From the course: Leveraging Cloud Computing for IoT

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Finance

Finance

From the course: Leveraging Cloud Computing for IoT

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Finance

- [Narrator] So, what about the Internet of Things, the Cloud and the world of finance? So, we have to deal with banking data and do so in a way that's more viable and valuable to both the bank and the customer. So, how do we do that leveraging IoT? So, first and foremost and we know this today to be a truth or fact and how we deal with our banking partners, is we deal with mobile computing. We all carry cell phones and many instances customers may not even have to ever go into a bank. They can deposit checks via mobile phone. They can remove data that they need. They can check their bank statements. They can do any number of things, that they used to do at a traditional bank or an ATM. The ability to have ATMs that have a bit more power than they did in the past, such as the ability to identify certain customers via their fingerprints or via the retinal scans. So, we ensure that security is going to be taken care of and the ability to have IoT BAE systems in the banks unto…

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