Policymakers, non-government organisations, charities and entrepreneurs across the world are showing increasing interest in “social innovation” as a means of addressing various problems, from poverty and homelessness to environmental degradation. What does the term actually mean?
UBS sees Blockchain technology sweeping over financial services as soon as one year from now, Veronica Lange, the Swiss bank's head of innovation said. But how is the bank preparing to effectively disrupt itself?
The technological progress we witness today is fascinating and scary at the same time, with emerging technologies penetrating more and more our daily and working routine. Even though innovative breakthroughs create many opportunities and provide solutions, development of technology has been so rapid that ethical concerns have arisen around the potential that it could have too much impact, and potentially threats to the job market.
There is new hope for Egypt’s large unbanked population thanks to recently formed financial technology (fintech) accelerators and the launch of services to bring people into the banking sector. Among recent developments, savings app Feloosy is matching savers with banking partners (see box). Also, in May, Cairo-based innovation hub Flat6Labs launched a fintech incubator called the 1864 Accelerator in partnership with Barclays Bank Egypt, whose year of establishment in Egypt gave the name to the new project. The American University in Cairo and Commercial International Bank started their own fintech accelerator in July. With just 10% of the Egyptian population having access to bank accounts, there is a lot of work to be done.
In an age of digital transformation, how are physical retail stores innovating? What advances in AR, VR, beacon technology and delivery services have we seen in the retail industry in the past year? Note: in order to read some of these articles, a Springwise Access account is required.
It’s genuinely not enough for a boutique or lifestyle hotel to just look good anymore. Looks can only go so far, but real, genuine hospitality and customer service are what will convince customers to book, and to return, for years to come.
It’s hard to be an innovator. You have to come up with cool new stuff, make it work, and get people to use it. Not easy! Depending on your situation, there can be barriers, active and passive, to being a successful innovator. Lots of people in business and government love to talk about how they’re innovative, and how they foster innovation. Hah! In all too many cases, what they actually do is build and sustain barriers so strong and so high that innovation is nearly impossible.
Amid the dawn of a new industrial revolution, the winners will be those who can adapt, embrace technologies and respond to new demands. Diego Tamburini, manufacturing industry strategist, Autodesk, explains.
We can see the future! The information and technology industry is going through a very revolutionary change where developed and developing countries are actively participating in offering the best and advanced technology solutions. But all of us are curious what will be the future like? Anything like shown in the Sci Fi movies?
“Innovation” may be a buzzword today, but for a long time, the concept was decidedly unpopular. Believe it or not, the mere notion of doing things differently once prompted profound suspicion. The accepted wisdom was that you should do pretty much precisely what your parents had done.
What’s more important: core or disruptive innovation? And how can large companies do both? We spoke to Michael Docherty, CEO of Venture2 Inc. and author of Collective Disruption, for his thoughts on this and the paradox he sees at play. Michael has consulted with a lot of leading companies and believes that many of them... Read More
Open Source Insider In all the years I have been using FOSS software, the most common complaint I've seen about FOSS software is that the "design" is "terrible", "laughable" or some witticism about forks and eyes.
What's interesting about this criticism isn't its longevity, that's to be expected since for most of the people registering this complaint what they mean by "bad design" is "I don't like it." And, alas, no software can be everyone's ideal.
Google is widely considered, by both the general public and business experts, to be one of the most innovative companies in the world. So how does Google promote a culture of innovation and ensure that innovative ideas are properly implemented, creating profitable new products that position the company for long-term success? Google’s “recipe” for driving innovation is no carefully guarded secret sauce. Rather, Google has openly shared this information with the public. In 2013, Google codified a new set of “Nine Principles of Innovation,” which updated the version first unveiled by former Google executive Marissa Mayer in 2008.
There is no ‘formula for success’ when it comes to startups. 90% of young companies fail, despite having creative ideas and a willingness to get it right. The reasons for this are many, but arguably the main one is an inability to raise initial capital.
London is the best city in the world for fostering fintech, ahead of New York, Silicon Valley and Hong Kong - but it faces a run for its money from Singapore - as the industry pushes for better measures for assessing its contribution to the economy and the government's new industrial strategy.
PalmerSwitzerland is a hot bed of financial technology innovation, according to speakers at a Sibos Innotribe session in Geneva. Brigitte Baumann, CEO of GoBeyond, argued that ‘angel investing’ in financial technology start-ups can be considered as a new asset class, and that Switzerland is leading innovation in this space.
We’re living in an exciting time. The rapid advancement of technology – in particular mobile, automation, artificial intelligence, social media and the Internet of Things – is driving major changes for both businesses and consumers alike.
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Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.