“Why More Banks Are Switching to Fixed Wireless Access”
Learn why retail banks of all sizes are turning to fixed wireless access, a more flexible and affordable alternative.
Retail banks rely on connectivity as an essential component of productivity and great customer service. Unfortunately, legacy wireline connections aren’t meeting modern banking needs in an increasingly competitive marketplace—and they can be expensive to maintain or replace. They can also lock banks into physical locations with high property costs and other factors that erode profits. And in some places, broadband connectivity isn’t an option, making it hard to expand and offer great customer service.
Some experts predict that in the next two years, 25% of financial services firms will invest in 5G, which opens the door to new technology options, such as fixed wireless access, that better serve their needs. More banks are turning to FWA as a flexible and affordable way to replace wired broadband. In this playbook, you will learn:
- What fixed wireless is and what are its advantages
- Why banks of all sizes are switching to 5G and FWA
- What to consider before making the switch