Ericsson and Telstra are teaming up to explore 5G edge computing use cases and network capabilities for the financial sector by testing end-to-end banking solutions over 5G with Commonwealth Bank of Australia.
The collaboration marks an Australian first in bringing technology providers and the financial services sector together to explore 5G edge computing use cases and network capabilities.
5G edge computing is expected to simplify the network operations and complexity required at individual bank branches. The collaboration will explore optimal 5G coverage solutions to provide more flexibility for bank operations and locations. Trials are expected to showcase what the bank branch of the future might look like, and how 5G edge compute could help to reduce the network infrastructure currently required at individual bank branches.