Avidia Bank, a mutual community bank with $2.6 billion in assets, has taken a significant step to revolutionize its online and mobile banking services. By partnering with Q2, a renowned digital transformation solutions provider, Avidia aims to integrate advanced digital finance solutions and
Understanding the distinct financial habits and outlooks of Millennials (ages 28 to 43) and Generation Z (ages 12 to 27) is crucial for a nuanced perspective on personal finance. Influenced by their differing socio-economic contexts, these generations have developed unique approaches to money
The financial services industry is at the forefront of economic stability, dealing with a vast amount of sensitive data, including transaction records and personal client information. This unique position makes the sector an attractive target for cybercriminals. As cyber threats become increasingly
The landscape of core banking has undergone significant transformations over the past 40 years. Traditionally, the most valued asset was believed to be money; however, it has become evident that customers are, in fact, the most crucial asset for any financial institution. As emphasized by industry
The meteoric rise of generative AI has brought numerous benefits but also introduced unprecedented challenges, especially for the financial sector grappling with identity verification. With synthetic identities and deepfake attacks becoming increasingly sophisticated, banks face an urgent need to
The rise of the digital era has revolutionized banking, offering unprecedented speed and convenience to customers. However, it also exposes new vulnerabilities that cybercriminals increasingly exploit. Banks face the dual challenge of leveraging technology to enhance customer experience while
