![[24]7.ai's Video Chat Feature Enables Patelco to Lead the Way in Personalized Digital Banking](/_next/image?url=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2691523%2F24_7_ai_Logo.jpg%3Fp%3Dtwitter&w=3840&q=100)
[24]7.ai's Video Chat Feature Enables Patelco to Lead the Way in Personalized Digital Banking
CAMPBELL, Calif., May 20, 2025 /CNW/ -- [24]7.ai, a global CX leader, has partnered with Patelco, a leading California credit union, to revolutionize digital banking experiences with the deployment of its next-generation Video Chat feature. This strategic rollout seamlessly blends convenience with real-time human support and marks a pivotal shift in how banks and credit unions serve their members.
Through this collaboration, Patelco is bringing high-touch service directly into their members' homes and devices. Whether opening an account, resolving a complex issue, or getting financial advice, Patelco members can now instantly connect with virtual agents face-to-face through a seamless, browser-based video experience—no downloads, no delays, just instant access to personalized support.
"This is not just an enhancement to our customer support; this is a paradigm shift in how we build trust, deliver value, and meet our members where they are. [24]7.ai has been an ideal partner in our journey, and with the launch of their cutting-edge video chat feature, we're sure to drive stronger member relationships, higher resolution rates, and greater operational efficiency," said Venky Annadurai, VP, Development & Engg., Patelco
Revolutionizing the Digital Banking Experience
The new Video Chat feature—rolled out to Patelco's members and communities with 16 Virtual agents—is redefining modern banking experiences. Members can now initiate or schedule video calls as needed, supported by powerful, intuitive tools including microphone/camera controls and screen sharing. Virtual agents can seamlessly collaborate with specialists during the video call to address complex issues, accelerating resolution times and ensuring greater accuracy. In the future, every session will be recorded, supporting quality assurance efforts and enabling effective training and continuous optimization.
"Patelco's visionary approach to digital banking has made them a phenomenal partner, and we're thrilled to see how they're leveraging our platform to transform member engagement. This partnership is proving that when innovation meets the right technology, the result is a smarter, more secure, and deeply connected member experience, and this is setting a new standard in the credit union space," said Jeetu Narayan, General Manager, Products & Cloud Business, [24]7.ai
A Holistic Transformation in Member Engagement
This latest launch builds on Patelco's long-standing partnership with [24]7.ai, which has already modernized multiple touchpoints across the member journey. From AI-powered chatbots that deliver instant, accurate answers, to secure messaging over Apple Messages for Business and SMS, and multimodal authentication tools, Patelco is meeting modern customer demands at scale. As [24]7.ai continues to lead the CX evolution, this collaboration represents a key milestone in Patelco's journey and sets a new benchmark for digital-first, human-centric experiences in the BFSI sector.
About [24]7.ai
[24]7.ai is a global leader of Customer Experience (CX) solutions and services and a trusted partner to the world's leading brands for over two decades. For over 24 years, we have been at the forefront of CX innovation, delivering significant business improvements to the world's best brands. With CX Solutions and Services, which blend our deep operational expertise, omnichannel support, and award-winning AI-powered products – we deliver consistent, proactive, and hyper-personalized experiences for customers of top global brands. We employ a 15,000+ strong global workforce across 18 locations and 11 countries. For more information, visit https://www.247.ai.
Media contact:
About Patelco Credit Union
Patelco Credit Union is a not-for-profit credit union committed to serving the financial health and well-being of its membership.
With more than $9 billion in assets, Patelco empowers its 500,000 members to live their best financial lives by offering personalized solutions, advice, and expertise. The company was founded in 1936 with $500 by Pacific Telephone and Telegraph Company employees and is based in Dublin, CA.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
an hour ago
- Globe and Mail
Billionaire Money Managers Are Selling Nvidia Stock Hand Over Fist, With One Notable Exception
For the last two and a half years, no trend has captivated more attention or capital from investors than artificial intelligence (AI). With AI, software and systems are capable of making split-second decisions without the need for human intervention. This is a technology with seemingly limitless long-term potential. With AI offering some form of utility in virtually all industries around the globe, the analysts at PwC pegged its worldwide impact on gross domestic product by 2030 at $15.7 trillion. A figure this massive ensures there will be a long list of winners. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » No company has been a more direct beneficiary of the evolution of AI than Nvidia (NASDAQ: NVDA), whose market cap skyrocketed by more than $3 trillion in less than two years. But what's interesting is how Wall Street's most prominent billionaire money managers have approached Nvidia stock. Specifically, billionaire investors have been selling shares of Nvidia hand over fist... with one notable exception. Billionaire Chase Coleman continues to load up on Nvidia No later than 45 calendar days following the end to a quarter, institutional investors overseeing at least $100 million in assets are required to file Form 13F with the Securities and Exchange Commission. This filing details for investors which stocks Wall Street's smartest money managers were buying and selling in the latest quarter. Whereas most billionaires have been persistent sellers of Nvidia stock (a topic I'll touch on a bit later), Tiger Global Management's billionaire chief Chase Coleman has been the exception. Accounting for Nvidia's historic 10-for-1 forward split that was enacted in June 2024, Coleman's fund has expanded its stake in the company from 9,683,550 shares, at the end of 2023, to 10,967,550 shares, as of the end of March 2025. Coleman's investment strategy has historically focused on a mix of large- and small-cap growth stocks, with a tendency to lean into next-big-thing trends and innovations. The rise of artificial intelligence certainly fits the mold of a game-changing trend that would interest Tiger Global's billionaire investor. Chase Coleman choosing to expand his fund's exposure to Nvidia likely has to do with one or more of the following four factors. First, Nvidia's share of the graphics processing unit (GPU) market in high-compute data centers can be described as monopoly like. Businesses have lined up to purchase Nvidia's Hopper (H100) and successor Blackwell GPUs, and there's been no evidence that demand for these products has slowed. Wall Street tends to reward companies with perceived-to-be sustainable moats. Secondly, AI-GPU scarcity has been working in Nvidia's favor. Even with Wall Street's AI darling and other direct competitors pushing out as many GPUs as possible, the chip fabrication supply chain is currently maxed out. With demand heavily outpacing the supply of AI-GPUs, Nvidia has been able to charge a triple-digit percentage premium for Hopper and Blackwell, relative to some of its direct rivals. This helped to lift Nvidia's gross margin above 70%. The third factor that likely played a role in enticing Coleman to expand his fund's Nvidia stake is CEO Jensen Huang's ambitious innovation timeline. Huang is overseeing the debut of a new advanced AI chip on an annual basis. Blackwell Ultra (second-half of 2025), Vera Rubin (second-half of 2026), and Vera Rubin Ultra (second-half of 2027) are next in line after the ultra-popular Blackwell chip. Nvidia looks to be in no danger of ceding its clear-cut compute advantages in AI-accelerated data centers. Fourth and finally, Nvidia stock tumbled at times during the first quarter, which may have brought its forward-year earnings multiple down to a level that intrigued Coleman. Most billionaire money managers have been persistent sellers of Nvidia stock -- here's why However, Chase Coleman's actions are out of the ordinary among billionaire fund managers. Since Nvidia stock kicked off its historic run-up, most billionaires have pared down their exposure to the AI colossus or completely exited their respective positions: Stanley Druckenmiller of Duquesne Family Office sold all 9,500,750 shares of Nvidia stock between June 30, 2023 and Sept. 30, 2024. Stephen Mandel of Lone Pine Capital dumped all 6,416,490 shares between June 30, 2023 and June 30, 2024. David Tepper of Appaloosa shed 97% of his fund's stake (9.95 million shares sold) in Nvidia since Sept. 30, 2023. Philippe Laffont of Coatue Management has sent over 41.2 million shares to the chopping block since March 31, 2023 and reduced his fund's holdings by 83%. Israel Englander of Millennium Management, who regularly hedges with put and call options, has trimmed nearly 28.3 million shares (a 75% reduction) since Sept. 30, 2023. This persistent selling activity may well be explained by nothing more than simple profit-taking. We've never witnessed a megacap stock gain $3 trillion in market cap in less than two years before, which has offered plenty of opportunity for billionaires to cash in their chips. But there may be more to this consistent selling than just a desire to take profits. For example, competition is inevitable in AI-accelerated data centers. Even if Nvidia continues to be the preferred option in high-compute data centers, it's unlikely to retain its monopoly like market share as direct competitors ramp up their GPU production. Growing competition looks to be weighing on Nvidia's superior gross margin. NVDA Gross Profit Margin (Quarterly) data by YCharts. What's potentially more worrisome is that most members of the "Magnificent Seven" are internally developing AI chips to use in their data centers. While these GPUs are no threat to Nvidia's compute advantages, they are notably cheaper and not backlogged due to demand. The mere presence of these chips means less future opportunity for Nvidia's hardware, as well as less in the way of premium pricing power. There's also the very real possibility of Jensen Huang's accelerated innovation timeline hurting, not, helping, his company. Though bringing a new chip to market annually will cement its compute advantage, it has the potential to quickly depreciate the value of prior-generation chips. Wagering on Nvidia's largest customers to upgrade their hardware on an annual or near-annual basis is risky and may not pay off. Perhaps the biggest concern for a majority of billionaire money managers selling Nvidia stock is the prospect of history rhyming. Every game-changing trend and innovation for more than three decades has endured an eventual bubble-bursting event early in its expansion. This is due to investors overestimating the mainstream adoption and/or utility of a new technology or innovation. Considering that most businesses aren't generating a positive return on their AI investments, nor have they optimized their AI solutions, it looks to be a matter of time before the AI bubble bursts. If history were to rhyme, no company would be expected to take it on the chin more than Nvidia. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,102!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $882,344!* Now, it's worth noting Stock Advisor 's total average return is996% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025


Cision Canada
2 hours ago
- Cision Canada
LONGi Officially Launches HIBC Technology and True 700W module on the SNEC2025
SHANGHAI, June 12, 2025 /CNW/ -- On June 11, LONGi officially released its newly developed HIBC technology and mass-produced module products at the 18th (2025) International Solar Photovoltaic Exhibition (SNEC). HIBC creates a precedent in the industry, achieving a power of over 700W for the first time based on the standard size of 2382mm×1134mm, and the efficiency of mass-produced modules is close to 26%, comprehensively leading the efficiency of photovoltaic modules into the '25%+Era'. HIBC, a Better Solution for 'High Value and Reliability' HIBC (Hybrid Interdigitated Back-Contact), high-low temperature composite passivated back contact technology, which integrates the characteristics of HJT and BC, and realizes large-scale mass production of modules for the first time in the world. Zhong Baoshen, Chairman of LONGi, said at the press conference that this is another peak climbed by LONGi in technological innovation and another major innovation by LONGi on the BC technology route. In April 2025, certified by the Institute for Solar Energy Research Hamelin (ISFH) in Germany, the conversion efficiency of HIBC cells reached 27.81%, creating a new world record. Zhong Baoshen said that conversion efficiency is not only the lighthouse of photovoltaic technology but also the lifeblood of photovoltaic products. LONGi has always actively called for "improving power on the same area or standard size, that is, increasing unit yield." "Simply improving efficiency through physical stacking and area expansion brings limited customer value; at the same time, the risks of reliability and quality are obvious after the area is expanded." Zhong Baoshen said. Although LONGi's HPBC 2.0 products have formed a leading edge in the market-72-piece standard-size modules, continuing to lead TOPCon products by 30W-LONGi has not stopped technological innovation and product R&D. 259W/㎡ LONGi First Proposes 'Power Density' The HIBC technology product officially unveiled at the press conference achieves a power of over 700W with a standard size of 2382mm×1134mm, a power density of more than 259W/㎡, and a module efficiency of 25.9%. "This is currently the most efficient industrial photovoltaic product in the world. Through the improvement of efficiency, we called unit yield, the unity of high value and reliability is truly achieved." Zhong Baoshen said. Compared with other 700W modules of the same power in the industry (most of the sizes are 2384mm×1303mm), this module has an area 0.4㎡ smaller, but the power density is 34W/㎡ higher, completely breaking the previous logic that "large size brings high power." This is also the first time that LONGi has put forward the concept of "power density" in the industry. "LONGi has always adhered to technological innovation, always adhered to high-quality standards, and put customer interests first." The power density of this module is as high as 259W/㎡, which will be a more valuable choice for both the increasingly scarce land and the roof. Another great value brought by HIBC technology is to comprehensively lead the efficiency of mass-produced photovoltaic modules into the "25%+Era". As we all know, in the PERC era, the module efficiency was22%+, TOPCon brought 23%+, and the gate of 24%+ module mass production efficiency was opened by BC. Now, the 700W module released by LONGi is the result of superimposing HJT high-quality passivation technology on BC. "We have taken less than three years to improve the efficiency of photovoltaic modules to a new level, which also fully proves the high expandability of BC technology-it has a larger efficiency improvement space," Zhong Baoshen said. "Father of Solar Energy", Professor Martin Green of the University of New South Wales in Australia, also highly affirmed LONGi's innovation in BC technology at the press conference. "We recently updated the world solar cell efficiency list, and LONGi's HIBC technology topped, ranking first, which is also due to LONGi's unremitting efforts on the BC technology track." In addition, HIBC products use high-density packaging technology, and the cell screen occupation ratio is increased from 93.2% to 95.1%, which can greatly increase the light absorption area and truly achieve a balance between reliability and high efficiency. On May 7 this year, the EcoLife series, officially released by LONGi at the Intersolar exhibition, is a mass-produced product based on HIBC technology. The mass-produced cell efficiency of this module is 27.3%, and the module efficiency exceeds 25%. Starting from the End, Further Building a BC Ecosystem At this press conference, Zhong Baoshen also disclosed the achievements of the BC ecosystem construction since it officially launched in 2023. As of the end of May 2025, LONGi has cumulatively carried out technical docking with 191 global partners, reached 55 cooperation, covering 7 major fields including silicon wafers, cells, modules, system solutions, hydrogen energy, biomass, and engineering technology, and achieved initial revenue of 1.95 billion yuan. At the SNEC on May 24, 2023, LONGi officially released the STAR Innovation Ecological Collaboration Platform to the world, aiming to build a global collaborative innovation ecosystem with the "Global Zero Carbon Technology Innovation Center" as the core. On July 3, 2024, at the opening ceremony of the Global Distributed R&D Center, LONGi officially announced the operation rules for building the BC ecosystem, including three value propositions, three cooperation principles, and four modules of partner evaluation, model selection, technical empowerment, and value sharing, aiming to ensure implementation through a professional organization, full-chain process, digital system, and full-cycle monitoring. "Our original intention is still to start from the end and be committed to planting the black land that leads the healthy, benign, and sustainable development of the photovoltaic industry," Zhong Baoshen said. In the future, LONGi will further expand and deepen cooperation to improve and amplify the value of BC technology, so that it can penetrate into thousands of industries and households.


Cision Canada
2 hours ago
- Cision Canada
Anna Ridler and Sofia Crespo win the Artists of the Year category of the Arab Bank Switzerland's Digital Art Prize 2025
The ABS Digital Art Prize was founded in 2023 as the first award by a major institution to recognize and celebrate on-chain digital artists. Artist of the Year 2025 category has been won jointly by Anna Ridler and Sofia Crespo. Emerging Artist of the Year 2025 is announced as Cezar Mocan. GENEVA, June 12, 2025 /CNW/ -- The creative partnership between Anna Ridler and Sofia Crespo has won the Artist of the Year Category of the ABS Digital Art Prize. The winners have been selected by the judges to reflect the artistic journey and impact on digital art that has been created by these two established artists over the course of their careers. They will be offered significant networking and visibility opportunities with a solo show or an exhibition at a cultural institution within the next 12 months. The Emerging Artist of the Year category has been won by Cezar Mocan for his artwork World Upstream. Cezar's piece will be included in the Arab Bank Switzerland: Art Collection. The prize is the first of its kind to recognize digital artists. It's all star jury in the digital art world includes Alejandro Cartegena, an international leading curator for digital art; Eleonora Brizi founder of Breezy Art; Marlène Corbun, Head of Contemporary Art for LaCollection; Mimi Nguyen, PhD a lecturer at Central Saint Martins; Rani Jabban, Managing Director of Arab Bank Switzerland and Sébastien Montabone l President of the third ABS Digital Art Prize and a leading curator of digital art working with museums and major collectors globally. Rani Jabban, Managing Director of Arab Bank Switzerland, added: "As a patron of the arts, closely involved in the digital asset space, we are proud to establish a global art prize that supports and promotes digital artists whilst raising awareness of this fast-evolving art sector. The extraordinary quality of the beautiful and thought-provoking work shared with us by the competing artists and the rapidly growing interest in Digital Art from our younger clients all send a clear message: Digital Art is the future of Art." Artist of the Year 2025 The winning collaboration between Anna Ridler and Sofia Crespo commenced in 2023 to combine analog photography and AI to explore the interplay between nature and technology. Well-known works include Snapshots Orchids (pictured) which employs AI-generated imagery to provoke reflection on our interactions with nature framed increasingly through lenses and screens. Their work has been showcased at prominent venues, including Paris Photo 2023 and the Frieze Gallery in London, underscoring the partnership's impact on the digital art scene. Anna Ridler is a British artist and researcher renowned for her pioneering work at the intersection of art, data, and machine learning. She is celebrated for creating visually rich works that examine the biases and ethical implications of these technologies. Ridler's work has been exhibited at prestigious institutions worldwide, including the V&A, the Barbican Centre, Centre Pompidou, HeK Basel, the ZKM Karlsruhe, and Ars Electronica. Sofia Crespo is an Argentine artist based in Lisbon, Portugal, who explores the convergence of AI and biological systems. Her work examines humanity's evolving relationship with technology across time. She has exhibited globally at prestigious venues including Art Basel, Ars Electronica, the V&A and MAC Lyon. Sebastien Montabonel, President of the Jury, commented: "Congratulations to our Artist of the Year prize winners, Anna, and Sofia. The explosion of creativity we are seeing in Digital Art makes this competition tougher every year, yet their contribution to the space stands out with concepts and execution that are not just visually elegant and emotive but also at the cutting edge of innovation." Emerging Artist of the Year Cezar Mocan wins the first ever Emerging Artist of the Year award with his work, World Upstream. Set in a fictional future World Upstream asks what remains once labour becomes obsolete due to AI. The work exists in a game engine and presents as a film which edits itself in real time and never ends. Mocan is a Lisbon-based artist and computer programmer interested in the interplay between technology and the natural landscape. His work has already been displayed in top tier galleries around the world. Sebastien Montabonel, President of the Jury, commented: "Congratulations to our Emerging Artist of the Year prize winner, Cezar Mocan. The international entrants and finalists in this category showcased the extraordinary new talent that is shaping the future of digital art, yet with work that creates an intersection of contemporary art, game design, and media theory to ask profound questions about our future relationship with technology, Cezar is a clear winner." Arab Bank Switzerland, a long-time patron of the arts, launched the world's first Digital Art Prize to recognize and celebrate Digital art and creators involved in the emergence of this emerging artistic (r)evolution in 2023.