What if banks have a key role to play in the city of tomorrow? According to L'Atelier BNP Paribas, banks must 'do their part in building the Smart City,' through their knowledge of customers and their lifestyles. That knowledge is crucial to developing pertinent services that meet the needs of city dwellers.

All Smart City services and applications have one thing in common: they require cooperation between numerous players, such as local communities, businesses, service providers, connected equipment manufacturers (sensors, cameras, etc.), communications operators and citizens.

In July 2016, Marie-Claire Capobianco, Head of French Retail Banking and member of the BNP Paribas Executive Committee, emphasized that 'virtual networks and logistics are not enough for a Smart City to develop, it takes men and women: it takes Smart Citizens.'

At the heart of this exchange, banks will play their typical role, which is now essential: 'facilitating virtual and physical exchanges between various players.'

BNP Paribas SA published this content on 27 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 January 2017 13:40:07 UTC.

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