Edge: Critical Factors to Consider When Deploying Edge Technologies in Banking
Technology is rapidly transforming the way global business is done – from the amount of data housed centrally to how services are delivered locally at the edge. This acceleration is particularly visible in banking and finance where the traditional bank branch is transforming into a digital branch, and services are delivered directly to the end user via new digital technologies, much like how the IoT is being deployed in traditional retail with kiosks and self-service information. Traditional banks branches where customers queue at the bank counter are quickly being replaced with digital branches. Image by © Hiya Images/Corbis While edge computing applications are not new to the banking world , there is an identifiable acceleration at work. Consider the incremental demands for more traditional banking services over the last decade such as high-frequency trading, smarter ATMs and video tellers – all pushing the need for more bandwidth. Watch my latest video to learn more about ...