Wi-Fi Tackles the Financial Vertical

Overcoming Security Issues Is Still Hard but Becoming Easier

This Research Brief is part of the Wi-Fi Research Service


The financial vertical has long been a Wi-Fi laggard due to pressing security concerns. The passage of IEEE 802.11i and its widespread adoption has eased some of these concerns, and the result is a growing market. The branch office is the source of most of this growth, fueled by customer demand and the need for guest access. Brokerage houses have been early adopters. With only around a third of financial establishments penetrated by Wi-Fi, this market segment has tremendous potential for Wi-Fi equipment vendors.




Executive Summary

Market Update

Section 1.
The Role of Wi-Fi in the Financial Community
1.1 Uses of Wi-Fi in the Financial Community
1.1.1 Deterring Internal Use
1.1.2 Increasing Mobility
1.1.3 Supporting Online Banking
1.1.4 Creating Temporary Sites
1.1.5 Guest Services
1.1.6 Driving the Branch of the Future
1.2 Overcoming Security Concerns and Meeting Federal Guidelines
1.2.1 Large Institutions Lead the Way
1.2.2 NASD Sets Guidelines
1.2.3 The Graham-Leach-Bliley Act (GLB)

Section 2.
Wi-Fi and the Financial Vertical: A Demographic Profile
2.1 Key Market Segments
2.2 Branch Offices
List of Charts
  • US Financial Institutions, Wi-Fi–Enabled by Establishment Employee Size
  • US Commercial Bank Establishments by Number of Employees
Report Code: RB-WIFI-108

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Number of Pages: 7
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Release Date: 2Q 2007
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