Bank

How the next generation of the internet will improve fintech open banking solutions

How the next generation of the internet will improve fintech open banking solutions

Although many of us are turning to the vast social media applications of the metaverse, this new tech landscape extends far beyond the realm of socializing and entertainment and into more traditional sectors. The growth of virtual and augmented reality has enabled the buying and selling of goods in virtual environments, revolutionizing the way consumers …

How the next generation of the internet will improve fintech open banking solutions Read More »

Bank robberies in virtual reality: how BofA trains staff for stressful encounters

Bank robberies in virtual reality: how BofA trains staff for stressful encounters

What’s the best way to help employees prepare for the worst-case scenario? For Bank of America, the answer is: repeat. In October 2021, Bank of America launched virtual reality training through its 4,300 financial centers, employing approximately 50,000 employees. The program initially prioritized customer and co-worker interaction trainings, but proved so successful that the organization …

Bank robberies in virtual reality: how BofA trains staff for stressful encounters Read More »

Get real: Bank of America bets on virtual reality to improve its staff

Get real: Bank of America bets on virtual reality to improve its staff

What’s the best way to help employees prepare for the worst-case scenario? For Bank of America, the answer is: repeat. In October 2021, Bank of America introduced virtual reality training in its 4,300 financial centers, employing approximately 50,000 employees. The program initially prioritized customer and co-worker interaction trainings, but proved so successful that the organization …

Get real: Bank of America bets on virtual reality to improve its staff Read More »