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Saturday, March 17, 2018

Financial safety

Augmented reality is shaping the future of finance


Augmented reality is already entering everyday life. Based on the ubiquitous smartphone, it’s appearing in consumer oriented applications including games, finance and entertainment. In business, cloud access sets AR users free from hardware, and allows businesses to link the data-crunching power of the computer with human judgement and expertise.

Nowhere is this more pronounced than in financial technology. The sector is booming and AR is the next logical step in the process of making finance run on new technology. AR will transfigure both business and consumer finance tech, though in different ways. Let’s start with the business side.
Data visualization and decision making

Data visualization is a major challenge for financial institutions. As the need to rapidly grasp complex trends increases, and the amount of data available becomes greater, AR steps in to bridge the gap between machine data analysis and human understanding.

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