Exploring 5G Use Cases in Banking and Financial Services

Delve into the potential of 5G technology in the banking sector as discussed at the TSDSI Tech Deep Dive Conference 2020. Discover initial use cases, network slicing applications for banks, and test bed initiatives for enhancing services and security. Learn about the innovative solutions and advancements shaping the future of banking with 5G technology.

• 5G
• Banking
• Financial Services
• Technology
• Innovation

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1. Panel Discussion on 5G Use Cases and Test Lab initiatives Oct 23rd 2020> 5G for Banking and Financial Services by Lalit Mohan Sanagavarapu (IDRBT) TSDSI Tech Deep Dive Conference 2020

2. Institute for Development and Research in Institute for Development and Research in Banking Technology (IDRBT) Banking Technology (IDRBT) IDRBT, established by Reserve Bank of India in 1996 to promote and enable technologies in Bank industry, a unique set-up Managing Centre for Analysis of Risks and Threats, Certification Authority Forum CIO, CAO, CISO Collaboration IIT, NITs, UoH & SUNY, Buffalo Bestowed as Scientific and Industrial Research Organisation by DSIR Centres Mobile Banking, Cloud Computing, Cyber Security, Affordable Technologies, Payment Systems, Analytics, 5G Use Cases TSDSI Tech Deep Dive Conference 2020

3. Initial Use Cases.. Banking Initial Use Cases.. Banking Other Use Cases NB-IoT Security Transactions in High Speed vehicles Mobility Massive number of devices Very high data rate High Volume Low Value Micropayments IoT Gateway (UPI/NEFT alternate) ATM as BTS Video Banking (AI/ML, Computer Vision) Futuristic ATM/Virtual Kiosk (VR and AR) Alternate Authentication (Biometrics) 5G Very high capacity Very low latency Near DC Regional Language Support Reliability, Resilience & Security BFS specific QoS (Network slicing) Fraud detection (AI/ML) Financial Inclusion (Frugal 5G) TSDSI Tech Deep Dive Conference 2020

4. Network Slicing for Banks Network Slicing for Banks (Security, Coverage, Availability and other QoS) (Security, Coverage, Availability and other QoS) Existing Banking Networks - INFINET and NPCINet Existing Technologies VSAT and MPLS HiTech Customers eMBB Financial Inclusion LMLC Inter/Intra Bank Connectivity URLLC IoT mMTC Banking Slice TSDSI Tech Deep Dive Conference 2020

5. Test Bed Initiative Test Bed Initiative User Community Test Environment Protocol Stack & Test Bed from IITs Devices, Simulators and other equipment from Organizations Startups, Hackathon Joint Development of PoC, Demonstrations, Frameworks, Software Development Kit Development Platform Developers from Banks IDRBT Researchers and Engineers Compute & Storage IDRBT s Openstack and CSP Services TSDSI Tech Deep Dive Conference 2020

6. Thank You slmohan@idrbt.ac.in https://5g.idrbt.ac.in TSDSI Tech Deep Dive Conference 2020