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Article: Banco Bradesco implements extensive VSAT network. (very small aperture terminal)
- Article from:
- Communications News
- Article date:
- March 1, 1993
- Author:
CopyrightCOPYRIGHT 1993 Nelson Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The banking business, by its very nature, is information-intensive. Nowhere is this more evident than in Brazil, where the nation's volatile inflation rate requires major economic indicators, such as salaries, loans and bank accounts, to be indexed daily.
As a result, Brazilians immediately deposit their cash into the bank and each day draw out only what funds they need for that day. This creates a tremendous volume of daily transactions, which must be collected and processed as quickly as possible. In addition, many Brazilians pay their bills at their bank, often making several transactions a day.
Since there were not enough terrestrial lines ...