Money and the Metaverse: A New Frontier for Banking

Metaverse has almost been synonymous with gaming, with its ability to create avatars and simulate detailed virtual environments. But what could it mean for the Banking, Financial Services and Insurance sectors? In this chat with Girish Narasimha Raghavan, Vice President of Global Services at Fiserv, Atul Srivastava, Engagement Manager at Zinnov, unravels how Metaverse has the power to transform financial transactions, lending patterns, and currencies.

 

With its arrival as a technology with a plethora of possibilities across verticals and use cases, banking in the Metaverse can give rise to a new economy, spending patterns, and a wide range of virtual products and services. The power of this technology to transform traditional banks will reveal itself over the next few years. With enterprises looking to capitalize on Metaverse and its potential, there is a scramble for experimenting with newer use cases. What will Metaverse in Banking look like? 

 

This insightful discussion will dive into what problems the Metaverse can solve, and how banking can transform over the next decades.