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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

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SOURCE Trace3

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Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

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Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/reliance-digital-brings-samsungs-latest-galaxy-z-fold8-series-and-galaxy-z-flip8-to-stores-across-india-302834321.html

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Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

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HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/weichais-five-tech-routes-global-debut-diverse-paths-to-a-green-smart-future-302834548.html

SOURCE Weichai Group

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Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

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