Artificial Intelligence, Business, Companies, News

RBS Changes Human Employees for Robots

Royal Bank of Scotland becomes the first bank in the U.K. to go live with an investment robo-advisor under its NatWest Bank brand, RBS said in a release today. Starting today, the digital service is available to NatWest Bank’s five million customers through NatWest Invests‘ platform online. In 2017, The Royal Bank of Scotland (RBS), which owns NatWest, said automated financial advice services led to a 220-employee reduction in its face-to-face adviser roles. Phil Northey, managing director of premier banking at NatWest, customer expectations are changing and they are increasingly choosing to bank digitally. “At NatWest we are very focused on meeting our customers’ needs and it is

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Companies, Entertainment, News, Virtual Reality (VR), Wearables

Try Walking In Stormtroopers Boots

A new Star Wars Virtual Reality experience is heading to London’s Westfield shopping centre next month, allowing fans of the sci-fi franchise to experience a mix of interactive sets and real-time effects. Star Wars: Secrets of the Empire is an experience that is also opening to the public next month at Disney resort location in Florida and California. It brings virtual reality technologies courtesy of VR startup The Void to the storytelling wits of Lucasfilm’s ILMxLAB to the dazzling theme parks know-how of Disney. What results is a walk-around VR experience that will drop plenty of jaws and open up quite a few people to the state of

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Augmented Reality (AR), Companies, News

Williams-Sonoma purchases 3D imaging and AR firm

Home products retailer Williams-Sonoma, Inc. (WSI) announced this afternoon that they intend to acquire Outward, Inc., the developer of a 3-D imaging and augmented reality platform intended for the home furnishing and decor industries. WSI will reportedly pay $112 million US to acquire the company. The move comes in a furniture retail environment that sees WSI’s competitors increasingly using AR technologies. Target released a “See It In Your Space” component to their website earlier this year, to allow shoppers to visualize furniture placement. Meanwhile, IKEA leveraged iOS 11’s AR features in their released-in-September “IKEA Place” app. WSI says this acquisition will enable them to build

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