The financial services industry is on the cusp of a revolution driven by the Internet of Things (IoT). This technology promises to transform the way we bank, offering a more personalized, secure, and efficient experience. A recent report by Verified Market Research estimates the IoT in Banking and Financial Services Market to reach a staggering US$52.38 billion by 2031, growing at a staggering Compound Annual Growth Rate (CAGR) of 50.10%. Here’s a breakdown of the...