Banks and credit unions plan to increase technology budgets, with 88% expecting higher spending over the next two years, focusing on AI (48%), digital banking (38%), and data analytics (32%). They aim to improve operational efficiency, deposit growth, and payment capabilities amid economic uncertainty and competition from fintech and crypto firms. Key strategies include targeting younger accountholders, expanding small business services, and integrating new payment methods like tap-to-pay and FedNow. Despite interest in cryptocurrency, only 18% plan to support it by 2027, and few have formal strategies in place. This shift highlights the industry's adaptation to evolving customer needs and competitive threats.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
