JEMTEC

  The digital revolution is now and is already changing the face of the financial industry. India is at the forefront of this change given its fast-growing economy and young generation with easy access to a world of ICT. Digital innovation is altering the way of providing, consuming and managing financial services. The following topics highlight some of the issues that have spurred the digitisation of finance in India. Digital innovation is changing the way financial services are provided, consumed and managed. Let’s dive into the key issues driving the digital transformation of finance in India. Emerging Trend in Payments The Digital Payments in India is on the rise due to encouraging government policies such as Digital India and the step of demonetization. This has been taken a notch higher by the Unified Payments Interface (UPI) which is quick and modern. Digital wallets, QR code-based transactions, and contactless plastic are also having a field day in the all-time high inc...

  Augmented Reality (AR) and Virtual Reality (VR) are two transformative technologies that have revolutionized the way people interact with digital environments. While both technologies immerse users in digital experiences, they do so in distinct ways and have different applications. Augmented Reality (AR): AR overlays digital elements onto the real world, enhancing the user’s perception of their surroundings. It uses devices such as smartphones, tablets, or AR glasses to superimpose images, sounds, and other sensory inputs onto the physical environment. Unlike VR, AR does not replace reality but augments it by adding layers of information and interactivity. A prime example of AR is mobile applications like Pokémon Go, where users see virtual characters placed in real-world settings. AR is also widely employed in industries such as retail, where virtual fitting rooms allow customers to see how clothes will look on them without trying them on physically. In education, AR applicatio...