Topic: Impact of emerging technology on financial service delivery

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BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking

Describe IoT features, two use cases in banking, and associated challenges

a) Describe the main features of Internet of Things (IOT) technology. [10 Marks

b) Describe two use cases of IOT technology in modern banking activities and operations, and discuss the major challenges associated with the adoption and use of IOT technology in banking. [10 Marks

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BSIM – APR 2023 – L3 – Q2 – Internet of Things in Banking

Describe IoT features, two use cases in banking, and associated challenges

a) Describe the main features of Internet of Things (IOT) technology. [10 Marks

b) Describe two use cases of IOT technology in modern banking activities and operations, and discuss the major challenges associated with the adoption and use of IOT technology in banking. [10 Marks

Login or create a free account to see answers

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