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Evolve Technology Conference to Address $38.9B AI Market’s Impact on FinServ

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Trace3’s Evolve Technology Conference 2024 in Las Vegas, NV, will spotlight AI’s transformative role in the financial services industry. Featuring insights from thought leaders like Tony Olzak (CTO), Rich Fennessy (CEO) and Joe Quaglia (President), the event will explore AI’s impact on customer interactions, operational efficiency, and cybersecurity. As the sector’s AI adoption accelerates, Evolve provides a premier platform for IT leaders to explore innovative solutions.

IRVINE, Calif., Aug. 15, 2024 /PRNewswire-PRWeb/ — A survey revealed that 43% of consumers are willing to use artificial intelligence (AI) to answer financial questions. (1) This is just a glimpse of how this technology is revolutionizing the FinServ industry. With over 40% of financial institutions already using generative AI and an estimated investment of $35 billion just last year, the sector has become one of those with the highest AI adoption rates. (2) To explore opportunities presented by these transformative changes, the Evolve Technology Conference, hosted by Trace3 in Las Vegas, NV, will take place September 11-13, 2024. “AI models are revolutionizing customer interactions and operational efficiencies,” states Tony Olzak, CTO of Trace3, a leader in emerging technologies for over 20 years. “That’s why this year’s Evolve Technology Conference, will dive right into the latest trends and the broader implications of this phenomenon.”
Since 2008, the Evolve Technology Conference has provided an unparalleled platform for gaining firsthand insights from industry experts and pioneers. James Clear, biochemist and bestselling author of Atomic Habits, and Sully Sullenberger, U.S. Ambassador and “Miracle on the Hudson” Captain, will be among the keynote speakers in this year’s edition.
Evolve will include an invite-only, closed-door media event. In this exclusive space, reporters will gain access to Trace3’s clients who have implemented AI in FinServ. Journalists will be able to engage with expert speakers, who are driving these advancements, as well as analysts who can discuss the broader implications for the financial industry.

“Trace3’s Evolve Technology Conference 2024 in Las Vegas will spotlight AI’s transformative role in financial services, exploring impacts on customer interactions, operational efficiency, and cybersecurity. The event provides a premier platform for IT leaders to explore innovative solutions.”

The Challenges of Operating at the Speed of AI: Cybersecurity, Personalization and more

Even though finance experts have been using machine learning and data analysis tools for decades, the impact of Generative AI remains a question mark. But there’s no doubt that both private and public entities see huge potential in it:

The AI in Trade Finance Market is projected to reach a valuation of $38.9 billion by 2033 and the AI Market size is expected to be worth around $2,745 billion by 2032. (3)Last week, U.S. Senators Mike Rounds and Martin Heinrich of the bipartisan Senate Artificial Intelligence Caucus, introduced the “Unleashing AI Innovation in Financial Services Act,” which allows designated officials within federal financial regulatory agencies to experiment with AI tools without fearing enforcement actions, with the goal of facilitating innovation and economic growth. (4)

The Evolve Conference will delve into the unknowns that emerge in this evolving landscape such as the following:

AI adoption and IT investing: FinServ has no option but to move at the speed of AI as the biggest players in the industry step up their game and move in this direction. But the deployment of this technology can’t be rushed, and enterprises need to figure out how to invest smartly and prepare their workforce to be AI literate.Cybersecurity and Fraud Prevention: AI is enhancing cybersecurity and fraud prevention by detecting sophisticated threats and analyzing large transaction volumes for fraud. Advanced AI algorithms quickly identify fraudulent activities, addressing the complexity of evolving cyber threats. (5)Customer Service and Personalized Banking: With the integration of enterprise search in finance and banking, banks are now able to efficiently access and analyze vast amounts of customer data. Traditional chatbots have been evolving and AI offers new possibilities to enhance clients’ experiences. (6)

The Evolve Technology Conference, hosted by Trace3 in Las Vegas, NV, will take place September 11-13, 2024. It will feature general sessions, intimate breakout sessions, and networking events, making it the premier IT leadership and technology conference in the region. Attendees will have the opportunity to build lasting partnerships, discover innovative solutions, and unlock their organization’s potential. Invited reporters will be able to participate in the Media Event featuring a closed-door briefing and Q&A session.

About Trace3:
Today there is a great deal of noise in the technology industry around AI, but not much practical intelligence is offered. Trace3, based in Irvine, California, delivers over 20 years of expertise in delivering innovation in the form of emerging technology, providing unique technology solutions and consulting services to change this – and drive its implementation across enterprises. Their elite engineering and dynamic innovation provide convergent solutions that embrace emerging technology and drive measurable value. Trace3 embodies the spirit of a startup with the advantage of a scalable business. Trace3 believes that ALL Possibilities Live in AI. For more information, visit http://www.trace3.com.

References:
1. Haan, Katherine. “Over 75% of Consumers Are Concerned about Misinformation from Artificial Intelligence – Forbes Advisor.” http://www.forbes.com, 20 July 2023, forbes.com/advisor/business/artificial-intelligence-consumer-sentiment/.
2. “Artificial Intelligence (AI) in Finance – Statistics & Facts.” Statista, 5 Apr. 2024, statista.com/topics/7083/artificial-intelligence-ai-in-finance/#topicOverview.
3. Shinde, Yogesh. “AI in Trade Finance Market Set to Hit USD 38.9 Bn by 2033.” Market.us Scoop, 15 July 2024, scoop.market.us/ai-in-trade-finance-market-news/. Accessed 8 Aug. 2024.
4. Matt Bracken. “Financial Agencies’ AI Tests Could Get Reprieve from Enforcement.” FedScoop, FedScoop, 7 Aug. 2024, fedscoop.com/financial-regulatory-agencies-ai-testing-senate-house-bill/. Accessed 8 Aug. 2024.
5. Finn, Teaganne. “Top Financial Services Trends of 2024.” IBM Blog, 16 Jan. 2024, ibm.com/blog/financial-services-trends/.
6. “The Future of Banking: How Banks Are Implementing AI.” Investorideas.com, 2024, investorideas.com/news/2024/main/08076How-Banks-Implementing-AI.asp. Accessed 8 Aug. 2024.

Media Inquiries:
Karla Jo Helms
JOTO PR™
727-777-4629
jotopr.com

Media Contact

Karla Jo Helms, JOTO PR™, 727-777-4629, khelms@jotopr.com, jotopr.com

View original content to download multimedia:https://www.prweb.com/releases/evolve-technology-conference-to-address-38-9b-ai-markets-impact-on-finserv-302223174.html

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Who’s Working Remotely? Virtual Vocations Survey Highlights Evolving Jobseeker Demographics

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This survey underscores the diverse backgrounds and experiences of remote jobseekers, highlighting the growing demand for flexible work arrangements across various demographics.

TUCSON, Ariz., Dec. 27, 2024 /PRNewswire-PRWeb/ — With over 500 participants from the U.S. (69%) and international locations (31%), Virtual Vocations‘ 2024 demographics survey offers valuable insights into the evolving landscape of remote work. By comparing responses across these groups, the survey highlights shared experiences and unique challenges faced by jobseekers worldwide.

“Whether based in the U.S. or abroad, jobseekers are embracing remote roles to align their careers with their personal goals, and we’re proud to be a part of their journey.” –Laura Spawn, CEO and co-founder of Virtual Vocations

Although Virtual Vocations is a U.S.-based company, it supports international jobseekers through its fully remote job board and career resources, addressing the global demand for remote work opportunities. The company frequently receives inquiries from international members seeking to access fully remote roles, punctuating the worldwide appeal of flexible work arrangements.

“The 2024 demographics survey results reinforce what we’ve known for years—professionals around the world are seeking flexibility, balance, and opportunities to work from home,” said Virtual Vocations CEO Laura Spawn. “Whether based in the U.S. or abroad, jobseekers are embracing remote roles to align their careers with their personal goals, and we’re proud to be a part of their journey.”

Fully Remote Jobs Remain Most Desired

A significant 43% of U.S.-based jobseekers and 42% of international respondents named fully remote, no-travel jobs as their top preference. These roles, which allow employees to work entirely from home, offer flexibility, aligning with both personal and professional goals. Although occasional in-person requirements may arise, fully remote roles are favored over hybrid, partially remote, and “work from anywhere” options. These positions provide businesses with access to a broader talent pool and enable employees to prioritize workplace values and culture.

Top Industries for Remote Jobseekers

The survey also highlights four key industries attracting remote jobseekers worldwide. Information Technology (IT) stands out as the leading industry for remote roles, with significantly more job postings than any other field. Healthcare follows closely, benefiting from the growth of telehealth and remote medical roles. Customer service offers engaging opportunities for professionals interested in client interaction, while education presents a wide array of roles in online teaching, tutoring, and instructional design, fueled by the expansion of virtual learning.

Jobseekers’ Common Frustrations

Both U.S. and international jobseekers shared frustrations, particularly with online job scams. Jobseekers expressed dissatisfaction with the prevalence of scams, especially when searching for work-at-home positions. Despite relying on online job boards, only a quarter (23% of U.S. respondents and 24% of international respondents) use dedicated remote job boards, like Virtual Vocations, where job postings are thoroughly vetted to ensure they are free of scams. Additionally, many jobseekers expressed frustration with excessive job requirements and employers failing to provide feedback or “ghosting” applicants during the hiring process, with one-third of respondents from both groups reporting these issues.

Income Insecurity: A Global Concern

Income insecurity remains a pressing issue for both U.S. and international jobseekers, with many reporting their earnings as insufficient for comfortable living. Sixty-five percent of U.S. respondents and 77% of international respondents reported inadequate household incomes. Nearly half (48%) of U.S. jobseekers earn less than $60,000 annually, while 68% of international jobseekers earn under $30,000. To improve financial stability, many jobseekers have set income targets, with 30% of U.S. jobseekers aiming for $60,000–$89,999 and another 30% targeting at least $120,000. In contrast, international respondents generally require lower salaries, with 38% seeking $30,000–$59,999 and 32% aiming for $60,000–$89,999.

For a comprehensive analysis and additional insights, read the full demographics survey report here: https://www.virtualvocations.com/blog/annual-statistical-remote-work-reports/remote-work-demographics-survey-results-2024/

ABOUT VIRTUAL VOCATIONS
Founded in 2007 by CEO Laura Spawn and her brother, CTO Adam Stevenson, Virtual Vocations is a small company with a big mission: to connect jobseekers with legitimate remote job openings. To date, Virtual Vocations has helped more than four million jobseekers in their quests for flexible, remote work.

In addition to providing a database of current, hand-screened, and 100% remote job openings, Virtual Vocations offers jobseekers a number of tools to aid in their job searches, including exclusive career courses, downloadable jobseeker content, and career coaching and resume writing services. Virtual Vocations also releases several data-driven reports each year on current trends in remote work.

Virtual Vocations, Inc. is a private, family-owned, and 100% virtual company incorporated in Tucson, Arizona.

Media Contact

Kimberly Back, Virtual Vocations, Inc., 1 (800) 379-5092 x. 703, kim@virtualvocations.com, https://www.virtualvocations.com

View original content to download multimedia:https://www.prweb.com/releases/whos-working-remotely-virtual-vocations-survey-highlights-evolving-jobseeker-demographics-302339757.html

SOURCE Virtual Vocations, Inc.

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Judge Baker Children’s Center d/b/a The Baker Center for Children and Families Provides Notice of Data Security Incident

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BOSTON, Dec. 27, 2024 /PRNewswire/ — Judge Baker Children’s Center d/b/a The Baker Center for Children and Families (“The Baker Center”), a nationally recognized provider of services for children’s mental health, has learned of a data security incident that may have impacted certain personal and / or protected health information. On December 27, 2024, The Baker Center formally notified potentially affected individuals with available address information and provided resources to assist them.

On July 28, 2024, The Baker Center discovered unusual activity within its local digital storage environment. After taking immediate steps to ensure the environment was secure, The Baker Center enlisted independent cybersecurity experts to conduct an investigation to determine what happened and whether sensitive information may have been impacted. According to the investigation, an unauthorized actor gained access to The Baker Center’s systems between July 26 – 28, 2024 and may have downloaded certain files. Following a thorough review of the impacted files, on October 28, 2024, The Baker Center determined that certain individuals’ personal and/or protected health information was potentially impacted during the incident.

The information affected during this incident varies between individuals but may have involved the following: name, address, date of birth, Social Security number, driver’s license or other government identification number, financial account information, health insurance information, medical treatment or diagnosis information, and/or clinical information.

On December 27, 2024, The Baker Center mailed notification letters to potentially impacted individuals with verifiable address information. The letters include information about this incident and about steps that potentially impacted individuals can take to monitor and help protect their personal and protected health information. The Baker Center has established a toll-free call center to answer questions about the incident and to address related concerns. The call center can be reached at 844-920-8988, Monday through Friday from 9:00 AM to 9:00 PM Eastern time

The Baker Center takes the security and privacy of information in its possession very seriously and is taking steps to prevent a similar event from occurring in the future. The Baker Center deeply regrets any inconvenience or concern this incident may cause.

View original content:https://www.prnewswire.com/news-releases/judge-baker-childrens-center-dba-the-baker-center-for-children-and-families-provides-notice-of-data-security-incident-302339677.html

SOURCE The Baker Center for Children and Families

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outboundIQ Achieves Certified Implementation Partner (CIP) Status with Five9

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Delivering Optimized, Outbound-Focused Contact Center Solutions for Modern Businesses

LAUDERDALE LAKES, Fla., Dec. 27, 2024 /PRNewswire/ — outboundIQ www.outboundiq.com proudly announces its accreditation as a Five9 Certified Implementation Partner (CIP), a distinction that reflects its deep expertise in optimizing and streamlining outbound-focused contact center operations. With a team of seasoned Five9 veterans, expert programmers, and industry thought leaders, outboundIQ is uniquely equipped to help businesses of all sizes unlock the full potential of Five9’s Virtual Contact Center platform.

Optimized Solutions for Complex Contact Center Needs
outboundIQ specializes in providing expedited, outbound-focused contact center implementations, integrating advanced features such as inbound and outbound Voice, SMS, Chat, Email, Salesforce Integration, and other third-party app integrations. Clients can also leverage ongoing optimization engagements and monthly retainers for strategic consulting designed to support long-term, outreach-focused success.

“Who better to handle your domain configuration than the experts that understand the outbound contact center world. To be an outbound expert, you must know 3 things; how to configure the domain front end, how the architecture interprets that design, and how carriers respond to your dialing behavior as a result of the build. outboundIQ has the advantage of deeply understanding all 3 things. Our experts are seasoned professionals that will guide toward the best build for your business. You tell us about your business, your needs and your processes, and we will build you a domain fit for purpose. outboundIQ offers best in class Domain Optimization, Implementation and Consulting for customers of all sizes and complexity. Due to our methodology and proprietary automations, we are able to bring our customers’ projects to life within accelerated timeframes.”

Jessica Clay, VP Support and Services

“We launched our business in June and were fortunate to connect with the incredible team at outboundIQ early on. Navigating the world of outbound calling and building efficient prospecting systems isn’t easy, but the entire team at outboundIQ brought our vision to life seamlessly. They implemented our ideas quickly and executed them flawlessly. Since partnering with them, our contact rates have significantly improved, our conversions have increased, and our overall business is thriving. We’re deeply grateful for this collaboration and look forward to continuing our work together on future endeavors!”

– Tim, Lit Financial

“I genuinely don’t know enough ways to thank the entire outboundIQ team. I inherited a domain riddled with mistakes, tangled beyond belief, and I had essentially planned to scrap the whole thing and start over. That’s when this team, led by Jessica Clay’s brilliance, took over to understand exactly what I wanted to create and completely revitalized my domain. We are all beyond thankful as they continue to consult for us to this day and I see no reason to stop. Thank you, Jessica, Jason, Rudy, Bruno, Sandy and everyone who gets the pleasure of working with these domain geniuses!”

– Michael, Lifetime Home Remodeling

A Holistic Approach to Outbound Excellence
Creating a competitive, consumer-focused outreach program requires more than just advanced technology. As outboundIQ explains, a thriving contact center functions like a high-performing racing team:

The Car: Five9 Virtual Contact Center provides a cutting-edge technology foundation.The Driver: Strong Dialer Administrators who skillfully manage operations.The Pit Crew: IT/Support teams ensuring seamless functionality.The Spotters: Data Analytics and Reporting experts optimizing performance.The Fuel: High-quality data driving better outcomes.

outboundIQ’s professional services team brings these critical elements together, ensuring clients achieve best-in-class outbound operations that prioritize consumer experience while maintaining a competitive edge.

A Call to Collaboration
With its new CIP certification, outboundIQ invites businesses to explore select partnership opportunities and projects to reimagine their contact center operations. Whether through expedited implementations or ongoing strategic consulting, outboundIQ is committed to driving measurable results for its clients.

About outboundIQ
outboundIQ delivers optimized, outbound-focused contact center implementations, combining years of Five9 expertise with cutting-edge strategies to help businesses achieve exceptional outreach outcomes. As a Five9 Certified Implementation Partner, outboundIQ provides tailored solutions to meet the unique needs of modern organizations.

About Five9
Five9 is a digital enterprise’s leading cloud contact center and software provider. The Five9 Intelligent CX Platform is reliable, secure, compliant, and scalable, designed to create exceptional personalized customer experiences.
www.five9.com

Media contact: 
Sandy Tafur
Phone: 404-660-5314
mail: sandy@outboundiq.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/outboundiq-achieves-certified-implementation-partner-cip-status-with-five9-302339797.html

SOURCE outboundIQ

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