Profitable Connections: The Money to be Made by Banks in the Internet of Things

March 1, 2016

Money may be an abstract ’entity’, but there are many things connected to it that banks can digitize, measure, and analyze to drive profits. The physical things a bank provides (branches, ATMs, mobile apps, and so on) connect to the physical things a customer has (say, mobile devices and wearables) while conducting financial transactions (such as a purchase, a home mortgage, a car loan, or an equipment lease). It’s clear that banks have only just begun to mine these items and their multiplying connections, to engage effectively with customers and establish newer business models for profitable growth.

Spotlight

SenRa

SenRa is a Low-Power Wide-Area Network (LPWAN) provider for IoT/M2M applications. We provide long distance communication for LoRa enabled devices at fractional costs of competing technologies such as cellular, Wi-Fi, or satellite networks. Build LoRa Devices Wether you are developing water management solutions, air quality monitors, or pet tracking solutions, we can point you in the right direction so that you start your project on the right path. Install the Network You can leverage our existing network to connect your devices. If there is no available network in your area, that is not a problem. We can roll out coverage in no time.

OTHER WHITEPAPERS
news image

Best practices for cellular IoT development

whitePaper | March 28, 2022

This document introduces the main aspects and decisions you need to consider before and during your development phase of a low-power cellular Internet of Things (IoT) product. The sections are structured and ordered chronologically to follow a natural way of designing a cellular IoT device. The first sections cover the initial design decisions you might need to make to get the best possible baseline of your design. This includes overviews about the nRF9160 System in Package (SiP), modem radio, and radio technologies. The importance of network coverage and access is also discussed.

Read More
news image

Vulnerabilities Identified in Wyze Cam IoT Device

whitePaper | June 29, 2022

At Bitdefender, we care deeply about security, so we’ve been working with media partners and IoT devices manufacturers to identify vulnerabilities in the world’s best-selling connected devices. As a leading vendor of cybersecurity protection across endpoint and IoT devices, we have been assessing the security of smart-home equipment for more than half a decade. Our goal is to help vendors and customers stay on top of security and privacy blind spots and make the IoT ecosystem safer for everybody.

Read More
news image

Doing more with your IoT data

whitePaper | March 10, 2022

Each connected sensor in your IoT solution can create thousands if not millions of data points every hour. A treasure trove of value exists in that raw data! But to leverage that value, your business needs to store data over time and process, organize and analyze your data properly.

Read More
news image

Private 5G Mobile Networks for Industrial IoT

whitePaper | March 1, 2020

Private mobile networks designed and deployed specifically for enterprise users provide opportunities to optimize and redefine business processes in ways that are either impractical or not possible within the limitations of wired and Wi-Fi networks. For industrial users, the ability to design mobile networks to meet the coverage, performance, and security requirements of production-critical applications is fundamental to the new wave of cyberphysical systems known as Industry 4.0.

Read More
news image

Satellite based LoRa unlocks Europe-wide IoT

whitePaper | April 27, 2022

Big data is the dominant economic currency in a changing world moving at an increasingly accelerated pace. The speed and frequency with which data is collected, processed, and actioned is crucial to delivering the core promise of the Internet of Things (IoT) – either saving money through optimized operations or enabling new business models to generate new revenue streams.

Read More
news image

How is the IoT world shaping up in 2021 and what trends will influence the future of IoT?

whitePaper | June 8, 2021

Despite the close of a tumultuous 2020 and the start of 2021, connected devices will continue to shape the future of numerous industries and businesses are confident that the Internet of Things (IoT) will play a key role in the future success of their trade. Several trends continue to gather momentum, stimulating IoT’s prominence in 2021, from Industrial IoT devices to health-and-safety applications as COVID-19 continues to take center stage. Here are a few facts, figures and trends, gathered across the web, that can help us understand where the IoT world is at, how it’s been impacted by the pandemics, and what to expect over the next few years.

Read More

Spotlight

SenRa

SenRa is a Low-Power Wide-Area Network (LPWAN) provider for IoT/M2M applications. We provide long distance communication for LoRa enabled devices at fractional costs of competing technologies such as cellular, Wi-Fi, or satellite networks. Build LoRa Devices Wether you are developing water management solutions, air quality monitors, or pet tracking solutions, we can point you in the right direction so that you start your project on the right path. Install the Network You can leverage our existing network to connect your devices. If there is no available network in your area, that is not a problem. We can roll out coverage in no time.

Events