As the world stands on the brink of a technological revolution that will fundamentally change the way everyone lives, works and interacts with each other, it will be possible to observe the complete disruption of many industries and of their economic models. . In its scale, scope and complexity, the transformation will be unlike anything humanity or business has experienced before. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay The Fourth Industrial Revolution is bringing significant changes to the relationships between individuals and businesses. On the supply side, many industries are seeing the introduction of new technologies that create entirely new ways of meeting existing needs and significantly disrupt existing industrial value chains by improving the quality, speed or price at which the value is provided. On the demand side, phenomena are also occurring, as increasing transparency, consumer engagement and new models of consumer behavior (increasingly based on access to mobile networks and data) force companies to adapt the way they design, market and provide their products and services. A key trend is the development of technology platforms that combine both demand and supply to disrupt existing industry structures, such as those we see in the “sharing” or “on-demand” economy. These technology platforms, made easy to use by the smartphone, bring together people, assets and data, creating entirely new ways of consuming goods and services. In addition, they lower the barriers that prevent businesses and individuals from creating wealth, thereby changing the personal and professional environment of workers. These new business platforms are rapidly multiplying into many new services, from laundry to groceries, from chores to parking, from massages to travel, and the financial services industry is no longer an exception. The digital revolution is transforming customer behavior when accessing financial products and services. The industry is known to have seen a certain degree of change in recent years, but the steady penetration of technology applications into almost every segment of financial services is new. At the intersection of finance and technology lies this astonishing phenomenon, accelerating the pace of change at a remarkable rate and reshaping the industry status quo, called FinTech. FinTech is a fairly dynamic segment at the intersection of financial services and technology sectors in which technology-driven startups and new market entrants are innovating with products and services currently provided by the traditional financial services sector and formerly untouchable. FinTech is gaining considerable momentum and disrupting the traditional value chain of financial institutions as well as the economic scenario in many countries and markets. Cutting-edge FinTech companies and new marketplace activities are reshaping the competitive landscape, blurring the lines that once defined players in the financial services and banking industries. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get Personalized Essay In addition to having one of the most complex ecosystems, where traditional banks fail, FinTechs succeed. As customers become accustomed to the experience.