Overcoming the Trickle-Down Effect Through Financial Inclusion Towards the Industrial Revolution 4.0 Building from the Edge

Abstract

High economic growth can encourage income distribution and can reduce poverty. One important factor that needs to be considered is that the skills and competencies of human resources must be consistently improved according to the needs of the growing labor market. The article is going to reveal the role of banks in implementing rural community empowerment to overcome trickle-down effect through financial inclusion policies towards the industrial revolution 4.0 and the role of banking in encouraging financial inclusion policies to move the real sector of rural communities in overcoming poverty trickle-down effect and overcome the difficulties of the industrial revolution 4.0. A descriptive qualitative approach was implemented. Badung Regency, Mengwi District, was the setting to collect data. The results showed the banking sector has collaborated with the Tri Eka Bina Artha Mulia Cooperative to utilize a powerful banking product, namely one-handed transactions with the aim of making it easier for the public or customer to obtain banking services. Source of funding for various community activities to improve the welfare of the community in Badung Regency, Mengwi District. Through financial inclusion, the banking sector in facing the 4.0 industrial revolution, building from the periphery, making the process of transaction and developing business easier, one-handed transactions help customers or people who live in villages to be able to transact both in the form of deposits, deposits and credit through Bank Negara Indonesia 46 agents, Bank Rakyat Indonesia Link and Automated Teller Machines as well as providing monthly payment services for consumer obligations such as payments for electricity, water, cellular phone credit, electricity credit, insurance, Social Security Administering Body.