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What is the full form of VR in banking?

Published in Banking Technology 1 min read

The full form of VR in banking is Virtual Reality.

Banks are increasingly looking at virtual reality (VR) technology to improve customer engagement, data understanding, and employee training.

Here's a breakdown of how VR can be used in banking:

  • Customer Engagement: VR can provide immersive experiences for customers through mobile devices or PCs.
  • Data Understanding: VR can help in visualizing and understanding complex data sets.
  • Employee Training: VR can offer better educational opportunities for bank personnel.

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