The Influence of Information Technologies on Financial Market

DOI

10.2991/itsmssm-16.2016.44How to use a DOI?

Keywords

FinTech, financial technologies, startups, financial market, financial regulation, innovations

Abstract

Article represents a new tendency - FinTech, a new market which is caused by fast development of technologies and which is today very attractive for investors. The authors introduce a great number of its different concepts: P2P-crediting, E-wallets, Bitcoins, mPOS-acquiring, T-commerce, mobile banks, etc. They are clearly described them as well-known tools not only for economists but also for majority of population. Many examples of their using in ordinary life are also presented. In spite of the fact that these tools make life easier they are, however, changing financial, monetary and credit systems of many countries. The influence of FinTech on these players of financial market is analyzed to improve their role in modern economy. Some problems and examples of FinTech regulation are also shown. Making conclusion the authors stress the influence of FinTech on the financial market and its importance for economy.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ekaterina Y. Kalmykova
AU  - Anna V. Ryabova
PY  - 2016/05
DA  - 2016/05
TI  - The Influence of Information Technologies on Financial Market
BT  - Proceedings of the 2016 Conference on Information Technologies in Science, Management, Social Sphere and Medicine
PB  - Atlantis Press
SP  - 220
EP  - 224
SN  - 2352-538X
UR  - https://doi.org/10.2991/itsmssm-16.2016.44
DO  - 10.2991/itsmssm-16.2016.44
ID  - Kalmykova2016/05
ER  -