Banking financial technologies: Evolution of development in Russia

Subject. This article examines financial technologies used in the banking sector. Objectives. The article aims to analyze the practices of using financial technologies in the banking sector and determine the areas for their further development. Methods. For the study, I used description and classification, and the methods of cognition, including analysis and induction. Results. The article defines the level of development of financial technologies in Russia, their role in the functioning of the banking sector, the stages of development of banking financial technologies in Russia, and the main trends in the application of technological innovations in the activities of banks. Conclusions and Relevance. Financial technologies represent a huge potential for innovation in the banking sector. The results obtained can be useful for professionals in the field of banking and management, as well as for researchers interested in the impact of innovative technologies on the banking sector.