FinTech Magazine - December 2021 | Page 96

Greater connectivity should equal better financial services . We take a look at the IoT and what the technology will do to the space
FINSERV

IoT and 5G CONNECTIVITY in Finserve

Greater connectivity should equal better financial services . We take a look at the IoT and what the technology will do to the space
WRITTEN BY : JOANNA ENGLAND

Not so long ago , 3G was the transformative technology of the decade . It opened up a world of possibility for finserve customers , initially through the advent of mobile banking . However , 3G was limited ; slow , and rather insecure depending on if you were using a public network . It ’ s days were limited when 4G arrived .

Since then , the fintech industry has taken off on a global scale and completely transformed the financial services space .
96 December 2021