BANKING will help banks to prepare for a future where digital assets are fully incorporated into traditional financial transactions like mortgages , loans , and trading of equities .
β Additionally , banks should start widely embracing metaverse payment platforms . Meta recently launched a pilot that lets people use WhatsApp to send value from a digital wallet to others , offering benefits like international transfers without fees . There is huge value in this : the metaverse will open up ecommerce , cross-border activity , and increase globalisation by creating a seamless experience .β
βTHE METAVERSE WILL OPEN UP ECOMMERCE AND CROSS- BORDER ACTIVITY , INCREASING GLOBALISATION BY CREATING A SEAMLESS EXPERIENCE β
DAVID DONOVAN EXECUTIVE VICE PRESIDENT , PUBLICIS SAPIENT fintechmagazine . com 49