Selected countries of Eastern and Central Europe in the face of challenges of modern financial technologies (on the example of Robo-Advice)

• Authors: Waliszewski Krzysztof , Warchlewska Anna
• Languages of publication: EN

Abstracts

EN

The aim of this article is to diagnose the state of technological advancement in the field of personal finance in Eastern European countries on the example of automated financial advice. The considerations were based on the literature on the subject, and in the empirical part a critical analysis of secondary data from databases was made and the results of research on robo-advice and determinants that may affect the advancement of the use of modern tools in personal finance management were published. Based on the data analysis, it was concluded that technological sophistication in personal finance in the studied countries of Eastern and Central Europe was at a high level, as evidenced by the high concentration of assets and the growing number of robo-advice users.

Keywords

EN

personal finance management; modern financial technologies; robo-advice; open banking

• Publisher: Wydawnictwo Uniwersytetu Warmińsko-Mazurskiego
• Journal: Przegląd Wschodnioeuropejski
• Year: 2021
• Volume: 2
• Pages: 153-165

Dates

published

2021-12-31

Contributors

author

Waliszewski Krzysztof

• University of Economics in Poznań

author

Warchlewska Anna

• University of Economics in Poznań

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Identifiers

ISSN

2081-1128