5G and Next-Gen Consumer Banking Services

The future has already begin.

The banking industry needs to adjust, or it will disappear in the next decade. With the help of 5G, next-generation intelligent ATM-like devices will have highly integrated functions and use technologies such as artificial intelligences-assisted self-service contactless interfaces with facial recognition and digital signatures. This book focuses on new experiences that clients can expect when connected to a 5G network with a 5G device.

By 2022 we hope that 5G will: Drive accelerated m Banking growth Power augmented reality /virtual reality Make Video shopping experiences more widespread and compelling Enable banks to deploy highly personalized customer service experiences Support time-sensitive banking applications, like online stock trading where milliseconds can determine a gain or loss Improve security and fraud prevention bycomputing and exchanging more data traveling between parties in real-time Enhance m POS transactions and utilization. 5G holds the potential to accelerate mobile point of sale (MPOS) transaction processing time and improve connectivity In order to explore these topics, this book covers:

• Decentralization of the banks
• Banking without banks - 5G will change the modern banking industry
• Blockchain adoption by the banking industry

Book Details

• Author: Krunoslav Ris, Ph D
• Publisher: CRC Press
• eBook ISBN: 9781000508857, 1000508854
• Print ISBN: 9781032055749, 103205574X
• Other ISBNs: 1003198171, 1032055723, 9781003198178, 9781032055725