Proceedings of the 2016 Conference on Information Technologies in Science, Management, Social Sphere and Medicine

The Influence of Information Technologies on Financial Market

Authors
Ekaterina Y. Kalmykova, Anna V. Ryabova
Corresponding Author
Ekaterina Y. Kalmykova
Available Online May 2016.
DOI
https://doi.org/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.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
Information Technologies in Science, Management, Social Sphere and Medicine
Part of series
Advances in Computer Science Research
Publication Date
May 2016
ISBN
978-94-6252-196-4
ISSN
2352-538X
DOI
https://doi.org/10.2991/itsmssm-16.2016.44How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - 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  - https://doi.org/10.2991/itsmssm-16.2016.44
ID  - Kalmykova2016/05
ER  -