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Bank 2.0 by Brett King

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Glossary of Terms

 

Adoption Rate  how quickly it takes new technologies to be adopted by the public at large

 

ATM  Automated Teller Machine; typically automated cash dispensing and depositing machine that emerged in the late 70s and early 80s

 

AML  Anti-Money Laundering; the efforts through legislation, regulation and through systems to track, identify and stop the laundering of illicit funds into the mainstream banking system

 

App Phone  a phone that provides open application support not limited to the phone handset, manufacturer’s operating system and applications; most common instances are the iPhone, Droid and NexusOne

 

AR  Augmented Reality; the term for real time digitally enhanced interactions with the physical real world environment ...

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