Warba Bank's presence in the metaverse is expected to bolster its communication with the young generation. metaverse virtualreality
Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox.In what has been described as a first for an Islamic bank, the Kuwait-based Warba Bank recently said it now occupies two sites in the metaverse, one on Decentraland and another on Sandbox.
In his remarks following the confirmation that Warba Bank has entered the metaverse, Anwar Bader Al-Ghaith, the financial institution’s VP for Support Services and TreasuryWarba Bank’s interest in entering this virtual reality comes within the framework of digital trends to transform into a [Web3]. The world of virtual reality is used in several advanced fields, including services, education, health and others.
Al-Ghaith explained that Warba Bank is eager to support its younger clients hence its entry into the metaverse. According to a statement released by the bank, Warba is now working to achieve its ambitious goals as well as to enhance the benefits of digital services. The bank will also focus on absorbing emerging technologies and artificial intelligence, the statement said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Recession warning: Economy to shrink for second quarter, Fed bank projectsThe economy will shrink for a second consecutive quarter, a regional Federal Reserve bank projected Thursday in the latest sign of recessionary risks.
Read more »
Rain not sugar pours at TIAA Bank Field as The Stadium Tour starts with splashThe highly anticipated Stadium Tour fired up with a splash Saturday at TIAA Bank Field as the heavens let loose just as the concert was set to begin at 4:30 p.m.
Read more »
Lacey police seek to identify bank robbery suspectThe man is described as white, 20 to 30 years old, 5 feet, 9 inches tall, with a thin build and brown hair.
Read more »
Police describe car with 'multiple' explosives involved in B.C. bank shootingSAANICH, B.C. — RCMP have described a vehicle linked with two robbery suspects killed in a shootout with police outside a bank in Saanich, B.C., where six…
Read more »
Bank robber wounded in 2020 shootout with Montgomery police gets 30 years in federal prisonJohn Adam Vinson Jr., 32, pleaded guilty I March to bank robbery and discharging a firearm while committing the crime. Middle District of Alabama U.S. Attorney Sandra J. Stewart on Friday announced his federal prison sentence. The holdup happened Dec. 14, 2020, at Regions Bank near Eastdale Mall in Montgomery.
Read more »
Montgomery Man Sentenced for Regions Bank Robbery - Alabama NewsA Montgomery man has been sentenced to 30 years in prison for a bank robbery at Regions Bank near Eastdale Mall. alnews alcrime bankrobbery regionsbank alabamanewsnetwork
Read more »