The Growth Digitalization in Financial Services

Financial Services CDN Growth

With financial activity becoming increasingly digitized, particularly as consumers choose to manage their finances online. 

  • 73% of consumers now use an online banking channel at least once every 30 days, whereas 59% use a mobile banking application. (Deloitte)
  • The number of people who use mobile banking exceeded the number of those who bank using computers two years “ahead of schedule.” (Juniper Research)

However, Official statistics of online banking from the US government reveal that nearly 3,500 cyberattacks against banks in the United States were recorded in the first seven months of 2019 alone.

 

To thrive in the faster forward world, financial services such as banking, insurance, asset management, brokerage, payments, and financial exchanges need to meet customer demand for instant, secure, reliable online access to all content and services, on any device, anywhere, anytime.

The surge in global Internet traffic is driving demand for remote peering and accelerating growth in connectivity to global internet exchanges

Cyber attacks are becoming increasingly problematic for organizations that conduct business online. Based on high network capacity and sophisticated fine-tuning of network premises Tier-1 connectivity drives network transformation while operating securely and efficiently within the boundaries of the deeply regulated financial services industry in a cloud-native era.

Discover how Telia helped a global bank elevate its operations with an integrated global connectivity solution that delivers smart, predictable performance.

 

Internet Peering Compliance in the Financial Services Market