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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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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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Bain MD On New $1B Fund And Why Seed Rounds Are Sprouting           

PYMNTS

Bain Capital Ventures said Wednesday (November 14) that it has raised $1 billion in investment capital that will be geared toward targeting startup companies spanning seed rounds to growth-stage financing. The fund will be focused on AI, cloud technology, commerce and healthcare among other avenues. billion across 240 companies.

Capital 139
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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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Barclays Corporate Banking Chief Resigns

PYMNTS

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. Barclays inked a collaborative deal with Bottomline Technologies to facilitate mobile corporate payments supported through the bank’s Paym solution.

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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.