Smart banking using IoT

Rani S. Lande, Susmita A. Meshram, Pranita P. Deshmukh · 2018

Today, everything is associated, wireless, or being wired up. The change in ordinary working models is demand of changing time. The expanded utilization of gadgets and web by clients has prompted an expansion in IoT information. IoT change lives and changes the way business is attempted. The paper presents use and significance of IoT in banking and financial Sector. Banks need to convert IoT information into profitable data and thus increase their market share and provide better services to the clients. This study endeavours to cover issues such as banking frauds and early detection of fraud using IoT.

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