Itaú takes a big step towards 5G

Itaú Unibanco decided to invest in 5G. The financial institution implemented the technology in 100 branches spread across five Brazilian states. According to the bank, the measure will promote greater availability of systems, in addition to accelerating the speed of financial operations.

The units chosen for the novelty are present in the states of São Paulo, Minas Gerais, Rio de Janeiro, Goiás and Paraná. The selection was based on studies that analyzed which locations had the necessary infrastructure to receive 5G.

Start of Itaú operations with 5G technology

According to Itaú, the current physical cabling of the networks causes interruptions in activities. Given the situation, the adoption of 5G technology has been adopted by Brazilian banks both in their physical networks and in the digital service channels.

The implementation of connectivity in financial institutions should lead to an important evolution for the sector. Despite the experimental phase in which the project for Banco Itaú is currently in, the trend is for more and more branches to be added to the list of units that have 5G technology.

The start of operations already makes it possible to observe gains in data traffic speed and connection availability.

Itaú should expand 5G to branches throughout Brazil

According to the Bank’s technology director, Fábio Napoli, “As we increase the technological power of physical units, we provide a combination of the agility of the digital environment with the convenience of face-to-face service. In this context, we remain focused on expanding the novelty to other locations in Brazil, as soon as this type of connection is available in more locations in the country”, he said.

Other financial institutions also invest in 5G technology. During the month of September, Claro and Bradesco signed a partnership to use connectivity.

Image: Vergani Photography / Shutterstock.com

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