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Tag Archives: IoT

Experts predict Kazakhstan’s 2019 FinTech trends

In 2018, Kazakhstani financial institutions began working more closely with FinTech companies and purchasing a large number of FinTech products, giving more and more consumers in the country access to modern financial solutions like e-Wallets. In 2019, financial institutions in Kazakhstan are expected to continue their interest in FinTech solutions; …

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Video: 10 strategic technology trends in 2019

From blockchain and artificial intelligence to quantum computing and augmented analytics, here’s an overview of 10 strategic technology trends that are helping to bring the virtual world and the real world together in 2019. Terabank: SMS code instead of signature Infographic: using communication apps in the financial sector State of …

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10 must-read books on IoT

The internet of things (IoT) is here to stay. In fact, the global IoT market is projected to be valued at more than USD 1.7 trillion in 2019, connecting 20.35 billion devices. In order to better understand IoT, its value and its expected impact, here are 10 must-read books to …

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IoT, AI and robotics to drive digital disruption, fuel growth

KPMG’s recent research study Tech Disruptors Outpace the Competition, a study based on interviews with 750 global technology industry leaders, found that the internet of things (IoT), artificial intelligence (AI) and robotics are seen as likely drivers of digital disruption in the coming years. Here are the key insights gained …

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10 charts that explain IoT’s growth

The internet of things (IoT) potential to reduce costs and enable new business models has made it one of the hottest and most-researched trends in recent years. The following ten charts shed some light onto IoT’s explosive growth and what it likely means for our future.   By 2020, discrete …

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Finance sector ripe for IoT disruption

The impact of the internet of things (IoT) on the retail sector has been significant, with retailers that deploy IoT solutions receiving an immediate competitive advantage; however, the retail sector is just the beginning of how IoT will forever change our lives. A number of other sectors are also primed …

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5 reasons big enterprises should partner with IoT startups

It is a well-established fact that the flexibility and creativity of startups place them at the forefront of innovation. And such innovation is center stage when it comes to delivering the full promise of the internet of things (IoT). Here are five reasons why big enterprises should look to partner …

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“Box” vs. “platform” IoT solutions: which is better?

Many companies around the world are waking up to the reality that the internet of things (IoT) is rapidly becoming a necessary component to have for any business that wants to grow. However, many don’t know how to get started. While a create-it-yourself IoT solution is possible, it is likely …

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The future of banking: secure omnichannel banking

As a broader range of banking services are becoming available on a variety of new platforms, consumers are increasingly using a combination of channels to conduct banking activities. The next wave of innovation in the banking sector, however, seeks to move past physical contact (e.g. going to a bank, using …

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2018 IoT Intelligence Market Study

Dresner Advisory Services examined business interest in the internet of things (IoT) as part of its 2018 IoT Intelligence Market Study. The Study also examined key related technologies such as location intelligence, end-user data preparation, cloud computing and analytics. Key insights gained from the study include: Sales, marketing and operations …

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5 reasons why IoT is not yet ready for primetime

The internet of things (IoT) has been one of the biggest trends in recent years and promises to continue growing for the foreseeable future. While the benefits of IoT are numerous, it’s still not ready for primetime, and here are five reasons why: Fragmentation in protocols – a fragmented landscape …

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IoT: the next big thing in banking

The future of banking has been coupled with the internet of things (IoT). IoT technology is creating enormous value for financial institutions by making the entire financial network more robust and secure with improved protocols, enhanced data mining and enriched service quality. For example, IoT allows financial institutions to better …

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IoT and the next level of customer engagement

The internet of things (IoT) and the possibilities it provides are only in their infancy. This is especially true in the commercial banking sector, where financial institutions remain uncertain how to translate the immense amount of data available to them into meaningful customer experiences. Financial institutions need to think differently …

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IoT: the future of modern banking

The internet of things (IoT) has become an important part of the evolution of banking; moreover, it remains an integral part of its future as well. Here are five ways IoT has changed (and is still changing) the financial sector: Account management – biometrics has changed the game in the …

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Developing IoT solutions in the financial industry

The internet of things (IoT) is creating new possibilities and realities in nearly every sector. This is especially true for the financial sector, where it is improving customer service, security and decision-making as well as helping create new products for a more mobile and convenient life. In order to remain …

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IoT-powered transformation in the financial sector

The internet of things (IoT) has brought the financial sector to the forefront of digital transformation. Even the CEOs of both JP Morgan and Goldman Sachs have described their organizations as tech companies rather than financial institutions. The main innovation of IoT is that it allows for real-time data flow …

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Asian financial market benefits greatly from IoT

The internet of things (IoT) is transforming financial markets around the world, and Asian banks and insurers are benefitting greatly. According to a study by market research firm ReportsnReports, the size of the global IoT financial services market is set to grow from USD 249.4 million in 2018 to USD …

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lifecell building IoT infrastructure in Ukraine

Mobile operator lifecell has begun building the first segment of its internet of things (IoT) project in Ukraine, making use of LoRaWAN technology to do it. LoRaWAN is a data transmission technology that covers a large area and allows for fast data transfer between gadgets. The first stage of the …

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Standard Charted and Huawei team up to create IoT banking solutions

Standard Chartered has joined forces with Huawei to create an IoT-powered solution that could completely transform the way corporate companies communicate with banks. The solution allows corporate firms and banks systems to speak to each other in real-time as well as the triggering of financing or payment instructions via APIs. …

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Sberbank joins IoT consortium

Sberbank has joined the Competence Center consortium, which is focused on wireless communications and the internet of things (IoT). The purpose of the Competence Center is to: Initiate IoT research Implement new scientific developments in business Facilitate the production of products and services Develop industry standards and educational programs The …

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