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F1 Racing and the Insurance and Finance Industry: A Comparison of Trends and Challenges

N2Growth Blog

Formula 1 racing is an industry built on speed, innovation, and teamwork. Technological Changes In F1 racing, the introduction of hybrid engines has forced teams to adapt their strategies and rethink their approach to racing. Today, I will highlight some similarities in the insurance and finance industry and contrast them to Formula 1.

Insurance 217
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Digital Technology Can Exclude Older Adults

The Horizons Tracker

As technology advances, senior citizens face an escalating danger of being digitally excluded. In countries such as Sweden, where digitalization is widespread, they also encounter greater difficulty in exploiting the opportunities presented by technology. That’s the finding of a recent study from Örebro University.

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Diversification Putting Pressure on FinTech Executives

N2Growth Blog

With technology reshaping the global business landscape, many companies will be pushed to fundamentally reconsider their ways of doing international business, diversifying into new product categories and adopting a “borderless” expansion model. By Vera Sharova & Teodora Cosic.

Execution 382
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Navigating the Digital Payment Landscape: Understanding ACH and EFT Transactions

Strategy Driven

An informed comparison between EFT and ACH differences enables smart decision-making, ensuring effective cash flow management and cost savings in various financial activities. Advances in financial technology pledge to enhance the speed and performance of payments, rendering them effortless and cost-free. What Are ACH Payments?

Banking 80
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Sustainable Investment Funds Can Encourage Worse Behavior

The Horizons Tracker

Consequently, subjecting brown firms to punitive measures through costly financing inadvertently steers them away from potential investments in innovative green technologies capable of mitigating emissions. “If a brown firm changes in emissions in either direction by just 1%,” the researchers explain.

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We Should Avoid The “Turing Trap” With AI And Continue Making Humans Indispensable

The Horizons Tracker

For much of the last decade or more, it’s rare that AI has been discussed without making comparisons with human abilities. Research from Stanford argues that such comparisons are unhelpful and that the reality is more likely to see man and machine working together in ways that compliment each other’s strengths.

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Using AI To Augment Creativity

The Horizons Tracker

The article was based on studies suggesting that often we become slaves to technology, with our time spent servicing it rather than being liberated by it. “This change enables higher-skilled employees to generate innovative scripts and develop positive emotions at work, which are conducive to creativity.”