Impact Study

In Association with

Banking as a Service: Predictions for 2023

Banking Industry Leverage the IoT

If you think that the internet has changed your life, think again. The Internet of Things (IoT) is going to change everything all over again!
For banks specifically, there are various chances to benefit by the IoT, with $2 trillion of monetary advantage anticipated on a worldwide level by Gartner.

This whitepaper analyses how the IoT helps banks to stay ahead of the curve ?

This paper analyses the internal impact of adoption of mobile
technologies with respect to the following areas:

  • For consumer banking, the IoT can be utilized to help customers with digital kiosks.
  • IoT will enhance the business customer’s value chain
  • A huge chunk of banks’ IoT budget will account for monitoring financial services and product

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