Digital Transformation/page/2 news and trends

Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration
Partnerships // July 19, 2024

In a business landscape that moves fast, standing still can be fatal. Digital innovation has sharpened the knife of inertia, and the collaboration between traditional banks and FinTech companies is becoming crucial for competitive differentiation. The partnership between banks and FinTechs allows each party to...

Japan’s Boomers and Seniors Don’t Like Digital. Why That’s a Problem.
Connected Economy // July 19, 2024

In the Land of the Rising Sun, where tradition meets technology, Japan is navigating a digital crossroads. Despite pioneering 3G technology and boasting a vibrant mobile culture, the nation finds itself grappling with a curious paradox: While at the forefront of technological innovation, its digital...

Netflix Adds 8 Million Subscribers, Touts Advertising Revenue 
Streaming // July 18, 2024

Netflix released its second-quarter earnings on Thursday (July 18), emphasizing its ongoing foray into the advertising realm initiated in late 2022. The streaming giant posted a 17% surge in revenue to $9.56 billion, buoyed by a 16% year-over-year uptick in average paid memberships, with an...

Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’
Earnings // July 18, 2024

Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond. The global data, analytics and technology company said in a Thursday (July 18) earnings release that it is leveraging its new EFX Cloud and...

Interviews & Exclusives
Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration

July 19, 2024
In a business landscape that moves fast, standing still can be fatal. Digital innovation has sharpened the knife of inertia, and the collaboration between traditional banks and FinTech companies is becoming crucial for competitive differentiation. The partnership between banks and FinTechs allows each party to focus on its core strengths. Banks can continue to offer […]

Japan’s Boomers and Seniors Don’t Like Digital. Why That’s a Problem.

July 19, 2024
In the Land of the Rising Sun, where tradition meets technology, Japan is navigating a digital crossroads. Despite pioneering 3G technology and boasting a vibrant mobile culture, the nation finds...

How the World Does Digital: Germany Lags in Digital Engagement

July 18, 2024
As the largest economy in the European Union, Germany surprisingly ranks near the bottom in digital engagement among the 11 countries studied in PYMNTS Intelligence’s “How the World Does Digital”...

Insurance Industry $500 Billion Digital Shift Driven by Gen Z Expectations

July 17, 2024
As the second half of 2024 unfolds, the insurance sector finds itself in the midst of a profound shift. How profound? According to at least one industry insider, the digital...

Quick Reads
CrowdStrike CEO Updates Solutions to Global Microsoft Outage

July 19, 2024
The outage that continued to snarl systems from airports to stock exchanges Friday morning started when it struck users of Microsoft’s Windows operating system late Thursday (July 18) and early Friday (July 19) and was caused by cybersecurity firm CrowdStrike’s software update, CrowdStrike CEO George Kurtz said in a Friday post on X. “CrowdStrike is […]

Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’

July 18, 2024
Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond. The global data, analytics and technology company said...

Monzo Debuts Digital Bank Accounts for Kids Under 16

July 17, 2024
 British digital bank Monzo is launching a free account for children under 16. The bank on Wednesday announced the waitlist for Monzo for Under 16s, designed to offer money management...

Tencent Cloud and PlaysOut Partner on Embedded Services for Super Apps

July 15, 2024
Tencent Cloud and PlaysOut have unveiled a collaboration on embedded services for super apps. PlaysOut, a global gaming technology company, will leverage the Tencent Cloud Mini Program Platform (TCMPP) to...