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“Much of our services are now delivered online. We hope to see online banking services get more widespread as we introduce newer technology,” Bhagat said.Gopal Singh Gosain of UBI said that he expected online banking and cashless payments to reach a granular level in the next 3-5 years, as technology advanced and was absorbed by the financial services companies like banks.R Chandrasekhar, chairman of the IT strategy committee, of YES Bank, said that the spread of the internet through smartphones had made it easier for banking and financial service companies to introduce new technology to access their services.G Kumar, chairman, Oriental Insurance Company, said adoption of fintech in the insurance sector is expected to be faster as customers are becoming more aware of the benefits of accessing their insurance companies’ online. Visakhapatnam: The banking industry expects to see the adoption of cutting edge technologies in their services in the next 3 to 5 years, speakers at a panel discussion at the ongoing Vizag Fintech Festival said here on Tuesday.R S Sharma, chairman of Telecom Regulatory Authority of India, said that Trai was currently involved in creating the framework for expanding the setting up of public Wi-Fi access points in India.Sharma said that Trai’s plan to increase the number of public Wi-Fi access points, including a framework that would allow small entrepreneurs like tea shop owners to set up and maintain access points, while device manufacturers, payment companies, ISPs and telcos and consumer internet companies could provide public data offices.Smita Bhagat of HDFC Bank said that the bank was working with several vendors, including fintech companies, who could provide cutting-edge solutions to the customers..