Judging from the development of the financial and telecommunications industries overseas, it would also change the service model in the financial industry. By doing so, it could help reduce cost and deployment time, while expanding bank coverage. For risk monitoring, high-speed 5G transmissions in combination with artificial intelligence and big data would help banks enhance their ability to detect fraud. In the long run, 5G would not only open a new era of Internet connectivity, it would also open up opportunities for innovative services in the financial industry. The development and application of such technology is critical to making financial services ubiquitous, and business operators would be wise to seize this opportunity.
