IoT and Financial Services: Innovations in Banking and Payments


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Making payments, transferring money, and accessing banking services has never been easier, but what does this mean for financial professionals? As technology continues to drive innovation in financial services, bankers, advisors, and payment experts must stay ahead of the curve. Such knowledge is indispensable in understanding and leveraging IoT’s potential to optimize financial services. Working with tech firms, fintech startups, or other financial institutions can facilitate the sharing of knowledge, resources, and best practices. How we adapt and harness its potential will determine the success of individual financial institutions and the overall health and resilience of the global financial system.