September 22, 2023
2 mins read

Metaverse Debut: Housing Bank Goes Virtual

With the launch, the bank is taking a significant step in its technical endeavors to incorporate technology in the banking industry…reports Asian Lite News

Housing Bank has announced the launch of its virtual bank in the Metaverse, making it the first bank in the Kingdom to enter this virtual world.

It is also one of the pioneering banks in the region to adopt this cutting-edge technology. It will be available on two popular Metaverse platforms, namely the Decentraland platform and the Spatial platform.

By establishing its presence on the Metaverse, Housing Bank demonstrates its commitment to staying at the forefront of adopting advanced technologies, as this investment in digital transformation is a key component of its strategy.

With this launch, the bank is taking a significant step in its technical endeavors to incorporate technology in the banking industry and improve its customer relationship management.

Through this pioneering initiative, the bank aims to reach a new generation of customers and provide them with a unique opportunity to enter the world of the Metaverse.

This allows them to discover the first virtual bank in Jordan, marking a significant step towards the future, offering customers an opportunity to experience innovative technology that enables seamless communication and interaction that caters to their aspirations and interests, which is provided with ease and comfort from anywhere and at any time.

Additionally, Housing Bank is collaborating with Innoarea, which specializes in developing virtual reality and augmented reality experiences, to get launched in the Metaverse.

The company is part of the BMB Group, which is one of the most prominent information and communications technology services and consulting companies in the Middle East.

Housing Bank, which is celebrating its fiftieth anniversary this year, continues to be a role model in the banking industry, achieving yet another significant milestone as it continues to lead the way in digital transformation by making significant progress in the field of technological development and digital services, in addition to launching numerous sophisticated and advanced services that keep up with the rapid changes brought about by the digital age.

ALSO READ: Natural Gas Set To Reshape Africa’s Economic Landscape

ALSO READ: Saudi Imaging Market on Path To Quadruple By 2030

Previous Story

Natural Gas Set To Reshape Africa’s Economic Landscape

Next Story

UNHRC Hails India’s Women’s Reservation Bill

Latest from Economy

Six OMCs Pump ₹290 Cr into Startups

The Union Minister said the country continues to stand as the world’s third-largest startup ecosystem….reports Asian Lite News Six oil marketing companies (OMC) in India have invested Rs 290 crore from their

India Dominates Global Digital Banking List

Indian banks have observed the most notable gains in day-to-day banking (+9.8 pp) and expanding relationships (+3.4 pp)….reports Asian Lite News As many as 9 Indian banks have been recognised as ‘Digital
Go toTop

Don't Miss

S Korean, Chinese firms dominate metaverse patents

The global metaverse market is expected to reach $996 billion

India’s first metaverse-exclusive fashion show set to take place in Decentra land

The Fashion Tour Park features multiple interactive areas, gamified zones