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.

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Wirepas is focused on providing the most reliable, optimized, scalable and easy to use device connectivity for its customers. Wirepas Connectivity is a de-centralized radio communications protocol that can be used in any device.

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Wirepas

Wirepas is focused on providing the most reliable, optimized, scalable and easy to use device connectivity for its customers. Wirepas Connectivity is a de-centralized radio communications protocol that can be used in any device.

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