The Impact of the Development of Financial Technologies on Traditional Banks

The article shows the impact of the banking industry on modern economic growth, the current mechanism of the banking industry and the impact of the banking industry on the market economy. Concepts related to the banking sector, i.e. FinTech, modern digital technology and other descriptive indicators related to it are considered. The structure of the banking services market, the specific features of its interaction with the labor market are revealed. The advantages of FinTech technology in the banking sector were shown.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-10-25
DOI
https://doi.org/10.5281/zenodo.14005209
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

The Impact of the Development of Financial Technologies on Traditional Banks

Zenodo (CERN European Organization for Nuclear Research)
FinTech, Crowdfunding, Digital Finance
article

The Impact of the Development of Financial Technologies on Traditional Banks

article en

Abstract

The article shows the impact of the banking industry on modern economic growth, the current mechanism of the banking industry and the impact of the banking industry on the market economy. Concepts related to the banking sector, i.e. FinTech, modern digital technology and other descriptive indicators related to it are considered. The structure of the banking services market, the specific features of its interaction with the labor market are revealed. The advantages of FinTech technology in the banking sector were shown.

Zenodo (CERN European Organization for Nuclear Research)
Tashkent State University of Economics (UZ)
Decent work and economic growth
Openalex Percentile: Top 40%
FinTech, Crowdfunding, Digital Finance
DOIOpen Access PDFOpenAlex
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The Impact of the Development of Financial Technologies on Traditional Banks · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS