Features of Fintech Companies in the Context of Industry 4.0

Authors:

Pages: 249-259
DOI: https://doi.org/10.54664/TPKX5822

Abstract:

There is no doubt that technology occupies a very important part of our daily lives today, and that the Fourth Industrial Revolution covers all industries. The financial sector is one of the sectors that has also been greatly influenced by Industry 4.0. Banking. Accounting, insurance, the tax function, cash management, control, and many others are developing thanks to the use of digital technologies and the automation of financial processes. Fintech companies, the use of mobile devices in banking, the crypto-banking system based on the blockchain technology, as well as the open banking systems are developing so dynamically that they have drastically transformed the financial sector in recent years.

Keywords:

fintech; digitalization; technology; innovation; transformation.

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