Abstract

Technology is an integral part of modern life, and the financial market is no exception. Over the past twenty years, the world has seen a rapid rise in the development of technological solutions for doing business. New terms have appeared that radically change the essence of operations carried out in the financial market.The main feature of the Russian fintech is that noticeable innovations in the domestic market appear thanks to large financial institutions. However, today the banking sector is characterized by a number of problems associated with the system of introducing innovative technologies into its activities.The subject of research in the article is innovative financial products developed in the banking sector. The research results consist in identifying directions for the development of financial technologies in the world and the Russian Federation.The research materials are of scientific and practical interest, since it presents directions for improving approaches to the development and use of modern financial technologies by Russian banks based on foreign experience.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.