Do you want to know what will 5G bring for banking service? Check the infographic below. #5G #futureofbanking #novabase #novabasefinancialservices #novabasefsi
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Infographic 5G in Banking Service
1. 5G performs
better over 4G in
three dimensions:
SPEED LATENCY CAPACITY
10 to 100 times faster than 4G,
it can assist more users without decelerating the
operations while reducing the response time.
CUSTOMER BENEFITS
BANK BENEFITS
• Hyper-contextualised services
• Simultaneous language
• Video Support
Branches and ATMs
• New customer interaction possibilities
• Pattern recognition (e.g., facial recognition,
foot-traffic analysis)
• Personalisation and customisation of ATM
experiences
Mobile Devices and Apps
• Light-weighted apps with more responsive
interactions
• App updates rolled out in the back end
• Wearables with as many functions as
smartphones
5GBRING FOR
BANKING SERVICE?
WHAT
WILL
Source: Novabase’s Research Providers