Research on Financial Technology Innovation and Application Based on 5G Network

Abstract

In the mobile era, more and more financial institutions are beginning to cooperate with financial technology companies to enhance services and attract customers. The emergence of 5G technology has provided new choices for financial institutions, and the impact of the 5G ecosystem on financial companies and mobile banking is self-evident. With its strong security and speed, 5G technology will greatly shorten the trading cycle and transaction delay, and the capital market will also usher in a revolution. 5G technology will bring more customers and market share to financial institutions and financial technology. In terms of financial technology innovation and application services, 5G will increase productivity and customer satisfaction. The financial services industry hopes that 5G will improve real-time mobile trading and high-frequency trading. Safety is the most critical of the financial sector, 84 percent of financial services executives pay more attention to the potential of 5G provides a more secure transactions. This paper studies financial technology to promote business innovation, reduce risks in the financial sector, and promote high-quality economic development. Relying on high-speed, large-bandwidth, low-latency mobile 5G networks, it is carried out in the backbone network technology evolution, computer room drone inspection, and cash box transportation path monitoring.

Keywords

• 5G network
• financial technology
• innovation
• service