly. The BankBazaar Dream Team: Meet the ‘Movers’ Behind every success story stands a dream team – the Movers who brought innovation, creativity, and a lot of fun to BankBazaar’s DNA.

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Cooler Screens Brings New Look To Retail Innovation

PYMNTS

By replacing the traditional glass display doors with high-definition, multi-functional video screens, Cooler Screens (yes — it’s a double entendre) not only displays products and information but creates a brand new revenue stream for retailers. We want to be in a strong position on the right side of privacy,” he said.

Retail 277