The Financial Industry 4.0

Technology has been introducing and enabling new paradigms in different industries. In the financial sector, the rapid growth of technology-based financial firms (e.g., Fintech and InsurTech) has put incumbent financial institutions (e.g., banking, insurance, and credit institutions) under pressure to transform their business strategies and operations to cope with these changes. The main emphasis of this book is on The Financial Industry 4.0 to provide insightful understanding about the benefits as well as the challenges that financial institutions are facing.

We extend our thanks to the authors of the book's chapters for their dedicated efforts in delving into the presented topics. We appreciate the time and effort they invested in exploring the presented topics, and we trust that their work will enhance our comprehension of the financial sector under the emerge of the Industry 4.0.