Global Scans · Business Model · Weekly Summary

• [New] In terms of new business models, several startups will deploy solutions to tackle water problems in Kazakhstan and Uzbekistan. Payoneer
• The IMF encourages incumbents to respond to the rise of fintech and their growing threat by adjusting their business models, focusing on enhancing cost efficiency, diversifying income sources, consolidating operations, improving internal governance, and addressing problematic loans. Fintech Schweiz Digital Finance News - FintechNewsCH
• 32% of US companies admit that they will definitely lay off staff in the future as they adopt ChatGPT in their business model. Elite Content Marketer
• Organizations worldwide are preparing to flesh out their AI digital transformation strategies, investing heavily in integrating AI technologies into their business model and upskilling and reskilling their workforce to harness its full potential. ELEV8
• Companies selling unhealthy foods need to tweak their business models to counter the growing popularity of weight-loss drugs - or risk alienating investors. BusinessMirror
• With the scale of disruption facing businesses globally and in Ireland, the need to transform business models has never been greater. PwC
• 2024's 3DEXPERIENCE World will feature a particular focus on innovations that are advancing the global push for sustainability, and how 3DEXPERIENCE Works can help imagine and redesign products, processes and business models to improve the world people want to live in. Yahoo Finance
• Another trend to expect in 2024 is the emergence of innovative new digital products and services that could shift and transform existing business models, with Candy expecting a lot of big ideas and visions to emerge in 2024 through excellence in generative AI. TechRepublic
• The power of human interaction will continue to play a critical role in business over the coming decade, even as technology such as AI, robotics and quantum computing dramatically reshapes entire sectors and business models. FinExtra
• IR4LAB is committed to increasing advanced technologies adoption in Saudi Arabia and the world by implementing new business models or improving existing processes, most notably building local capabilities that can contribute greatly to achieve Saudi 2030 vision. Zawya
• The power of human interaction will continue to play a critical role in business over the coming decade - even as technology dramatically reshapes entire sectors and business models. BizClik Media Ltd.
• Ransomware continues to be the most acute cyber threat facing UK organizations and businesses, with cyber criminals adapting their business models to gain efficiencies and maximise profits. FinExtra
• Blockchain technology, while associated with incidents like the liquidation of 'we-trade' or the insolvency of Marco Polo, undoubtedly increases transparency and eliminates fraud risks often resulting from flawed business models. FCI
• New partnerships with alternative business models, fresh financial resources, and new technologies could represent the lifeline Pemex needs to thrive in a carbon-constrained world. Wilson Center
• Shell Ventures, the corporate venture capital arm of Shell, supports companies in their early, scale and growth phases, providing investments that stimulate the development of new technologies and disruptive business models to lower emissions and accelerate the energy transition. Offshore Energy
• Malaysian businesses must embrace ESG not merely for compliance or risk management, but as an opportunity to explore new opportunities or adapt their business models. Skrine - Advocates & Solicitors
• In the coming decade, the country that emerges on top in AI will lead the Fourth Industrial Revolution, and AI-led business models will change how companies operate across multiple sectors. Verdict
• Mercosur is a global leader in technologies, business models, and biofuel production and is shielded from the major geopolitical issues that will increasingly determine the location of industrial investments. CAF
• Beyond innovative business models, Indian fintech startups recognise the importance of optimising operations to save money and exhibit profitability potential. Inc42 Media
• To the extent the U.S. wants to foster the development of AI businesses, the laws around the use of copyrighted works in training AI models need to be sufficiently clear that even an early-stage startup can predictably determine whether their business model will run afoul of copyright laws. Content Management
• Technological advances offer solutions to both businesses and governments, and integration of artificial intelligence has the potential to positively impact global productivity and environmental outcomes, and the development of sustainable business models is necessary. MDPI
• There's a risk that the Barclays business model of combining investment and retail banking creates a model that underperforms in any environment. Yahoo Finance
• The ECB expects banks to develop and execute sound digital transformation plans through adequate arrangements to strengthen their business model sustainability and mitigate risks related to the use of innovative technologies. Allen Overy

Last updated: 14 April 2024