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Solve This Problem with Your Strategic Horizon

South State Correspondent

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. This, however, could be a mistake.

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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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ARTIFICIAL INTELLIGENCE: AUGMENTING THE HUMAN WORKFORCE

Accenture

Fortunately, they are the fictional words of HAL 9000, the sentient artificial intelligence system in the 1968 Stanley Kubrick film, A Space Odyssey: 2001. The stock archive this technology is likely to learn from has been written by humans. Some of these warnings around the ethical usage of AI are undoubtedly justified.

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PingPong To Enter Europe Via $113M Investment

PYMNTS

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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Minimum Wage or RoboChefs

PYMNTS

Orders are speeded up at the front-end of many eateries through the use of digital kiosks, tabletop tablets and mobile phones, but there has been little displacement of workers at the back-end of food service as a result of new technology, according to Reuters. As a result, most operators do not want to assume the investment risk.

Chicago 161
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Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

This tracker brought NCR Corporation together with Avidia Bank and was notable for the stat that showed that one-third of bank customers said they would visit physical branches more often if they could compete with the ease of mobile banking, and banks are deploying or workshopping a number of technologies to make this convenience a reality.

Trends 259
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Artificial Intelligence: FIs’ Friend Or Foe?

PYMNTS

It doesn’t mask murderous intentions with a calming voice like HAL of “2001: A Space Odyssey.” What will banks do with all that liberated capital? Small- to mid-sized banks and FIs can’t always compete at the same level as large ones when it comes to offerings such as mobile and technology solutions, Kaplan explained.

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