{"id":11858,"date":"2018-12-17T14:12:35","date_gmt":"2018-12-17T14:12:35","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=11858"},"modified":"2018-12-17T14:13:45","modified_gmt":"2018-12-17T14:13:45","slug":"asian-financial-market-benefits-greatly-from-iot","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/asian-financial-market-benefits-greatly-from-iot\/","title":{"rendered":"Asian financial market benefits greatly from IoT"},"content":{"rendered":"<p>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 2.03 billion by 2023. This signals a huge range of opportunities, especially in Asia, which is expected to have the highest growth rate in IoT-based finance solutions in the world. According to experts, dynamic adoption and aggressive marketing of IoT technology are driving IoT growth in the region, as are the increasing penetration of devices equipped with data-gathering features such as accelerometers, gyroscopes and GPS. The study added that the insurance segment is also expected to grow rapidly as IoT helps insurers more effectively determine pricing and provide services that keep people and their assets safe.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-11858 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Video: how FinTech can push small businesses to the next level'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-how-fintech-can-push-small-businesses-to-the-next-level\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/07\/fintech-and-small-business-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13178\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13178'>\n\t\t\t\tVideo: how FinTech can push small businesses to the next level\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='\u201cInvisible\u201d payments being tested in Spain'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/invisible-payments-being-testing-in-spain\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/Payments-are-now-invisible-at-BBVA-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9569\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9569'>\n\t\t\t\t\u201cInvisible\u201d payments being tested in Spain\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='16 proven strategies to keep consumers engaged, even in a crisis'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/16-proven-strategies-to-keep-consumers-engaged-even-in-a-crisis\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/06\/64973-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15084\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15084'>\n\t\t\t\t16 proven strategies to keep consumers engaged, even in a crisis\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>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 2.03 billion by 2023. This &hellip;<\/p>\n","protected":false},"author":5,"featured_media":11909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[49,421],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11858"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=11858"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11858\/revisions"}],"predecessor-version":[{"id":11859,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11858\/revisions\/11859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/11909"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=11858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=11858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=11858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}