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2020 | 1(57) | 71-79

Article title

Modern fintech directions in the banking sector

Content

Title variants

PL
Nowoczesne kierunki technologii finansowej w sektorze bankowym

Languages of publication

EN

Abstracts

EN
The article defines the essence of the concept of «financial technology». Modern fintech trends in Ukraine and in the world are analyzed. Also, presents the most successful examples of the use of financial technologies in the banking sector in recent years. In addition, a number of areas for future research in the field of financial technology, which are currently very promising in the banking sector and could be launched in Ukraine and worldwide are offered.
PL
W artykule przedstawiono koncepcję technologii finansowych. Przeanalizowano współczesne trendy tych technologii zarówno na Ukrainie, jak i na świecie. Zaprezentowano również najlepsze praktyki wykorzystania technologii finansowych w sektorze bankowym w ostatnich latach. Ponadto zwrócono uwagę na możliwości uruchomienia wielu obszarów przyszłych badań na Ukrainie i na świecie w dziedzinie technologii finansowej, które są obecnie bardzo obiecujące w branży bankowej.

Year

Issue

Pages

71-79

Physical description

Contributors

  • Department of Banking Business, Ternopil National Economic University, Ternopil, Ukraine
  • Ternopil National Economic University, Ternopil, Ukraine

References

  • Oxford dictionary. FinTech. Retrieved from: https://en.oxforddictionaries.com/definition/fintech.
  • Ernst & Young. Global FinTech Adoption Index (2019). Retrieved from: https://fintechauscensus.ey.com/2019/Documents/ey-global-fintech-adoption-index-2019.pdf.
  • World FinTech Report 2018 (2019). Retrieved from: https://www.capgemini.com/wp-content/uploads/2018/02/world-fintech-report-wftr-2018.pdf.
  • Deloitte. Closing the gap in Fintech collaboration: Overcoming obstacles to a symbiotic relationship. Deloitte Center for Financial Services (2018). Retrieved from: https://www2.deloitte.com/content/dam/Deloitte/pl/Documents/Reports/pl-fsi-fintech-collaboration.pdf.
  • World Bank Group. Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Retrieved from: https://data.worldbank.org/indicator/FX.OWN.TOTL.60.ZS?end=2017&start=2011&view=chart.
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  • European Parliament. Retrieved from: https://www.europarl.europa.eu/portal/en.
  • Krungsri becomes the first bank in Thailand offering real-time international funds transfer based on Blockchain’s Interledger for corporate customers. Retrieved from: https://www.krungsri.com/bank/en/NewsandActivities/Krungsri-Banking-News/blockchains-interledger.html.
  • Fintech Trends that will Transform Banking and Financial Services in 2019. Retrieved from: https://perfectial.com/blog/fintech-trends-2019/.
  • Branches In Decline: Last One Out, Turn Off The Lights. Retrieved from: https://thefinancialbrand.com/66228/bank-credit-union-branch-traffic/.
  • Top 5 Innovations in Banking Application Development: From Challenges to Opportunities. Retrieved from: https://djangostars.com/blog/banking-application-development/.
  • Digital banking adoption. Retrieved from: https://www.finder.com/uk/digital-banking-adoption.
  • The official site of the Monobank. Retrieved from: https://www.monobank.com.ua/.
  • Fintech in Ukraine: trends, market overview and catalog. Retrieved from: https://data.unit.city/fintech/fgt34ko67mok/fintech_in_Ukraine_2018_ua.pdf
  • Ukrainian Fintech Catalog 2019. Retrieved from: http://drive.fintechua.org/FintechCatalog19Ukr.pdf.
  • Leong, K., Sung, A. (2018) FinTech (Financial Technology): What is It and How to Use Technologies to Create Business Value in Fintech Way? Int. J. Innov. Manag. Technol. 9(2), 74-78. Retrieved from: http://www.ijimt.org/vol9/791-M775.pdf.
  • McWaters, R. (2015). The future of financial services: How disruptive innovations are reshaping the way financial services are structured, provisioned and consumed, World Economic Forum. Retrieved from: http://www3.weforum.org/docs/WEF_The_future__of_financial_services.pdf
  • Wang, S., Fan, J., Zhang, M. (2015) An empirical study on the impact of perceived benefit, risk and trust on e-payment adoption: Comparing quick pay and union pay in China, Proc. 2015 7th International Conference on Intelligent Human-Machine Systems and Cybernetics.
  • Strange, A., and Rampell, A. (2016). Using “infection points” to overcome fintech startup distribution challenges. Andreessen Horowitz, May. Retrieved from: https://a16z.com/2016/05/06/inflection-points-fintech-distribution/.
  • Lockton, D., Harrison, D., Stanton, N. A. (2010). The design with intent method: A design tool for influencing user behaviour. Applied Ergonomics. 41(3), 382–392.
  • Bofondi, M., Gobbi, G. 2017. The big promise of fintech. European Economy 2:107–119. Retrieved from: http://european-economy.eu/wp-content/uploads/2018/01/EE_2.2017-2.pdf#page=109.

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-56fc7166-ae29-44d2-92d6-1af3e33cb278
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