{"id":19951,"date":"2021-10-29T10:22:03","date_gmt":"2021-10-29T08:22:03","guid":{"rendered":"https:\/\/www.fintechnews.org\/_\/?p=19951"},"modified":"2021-10-28T21:14:52","modified_gmt":"2021-10-28T19:14:52","slug":"5-banking-innovations-that-5g-will-unlock","status":"publish","type":"post","link":"https:\/\/www.fintechnews.org\/_\/5-banking-innovations-that-5g-will-unlock\/","title":{"rendered":"5 banking innovations that 5G will unlock"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The new global wireless standard will transform financial services by enabling the full potential of the cloud, facilitating smart transactions and accelerating credit processes.<\/p>\n<p>In the last decade, Singapore\u2019s banking industry has made impressive strides to transform its offerings to meet the changing needs of customers. According to <a href=\"https:\/\/home.kpmg\/us\/en\/home.html\">KPMG<\/a>\u2019s latest\u00a0<a href=\"https:\/\/home.kpmg\/sg\/en\/home\/insights\/2021\/08\/pulse-of-fintech-1h-2021-singapore.html\" target=\"_blank\" rel=\"noopener\">Pulse of Fintech Report<\/a>, the Republic\u2019s financial technology (fintech) industry saw a three-year high in deals transacted in the first half of 2021, with a total of 72 deals worth US$614.2 million (S$830.9 million) recorded.<\/p>\n<p>In the Asia Pacific region, total fintech investment soared to US$7.5 billion in the same period, with those in the payments space retaining the top spot among investors \u2013 a strong indicator of greater transformation to come.<\/p>\n<h3><a href=\"https:\/\/www.channelnewsasia.com\/advertorial\/5-banking-innovations-5g-will-unlock-2137231?utm_source=pocket_mylist\">Read the full article<\/a><\/h3>\n<p>&nbsp;<\/p>\n<p>Related stories:<\/p>\n<p>&#8211; <a href=\"https:\/\/www.fintechnews.org\/_\/the-cybersecurity-sector-is-booming-heres-how-to-play-it\/\">The cybersecurity sector is booming \u2014 here\u2019s how to play it<\/a><\/p>\n<p>&#8211; <a href=\"https:\/\/www.forbes.com\/sites\/forbestechcouncil\/2021\/10\/05\/cybersecurity-strategy-from-hypothetical-to-empirical\/?sh=509334763cf6\">Cybersecurity Strategy: From Hypothetical To Empirical<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The new global wireless standard will transform financial services by enabling the full potential of the cloud, facilitating smart transactions and accelerating credit processes. In the last decade, Singapore\u2019s banking industry has made impressive strides to transform its offerings to meet the changing needs of customers. According to KPMG\u2019s latest\u00a0Pulse of Fintech Report, the [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":19952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[56,2,64,570,51,25],"tags":[],"class_list":["post-19951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-big-data","category-fintech","category-cloud-computing","category-cryptocurrency","category-cyber-security","category-martech"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.1 (Yoast SEO v26.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 banking innovations that 5G will unlock - Fintech News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fintechnews.org\/_\/5-banking-innovations-that-5g-will-unlock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 banking innovations that 5G will unlock\" \/>\n<meta property=\"og:description\" content=\"&nbsp; The new global wireless standard will transform financial services by enabling the full potential of the cloud, facilitating smart transactions and accelerating credit processes. In the last decade, Singapore\u2019s banking industry has made impressive strides to transform its offerings to meet the changing needs of customers. 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