Extended Reality in Banking

Innovation has been consistent in every field possible ranging from smartphones to heavy duty machineries, from medicine to banking. But the sad truth is innovation is not yet adopted by the entire world ie. still some places are lagging behind.

This is due to the failure of the interaction of virtual / digital world with the physical world. But according to research, it will show immense growth in technological innovations. Augmented, virtual and mixed reality play a major role in innovation.

  • Augmented Reality: It helps you catch any information, on any field, from anywhere. It creates a user-friendly environment to deliver the financial services in the market. It is free from hassles of paperwork and makes everything more feasible and organized.

  • Virtual Reality: It helps you communicate well with your customers. It made a shift in the entire thought process of the banking system. It also helped in developing an entirely new set of communication skills for interacting with customers. Best part about this is that, one can visit any branch virtually.

  • Mixed Reality: It makes virtual objects appear on real life environment. 

Leave a Comment

Extended Reality (XR) News