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5G and Next-Gen Consumer Banking Services

2021-12-22 Business & Economics
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Release : 2021-12-22
Genre : Business & Economics
Kind : eBook
Book Rating : 838/5 ( reviews)

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Book Synopsis 5G and Next-Gen Consumer Banking Services by : Krunoslav Ris, PhD

Download or read book 5G and Next-Gen Consumer Banking Services written by Krunoslav Ris, PhD. This book was released on 2021-12-22. Available in PDF, EPUB and Kindle. Book excerpt: 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 mBanking 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 mPOS 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

5g and Next-Gen Consumer Banking Services

2024-10-07 Business & Economics
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Release : 2024-10-07
Genre : Business & Economics
Kind : eBook
Book Rating : 749/5 ( reviews)

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Book Synopsis 5g and Next-Gen Consumer Banking Services by : Krunoslav Ris Phd

Download or read book 5g and Next-Gen Consumer Banking Services written by Krunoslav Ris Phd. This book was released on 2024-10-07. Available in PDF, EPUB and Kindle. Book excerpt: This book covers: - Decentralization of the Banks - Banking without Banks - 5G will change Bank Industry - BlockChain adoption by the Banking industry - Modern Banking Industry

Digital Transformation Handbook

2023-09-13 Technology & Engineering
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Release : 2023-09-13
Genre : Technology & Engineering
Kind : eBook
Book Rating : 759/5 ( reviews)

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Book Synopsis Digital Transformation Handbook by : Krunoslav Ris

Download or read book Digital Transformation Handbook written by Krunoslav Ris. This book was released on 2023-09-13. Available in PDF, EPUB and Kindle. Book excerpt: Digital transformation has become more than a buzzword from the media since companies figured out the importance of rethinking business processes during global challenges. On its own, the term assumes integration of digital technology into all areas of a business, resulting in fundamental changes to how the company operates and delivers value to customers. Taking care of and choosing the optimal ICT tools is a constant struggle; the final decision may depend on the consultant’s experience. Including all business stakeholders in this process is a must. Creating innovative company culture, continuous learning, and developing new skills with flexible and open communication and willingness to experiment are a challenge. This complex, comprehensive approach can include implementing new systems, integrating existing systems, and using data analytics and artificial intelligence (AI) or machine learning to drive better outcomes. By adapting and exploiting digital technology in new ways, businesses can gain better and more detailed customer experiences and build stronger relationships with their clients. In addition, digital transformation can help organizations to be more agile and responsive, which can lead to less time needed for different processes or the ability to adapt quickly to changing conditions. In a time when change is the only constant – and it is hitting us every day not to forget about that – it is essential to think about digital transformation constantly. Technology improvement, availability, and scalability give us no room for excuses for not using them. Who can say that we are not living in dynamic and exciting times? The Authors have taken their 20 years of practical experience and put it into this handbook, in which many cases can be found where not every time is a success story. This book is prepared to provide some insights, give you a fresh overview of what such change can enable, and set up an environment for new technology that will arrive shortly.

The Future Home in the 5G Era

2020-04-03 Business & Economics
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Release : 2020-04-03
Genre : Business & Economics
Kind : eBook
Book Rating : 574/5 ( reviews)

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Book Synopsis The Future Home in the 5G Era by : Jefferson Wang

Download or read book The Future Home in the 5G Era written by Jefferson Wang. This book was released on 2020-04-03. Available in PDF, EPUB and Kindle. Book excerpt: The Future Home in the 5G Era looks at new hyper-connected home environments in which devices and apps will work together seamlessly to respond to and anticipate customers' needs, all with maximum security and privacy. Enabled by 5G, AI, and other new technologies such as eSim and edge computing, the Future Home's powerful service ecosystems will be a quantum leap from today's fragmented smart home technology, effectively extending the boundaries of the home even beyond the traditional bounds of the physical, to ultimately make consumers feel 'at home' anywhere. This will create tremendous opportunities for businesses including communication service providers (CSPs), device manufacturers and app developers, as well as those providing services in diverse sectors such as entertainment, health and social care, education, retail, and more. The Future Home in the 5G Era combines original research from Accenture with practical insights and examples, showing how intelligently orchestrated Future Homes can yield economic success for businesses. Written by leaders of strategy and technology consultancy at Accenture, the authors have vast industry experience leading major units of Fortune 500 companies and start-ups. This book looks at how businesses, especially CSPs, can overcome the challenges and capture the multi-billion-dollar Future Home market by putting strategic emphasis on excellent customer experiences, developing new business models, and turning their organizations into competitively agile platform-based innovators. For business leaders in any sector relevant to the Future Home, this book is an indispensable and value-creating guide.

Marketing and Mobile Financial Services

2018-12-21 Business & Economics
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Release : 2018-12-21
Genre : Business & Economics
Kind : eBook
Book Rating : 444/5 ( reviews)

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Book Synopsis Marketing and Mobile Financial Services by : Aijaz A. Shaikh

Download or read book Marketing and Mobile Financial Services written by Aijaz A. Shaikh. This book was released on 2018-12-21. Available in PDF, EPUB and Kindle. Book excerpt: Mobile financial services (MFS) are of major interest and importance to both researchers and practitioners. The role played by nonbanking actors including telecoms and FinTech firms as well as other participants, such as PayPal and Amazon, in developing and deploying innovative financial and payment services is undeniable. Peer2peer (P2P) payments from nonbank services are becoming increasingly commonplace and will shortly be codified by EC (EU?) regulations requiring banks to provide access to consumer data for third-party app developers and service providers. Three major mobile financial systems—mobile banking, mobile payments, and branchless banking—currently dominate the electronic retail banking sector. Although interconnected and interrelated, their business models, regulatory frameworks, and target markets are distinct. This book provides a unified perspective on MFS and discusses its evolution, growth, and future, as well as identifying the frameworks, stakeholders, and technologies used in financial information systems in general and MFS in particular. Academics and researchers in digital and financial marketing will find this book an invaluable resource, as will bank executives, regulators, policy makers, FinTech professionals, and anyone interested in how mobile technology, social media and financial services will increasingly intersect.

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