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Technological advancements have changed the way people think about how they operate. Various new approaches to work and processes have been identified after adopting various technological changes. This paper discusses various changes adopted by the finance and banking sector with the help of various successful changes in the banking industry. The banking sector, where human-to-human interaction was the core of operating technology, has made it machine-to-machine. Various significant and recent changes have been discussed, followed by some challenges faced by this industry even after successfully adopting technology.

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Internet of Things and Indian Banking Industry: Applications and Challenges

  • 会议论文

  • 发表日期：

    2025年

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  • Bhavna Sharma,
  • Megha Aggarwal,
  • Renu Bala,
  • Rohit Dhiman,
  • Manish Badoni

摘要

Technological advancements have changed the way people think about how they operate. Various new approaches to work and processes have been identified after adopting various technological changes. This paper discusses various changes adopted by the finance and banking sector with the help of various successful changes in the banking industry. The banking sector, where human-to-human interaction was the core of operating technology, has made it machine-to-machine. Various significant and recent changes have been discussed, followed by some challenges faced by this industry even after successfully adopting technology.