THE NEED FOR INTERNATIONAL COOPERATION IN THE FIELD OF FINTECH DEVELOPMENT

Abstract

The main trend in the field of financial technologies (fintech) is their increasing influence on the global economic order, international relations, as well as changes in organizational and managerial decisions related to their development at the national level. The article proves that these processes are not just a «reassembly» of the financial system on a new technological basis2, but have all the signs and forms of regular international financial integration. The active introduction of financial technologies into the practice of financial integration justifies the need for international cooperation in this area at a qualitatively different level, taking into account the convergence of technologies and the specifics of national models of fintech development. The results of the study of trends in international relations and forms of their coordination in the field of fintech development are presented: from the formation of intersectoral and interregional ecosystems to international agreements, alliances and coalitions. The stages of international financial integration and their corresponding forms and areas of coordination are highlighted.