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Virtual reality in banking. How are we going to visit the bank in the future?

Strategy Driven

Science and technology have made tremendous progress over the last decade. Although these technologies are similar, they offer different types of experiences for users: Virtual Reality (VR) is completely computer generated, while Augmented Reality (AR) superimposes selected images over the user’s field of view.

Banking 132
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Agri-Fintech: How Financial Technology is Revolutionizing the Farming Industry

Strategy Driven

Technology has transformed the farming industry dramatically over the past few decades, which is making farming more productive, profitable and sustainable. While automated machinery, robots, regenerative agriculture, and more have transformed the industry, financial technology is now beginning to make significant changes as well.

Industry 117
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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

Banks now insist on weekend offs, no excessive overtime, and greater use of technology for routine work. Wall Street banks are trying to automate as much grunt work as possible to save the younger bankers from feeling overwhelmed. Headcount in the banking industry is likely to get reduced, aided by technology.

Banking 95
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Banking System: Managed Economies vs. Capitalist States

CEO Insider

The banking sector is one of the most critical aspects of a country’s economy, despite their preferred economic systems. Banks play a critical role in an economy by facilitating funds allocation from the savers to borrowers. The post Banking System: Managed Economies vs. Capitalist States appeared first on CEOWORLD magazine.

Banking 110
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4 Ways Modern Technology Is Improving ID Verification

Strategy Driven

Modern technology has improved ID verification from manual to automated processes, making authenticating identities more straightforward. Read on for four ways modern technology is enhancing ID verification. Identity verification is crucial for most business organizations such as banks to prevent fraud. Complete integration.

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How Refugees Use Digital Technology To Settle Into Their New Home

The Horizons Tracker

Research from Flinders University highlights how important technology can be in helping them adapt, especially during Covid where things like contact tracing apps are so important. The post How Refugees Use Digital Technology To Settle Into Their New Home first appeared on The Horizons Tracker.

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3 Major Challenges Financial Institutions Face When Implementing Business Insight Technology

Strategy Driven

If you’ve been in the market for new business insight technology, such as a financial services analytics solution, the benefits of these are obvious. Promises made by your technology partner, such as increased analytics capabilities and improved compliance with regulators, are probably at the top of your mind. A Resistant Culture.