One thousand Fully Digital bank branches thanks to INWIT

Rome, 22 December 2020 – The bank of the future is here. Thanks to INWIT, the 1000th fully digital branch has been given coverage, through the indoor installation of micro-antennas that offer multi-operator mobile coverage in all public spaces, guaranteeing the possibility to use e-banking services even inside branches.

The system is capable of achieving increasingly widespread coverage and meets the needs of a multichannel and digital bank, boosting the processes and operations of the branches. The result is a model that optimises timeframes and processes and bears witness to the perfect integration between traditional services and new tools: from e-payment and fintech to blockchain.

What is more, thanks to quick and easy authentication from your mobile phone, the INWIT system makes transactions more secure with no use of tokens. To date, the 1000 ‘fully digital’ branches are present in 700 municipalities in all 20 regions of Italy, with overall indoor coverage of around 300,000 m2, with the potential to serve over 7 million customers.

“We have been investing for years in the dissemination of technologies that drive growth and promote the digital transformation of many Italian businesses and regions. INWIT is a pioneer in the massive development of 5G in Italy, supporting operators, and with our commitment, we have created a model able to become increasingly widespread, sustainable and in line with Italy’s digitisation needs,” commented Gabriele Abbagnara, Head of Marketing & Sales of INWIT. “We are confident that our experience in creating infrastructure for indoor mobile coverage will enable the branches and individual banks to develop new products that are more and more tailored to their customers’ needs.”