Industry

Banking in Industry 4.0 is the ” The bank of the future”

​

Having the convenience of mobile banking or e-wallet applications on our smartphones will ease the process of checking the bank account instead of physically going to the ATM machine. Digital transformation in banking involves going cashless for better safety in transaction and easier financial management. Accessing the mobile banking application brings a whole new experience of wide flexibility compared to the conventional way of proceeding with a transaction. It is encouraged to use cashless payment, and this is beneficial especially during Covid-19 where it must not involve any physical contact.

​

With the involvement of IR 4.0 in banking sector, cyber-security can be tightened especially with block-chain technology. Digital banking would bring a huge impact on digital economy and generations to come. To ensure mobile banking is safe, biometric logins are introduced to ensure tighter security and the convenience of the user experience. The traditional way of inputting password through plain text is less secured compared to utilizing biometric password.

​

At Tennoz, we help our client to strategize their digital transformation towards industry 4.0 by developing digital blueprint, modernization roadmap, network architecture, technology/solution assessment, vendor assessments, tender management, rollout management and knowledge transfer.

​

For further information, contact us at tennozadmin@tennoztechnology.com and we will get back to you shortly.