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Solve This Problem with Your Strategic Horizon

South State Correspondent

Strategic Horizon and Capital As mentioned, the problem that bank’s often run into when it comes to strategic planning is their time horizon is too short. The fundamental problem is a bank’s implied average life of capital is long, some 18+ years, but their strategic horizon is too short – likely under three years.

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Turkey’s PayCore Snags New Majority Investor Amid Digital Payments Boom

PYMNTS

Mediterra Capital is expanding its portfolio with a big new investment that will give the top Turkish private equity firm a stake in the country’s fast-growing digital payments sector. Launched in 2001, PayCore notes that more than a million POS terminals in Turkey operate with software developed and provided by the company.

Payments 141
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PingPong To Enter Europe Via $113M Investment

PYMNTS

PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe. Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Takeaway 3 To fully capitalize on the forthcoming C&I wave, institutions need the right products, systems, people, and technology. Indeed, measuring C&I balances from the low to the high of an expansionary period shows commercial lending grew by the following amounts during recent upcycles: 1993-2001: 87.5% 2004-2008: 82.6%

Lending 195
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Barclays Corporate Banking Chief Resigns

PYMNTS

Barclays’ chairman of its corporate banking operations, Kevin Wall, will reportedly take Winter’s place as interim head of the unit. According to reports, Winter has been at the bank since 2001, previously serving at Deutsche Bank. While at Deutsche Bank, Winter served as head of European debt capital markets.

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Cardlay, based in the U.K.,

Strategy 109
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Minimum Wage or RoboChefs

PYMNTS

The number of workers was slightly higher in 2015 than in 2001, according to the National Restaurant Association, which opposes minimum wage hikes. As a result, most operators do not want to assume the investment risk. million in venture capital and will have robots that prepare and bake pizzas within six months.

Chicago 161