Impact of Industrial Revolution 4.0 on Banking and Financial Sector

The digital revolution or the Industrial Revolution 4.0 has a strong impact on all socio-economic industries and fields, including the banking and finance industry, on the basis of bringing positive aspects, promoting the process of economic development socio-economic development process, creating a lot of opportunities for businesses in the finance - banking industry to participate in the global value chain, but at the same time, there are limitations that the parties need consider remedial. In this article, the authors analyze in-depth the opportunities and challenges of the Finance - Banking industry in the industrial revolution 4.0 and propose some solutions to the existing limitations.