Credit Unions Face Tough Tech Choice: Pay Up or Fall Behind – The Financial Brand “Perhaps the largest challenge facing credit unions today is the financial investment that is required to meet members’ digital demands and effectively compete with big banks and other financial institutions. ‘It isn’t cheap, but it’s a cost of doing business,…
Month: July 2025
Ai Weekly – Jul 20
As consumers embrace digital banking they’re turning their eye toward AI-powered features “For some younger consumers, the appeal of innovation and futuristic technology helps them imagine more of their future banking experiences. Sixteen percent of millennials and 18% of Gen Z said they’d be interested in neural implants for instant financial updates within the next…
Prime Day event drove over $24B in US e-commerce sales, GenAI traffic was up 3,300%
“As a result, the figures for the use of GenAI driving online shopping were higher as well, indicating increased consumer interest in using generative AI-powered chat services and browsers as online shopping assistants. However, this AI-driven traffic still remains much smaller than other channels like email or paid search, Adobe noted…Another growing channel for driving…
Ai Weekly – Jul 13
The Truth About Banking’s AI Challenges “To overcome the aforementioned obstacles and scale AI effectively, banks and financial institutions must consider the following steps: Read more >> Banking on gen AI in the credit business: The route to value creation “Taking action: Five steps to accelerate the journey While many of the challenges first identified…