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| Open Access | FINTECH: FINANCIAL TECHNOLOGIES AND THEIR IMPACT ON THE ECONOMY
Toxirjonova Robiyabonu Khushnudbek kizi , First-Year Student At Kokand University, Andijan BranchAbstract
This article explores the impact of financial technologies (FinTech) on the economy, the traditional banking system, and financial services. It discussed the role of FinTech in the global economic system, its main directions, development trends, and future opportunities. Additionally, existing challenges in the sector and their solutions, investment opportunities, and suggestions for improving effeciency in financial technologies are presented.
Keywords
Fintech, digital financial services, blockchain, traditional banking system, investment technologies, financial innovations.
References
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World Bank Group. (2021). FinTech and Financial Inclusion: Opportunities and Challenges.
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OECD. (2023). The impact of Fintech on Financial Markets.
Deloitte. (2021). FinTech by the numbers: Incumbents, Startups, and Investors Adapt to Disruption.
PwC. (2019). Global FinTech Survey: How Financial Services Firms Are Embracing the FinTech Revolution.
McKinsey& Company. (2020). Global FinTech R
eport: The rise of Digital Finance.
Philippon, T. (2016). The FinTech opportunity. NBER Working Paper No. 22476
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This work is licensed under a Creative Commons Attribution 4.0 International License.