Fintech is an Important Factor in the Digital Transformation of Commercial Banks
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Indexed Research Publishing Company
Abstract
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Modern digital technologies, which are part of the term Fintech, are pushing to change the structure and business model of financial sector participants. At the moment, digital financial technologies are driving the development of the digital economy, in particular, the digital transformation of the banking sector. In the article, scientific proposals aimed at the use of digital financial technologies and effective implementation of digital transformation have been developed.
Keywords
Fintech, BigTech, Fintech ecosystem, digital financial technology, digital platform