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General Motors Unveils Electric Truck, Electric Pallet And Software For ‘First- To Last-Mile Delivery’

PYMNTS

General Motors is launching a new division called BrightDrop to offer what the automaker describes as an entire “ecosystem” of software, services, electric trucks and other equipment to provide shippers with eco-friendly first- to last-mile delivery. GM To Also Move Into Software And Services .

Software 130
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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

As restaurants continue to wrestle with the questions that come with food delivery — how to make enough money, whether to work with third-party operators, how to manage customer relationships — a new factor is gaining significance. Keatz already operators ten “ghost” kitchens in Europe. Keatz reportedly has raised about $13.5

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

While it would take today’s computers a million years to break the current state-of-the-art 2048-bit RSA encryption, it is estimated that a quantum computer will be able to do it in hours by 2030. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030. Pacific Time.

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NEW REPORT: State Street Chief On Cost-Benefits Of AI

PYMNTS

Growth in financial institutions’ (FIs) investment in AI comes as banks look to streamline their operational costs. A recent study estimated that investment in AI could result in a 22 percent reduction in operational costs at FIs, collectively saving them as much as $1 trillion by 2030.

Report 101
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Warehouse Robots Pave The Way For More AI Logistics

PYMNTS

Hot on their trail are machine learning and artificial intelligence (AI) technology — the software and algorithms promising to reduce the risks of overstocking and understocking, and providing other benefits that can boost retailers’ revenue. Depending on what predictions you believe, most retail warehouses could be fully automated by 2030.

Retail 197
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Mobile Smart Kitchens Reinvent Food Delivery

PYMNTS

Delivery has changed the face of the food business on a global scale Gardener noted — and as large a force as it is today, valued at $35 billion — it is expected to grow by more than twenty-fold to $365B by 2030. That’s good news for consumers from a convenience point of view — but there remain all kinds of issues.

Mobile 134
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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.