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 The banking industry is considered to be slow, conservative, and also open to various forms of bureaucracy. Owing to the multiple apprehensions and myths, the industry is often perceived as a slow adopter of technology innovations. Talking about Fintech organizations and modern banks, they have been the early adopters of opportunities offered by IoT technology .      IoT Use Cases in Banking The Internet of Things can be a competent growth driver for the financial industry to succeed. Most of the technology adoption cases in the industry might look far-fetched; still, the pace at which IoT is developing, the concept of connected banking is no more superficial. Following are some prominent use-cases in which the IoT technology can revolutionize the banking industry Personalization of Wealth Management By using data processing algorithms, we can easily get wealth management insights. IoT technology in financial services will enhance further the accuracy and speed