Generation

Press release - Deal on mid-term revision of EU’s long-term budget

Retrieved on: 
Wednesday, February 7, 2024

Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.Committee on Budgets Source : © European Union, 2024 - EP

Key Points: 


Following talks with EU member states, MEPs reached an agreement on the revision of EU’s long-term budget, addressing unforeseen challenges like Russia’s invasion of Ukraine.Committee on Budgets Source : © European Union, 2024 - EP

New Survey Finds Generation Z Wants Greater Personalization with Credit Reward Programs

Retrieved on: 
Monday, February 5, 2024

i2c Inc. , a leading provider of banking and payments solutions, and PYMNTS Intelligence, have released the results of a new survey revealing Generation Z is largely dissatisfied with many existing credit card reward structures and instead would prefer innovative, personalized incentives.

Key Points: 
  • i2c Inc. , a leading provider of banking and payments solutions, and PYMNTS Intelligence, have released the results of a new survey revealing Generation Z is largely dissatisfied with many existing credit card reward structures and instead would prefer innovative, personalized incentives.
  • i2c sponsored the survey, which was conducted by PYMNTS Intelligence.
  • A cross section of 3,233 consumers in the United States were polled between Nov. 14 and Nov. 28, 2023 to explore consumer behaviors and attitudes related to the rewards offered by credit card loyalty programs.
  • Download to see full insights into what drives interest in and usage of credit card loyalty programs among each generation, pain points associated with rewards, and the importance of personalization to these audiences.

Generation Lab Emerges from Stealth with Funding Round and Mission to Extend the Human Healthspan – Waitlist for Its Clinically Driven At-Home Aging Test + Personalized Aging Intervention Opens Today

Retrieved on: 
Tuesday, January 30, 2024

The company works with clinicians who can recommend personalized interventions, and Generation Lab can measure the effectiveness of these over time.

Key Points: 
  • The company works with clinicians who can recommend personalized interventions, and Generation Lab can measure the effectiveness of these over time.
  • These diseases are a major cause of morbidity and mortality and place a significant burden on our healthcare system.
  • Moreover, the biological age is quantified by Generation Lab for each function of the body: inflammation, regeneration, homeostasis, reproduction, etc.
  • After subsequent Generation Lab tests, your clinician can review how effective each intervention was and its impact on your health and rate of aging.

Partnering for the Win: How Employers and Benefits Providers Can Succeed With Gen Z

Retrieved on: 
Thursday, February 1, 2024

A recent survey from The Standard found that Gen Z wants what other generations want: near- and long-term financial security.

Key Points: 
  • A recent survey from The Standard found that Gen Z wants what other generations want: near- and long-term financial security.
  • Gen Z’s focus on traditional benefits means employers can emphasize core offerings without necessarily investing in costly new programs.
  • The Standard’s study also shows Gen Z holds benefits and retirement plan providers to a higher standard when it comes to addressing societal challenges.
  • By expecting more from benefits and retirement plan providers, Gen Z may be signaling they trust them to do more.

Boomi Secures Two Patents for AI Innovation

Retrieved on: 
Wednesday, January 31, 2024

These patents boost Boomi's total patent number to 36, underscoring the company's commitment to innovation and its ongoing efforts to push the boundaries of AI advancement.

Key Points: 
  • These patents boost Boomi's total patent number to 36, underscoring the company's commitment to innovation and its ongoing efforts to push the boundaries of AI advancement.
  • View the full release here: https://www.businesswire.com/news/home/20240131961796/en/
    Boomi Secures Two Patents for AI Innovation (Graphic: Business Wire)
    The newly granted U.S. Patent No.
  • 11,886,965, titled “Artificial-Intelligence-Assisted Construction of Integration Processes,” encompasses the underlying technology of features that allow Boomi’s customers to build integrations based on Boomi suggestions, including Shape Suggest, Quick Start, and more recently, Boomi AI .
  • This allows Boomi customers to build hybrid chatbots that combine rules-based connectivity, natural language processing, Boomi logic, and AI technologies to triage and route requests coming into the chatbot.

Westinghouse, Bechtel Sign Cooperation Agreement with Czech Power Industry Alliance

Retrieved on: 
Wednesday, January 31, 2024

Westinghouse Electric Company, along with construction partner Bechtel, today signed a cooperation agreement with the Czech Power Industry Alliance.

Key Points: 
  • Westinghouse Electric Company, along with construction partner Bechtel, today signed a cooperation agreement with the Czech Power Industry Alliance.
  • (Photo: Business Wire)
    The agreement establishes a working group to facilitate participation of Czech companies in the deployment of up to four AP1000® reactors at Dukovany and Temelin nuclear power plants.
  • “We see the signing of this agreement as a very important step in the mutual cooperation of all parties involved.
  • The working group’s efforts will ensure maximum involvement of the Czech industry in the construction of new nuclear power sources in the Czech Republic as a truly strategic partner of the AP1000 technology," said Josef Perlík, Alliance Executive Director.

Financial Institutions Expected to Boost AI Investments for Customer Service in 2024, New Syntellis Report Finds

Retrieved on: 
Tuesday, January 30, 2024

Syntellis' 2024 CFO Outlook for Financial Institutions report draws on annual survey data from finance leaders at banks, credit unions, farm credit associations, and other financial institutions across the U.S.

Key Points: 
  • Syntellis' 2024 CFO Outlook for Financial Institutions report draws on annual survey data from finance leaders at banks, credit unions, farm credit associations, and other financial institutions across the U.S.
  • More than a third (37%) of financial institutions remain undecided on whether to implement FedNow.
  • Generation Z is a primary customer target for nearly half (48%) of financial institutions.
  • Just 12% of survey respondents said their institutions use AI tools for customer service, such as chatbots to expedite customer communications, while only 8% use AI to personalize the customer experience.

ResumeBuilder.com Survey Reveals 3 in 10 Hiring Managers Admit They Avoid Hiring Gen Z Job Candidates

Retrieved on: 
Sunday, February 4, 2024

SEATTLE, Feb. 4, 2024 /PRNewswire-PRWeb/ -- ResumeBuilder.com, the premier resource for professional resume templates and career advice, has published a recent survey report that examines how hiring managers perceive Generation Z workers. The report also shares insight into hiring managers' beliefs regarding the weaknesses of Gen Z employees. Overall, ResumeBuilder.com experts surveyed 782 workers involved in hiring – hiring managers – for entry-level positions in the United States.

Key Points: 
  • The report also shares insight into hiring managers' beliefs regarding the weaknesses of Gen Z employees.
  • Overall, ResumeBuilder.com experts surveyed 782 workers involved in hiring – hiring managers – for entry-level positions in the United States.
  • According to the survey, 31 percent of hiring managers say they avoid hiring Gen Zers in favor of older workers.
  • Hiring managers claim that Gen Zers ask for too much money, act entitled, and lack communication skills during the hiring process.

Virtual Power Plant Market worth USD 5.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 31, 2024

Based on vertical, the Virtual Power Plant Market has been split into commercial, industrial, and residential.

Key Points: 
  • Based on vertical, the Virtual Power Plant Market has been split into commercial, industrial, and residential.
  • Industries benefit significantly from virtual power plants' optimization capabilities, enhancing grid reliability and reducing operational costs, driving their prominence in this market segment.
  • Based on technology, the Virtual Power Plant Market has been split into demand response, supply side, and mixed asset.
  • Middle East & Africa is expected to be the second fastest region in Virtual Power Plant Market during the forecast period.

Virtual Power Plant Market worth USD 5.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 31, 2024

Based on vertical, the Virtual Power Plant Market has been split into commercial, industrial, and residential.

Key Points: 
  • Based on vertical, the Virtual Power Plant Market has been split into commercial, industrial, and residential.
  • Industries benefit significantly from virtual power plants' optimization capabilities, enhancing grid reliability and reducing operational costs, driving their prominence in this market segment.
  • Based on technology, the Virtual Power Plant Market has been split into demand response, supply side, and mixed asset.
  • Middle East & Africa is expected to be the second fastest region in Virtual Power Plant Market during the forecast period.