Tickar on Tuesday (Jan. 25) said investing in the stock market can be done with nothing more than the camera lens on a mobile phone, thanks to its scan, learn and invest approach that relies on augmented reality to simplify the investing experience.
More than 26% of all investors in the market today said they became investors in 2020 or later, as the COVID-19 pandemic and increasing popularity of cryptocurrency gave many people a new reason to throw a few bucks at something different, Tickar said in the press release announcing its launch.
The Tickar app uses augmented reality and machine learning to help stock market participants invest in the products they use every day, but might not know are also part of the stock market. Tickar aims “to be an investment advisor in your pocket,” pointing to the metaverse and AR as key parts of its strategy. The app claims to be able to tell users whether a stock is overvalued or undervalued.
Tickar has been downloaded about 25,000 times within the first week of its launch. The company hopes to reach one million users by the end of 2022. The company hopes to help users of other investing platforms integrate those accounts under their Tickar profiles.
Related: Meta Preps For Metaverse With World’s Fastest Computer
In the metaverse front, Meta this week unveiled the AI Research SuperCluster (RSC), a supercomputer that the social media giant formerly known as Facebook says will be the fastest on earth by the middle of this year, part of its plan to enter the metaverse in an all-encompassing way.
RSC will help Meta’s AI teams construct AI models that can learn from trillions of examples and work across hundreds of languages, according to the company announcement Monday (Jan. 24). These models will also analyze text, images and video for potentially harmful content, and create new augmented reality tools.
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NEW PYMNTS DATA: AUTHENTICATING IDENTITIES IN THE DIGITAL ECONOMY – DECEMBER 2021
About:More than half of U.S. consumers think biometric authentication methods are faster, more convenient and more trustworthy than passwords or PINs — so why are less than 10% using them? PYMNTS, in collaboration with Mitek, surveyed more than 2,200 consumers to better define this perception versus use gap and identify ways businesses can boost usage.
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