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Leveraging the Internet of Things for Payments

By PaymentsJournal
April 4, 2016
in Uncategorized
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Federal Reserve study

Federal Reserve study

Digital technologies have considerably transformed the banking and financial services industry by creating new channels for customers toconnect with their banks and conduct routine banking activities. The Internet of Things (IoT) promises to further disrupt the financial servicessector and revolutionize the way businesses operate today. Apart from benefits like improved operational efficiency and reduced costs, theIoT offers fresh avenues of growth and revenue through new digital products and services.

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