digital transformation

Velera CEO: Credit Unions Need Gen Z Consumers to Gain ‘Velocity’
Velera CEO: Credit Unions Need Gen Z Consumers to Gain ‘Velocity’
June 18, 2024  |  Credit Unions

The average credit union member is 53 years old. Reasonably affluent, well traveled down the journey of life’s financial goals — and well aware of...

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Report: Spain’s BBVA Considering Opening Digital Consumer Bank in Germany
Report: Spain’s BBVA Considering Opening Digital Consumer Bank in Germany
June 17, 2024  |  Digital-First Banking

Spanish bank BBVA is reportedly considering opening a digital consumer bank in Germany. In this effort, the bank will use existing technology to lower the...

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How the B2B Metaverse Opportunity Enables Tomorrow’s Industrial Economy
How the B2B Metaverse Opportunity Enables Tomorrow’s Industrial Economy
June 17, 2024  |  Metaverse

As innovative technologies become more commonplace, the opportunity to unlock value becomes more accessible. And with the news Friday (June 14) that industrial metaverse company...

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The Tiny Text Units Powering AI’s Language
The Tiny Text Units Powering AI’s Language
June 17, 2024  |  artificial intelligence

In the ever-evolving landscape of artificial intelligence (AI), a transformative force is at play in the realm of large language models (LLMs): the token. These...

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Deposit Tokens Gain Favor in Commercial Banking
Deposit Tokens Gain Favor in Commercial Banking
June 14, 2024  |  Blockchain

There’s a new on-chain token in town, and it’s not the one you’re thinking of. While there exists a variety of “tokens” within the 21st-century...

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Canary Raises $50 Million to Deploy AI for Hospitality Industry
Canary Raises $50 Million to Deploy AI for Hospitality Industry
June 14, 2024  |  Investments

Canary Technologies raised $50 million in a Series C funding round to support its deployment of artificial intelligence for the hospitality industry. The company offers...

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Why Banks Are Starting to Care About MACH Architecture
Why Banks Are Starting to Care About MACH Architecture
June 14, 2024  |  Digital-First Banking

Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  That’s why the finance industry must continually modernize the...

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State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
June 14, 2024  |  Identity

The U.S. State Department recently announced it is beta testing a public-facing program that enables would-be travelers to renew passports online. As of this week,...

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Walmart and Amazon Race to Digitize the Physical Store
Walmart and Amazon Race to Digitize the Physical Store
June 14, 2024  |  Retail

As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores,...

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