PYMNTS-MonitorEdge-May-2024

AR

Augmented reality is an interactive experience of a real-world environment where the objects that reside in the real world are enhanced by computer-generated perceptual information, sometimes across multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory.

Source: en.wikipedia.org

Apple’s Market Valuation Again Tops $3 Trillion
Apple’s Market Valuation Again Tops $3 Trillion
June 30, 2023  |  Apple

Apple’s market valuation has again topped $3 trillion. The tech giant had reached the $3 trillion mark before, on the first trading day of 2022,...

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Virtual Try-On Software Searches for Competitive Advantage as Big Tech Steps In
Virtual Try-On Software Searches for Competitive Advantage as Big Tech Steps In
June 21, 2023  |  Retail

In the ever-evolving landscape of technology dominated by artificial intelligence (AI) and augmented reality (AR), numerous solution providers, including industry giant Google, are vying for...

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Unanet Unveils AR Automation Tool for Architects and Engineers
Unanet Unveils AR Automation Tool for Architects and Engineers
June 20, 2023  |  Accounts Receivable

Unanet has introduced an accounts receivable tool for clients in the architecture and engineering sectors. The Virginia-based company announced the debut of its new accounts receivable (AR) automation...

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ForwardAI Launches B2B Platform that Enables Real-Time Payments
ForwardAI Launches B2B Platform that Enables Real-Time Payments
June 07, 2023  |  B2B Payments

ForwardAI has launched a B2B payments platform that enables real-time payments. The new Forwardly platform is designed to help small and medium-sized businesses (SMBs) in North America get...

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Report: Apple Acquires AR Headset Maker Mira
Report: Apple Acquires AR Headset Maker Mira
June 06, 2023  |  Apple

Apple has reportedly acquired augmented reality (AR) headset maker Mira. The tech company retained at least 11 employees from the acquired firm, The Verge reported Tuesday (June 6), citing...

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Can AR Reduce Returns for Jewelry Brands?  
Can AR Reduce Returns for Jewelry Brands?  
June 05, 2023  |  Retail

Perfect Corp. has created an innovative virtual hand-sizing technology aimed at assisting jewelry brands in minimizing their return rates.  With the introduction of their new...

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Manicures Go Virtual With AR
Manicures Go Virtual With AR
May 23, 2023  |  Retail

As brands and retailers look to translate real-life experiences into the online realm, beauty and fashion tech solutions provider Perfect Corp. is looking to augment...

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Overcoming Institutional Inertia Among CFO’s Biggest Challenges
Overcoming Institutional Inertia Among CFO’s Biggest Challenges
May 23, 2023  |  CFO

Today’s new macroenvironment has brought with it new responsibilities for finance leaders. Still, no matter the landscape, one of the principal roles of the chief...

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Meta Looks to Launch AR Partnership With Magic Leap
Meta Looks to Launch AR Partnership With Magic Leap
May 21, 2023  |  Meta

Meta is reportedly pursuing a partnership with augmented reality (AR) firm Magic Leap. According to a Saturday (May 20) report by the Financial Times citing unnamed sources, the...

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