5G and Next-Gen Consumer Banking Services

<p>The future has already begin. The banking industry needs to adjust or it will disappear in the next decade. With the help of 5G next-generation intelligent ATM-like devices will have highly integrated functions and use technologies such as artificial intelligences-assisted self-service contactless interfaces with facial recognition and digital signatures. This book focuses on new experiences that clients can expect when connected to a 5G network with a 5G device. By 2022 we hope that 5G will:</p><ul> <li>Drive accelerated mBanking growth</li> <li>Power augmented reality /virtual reality</li> <li>Make Video shopping experiences more widespread and compelling</li> <li>Enable banks to deploy highly personalized customer service experiences</li> <li>Support time-sensitive banking applications like online stock trading where milliseconds can determine a gain or loss</li> <li>Improve security and fraud prevention bycomputing and exchanging more data traveling between parties in real-time</li> <li>Enhance mPOS transactions and utilization. 5G holds the potential to accelerate mobile point of sale (MPOS) transaction processing time and improve connectivity</li> </ul><p>In order to explore these topics this book covers:</p><p>• Decentralization of the banks</p><p>• Banking without banks</p><p>• 5G will change the modern banking industry</p><p>• Blockchain adoption by the banking industry</p>