TRANSFORMATION OF FINANCIAL RELATIONS DURING THE INTRODUCTION OF INNOVATIVE FINTECH TECHNOLOGIES

UDC 330.1
DOI: 10.36871/ek.up.p.r.2022.11.01.014

Authors

Fatima V. Dzodzikova,
Alyona E. Salamova,
North-Ossetian State University named after K. L. Khetagurov, Vladikavkaz, Russia
Elena I. Fomicheva,
National Research Mordovian State University, Saransk, Russia

Abstract

In the process of global digitalization, special tools for regulating and controlling the functioning of the sector have emerged. Automatic multi-level systems of verification and identification of persons, as well as all transactions, have come to the aid of human potential.
The article examines the classification of types and analyzes the interaction of new FinTech technologies on the subjects of the financial sector. The results of the scientific work made it possible to supplement and reveal the essence of each of the categories: FinTech, RegTech and SupTech. The speed of technology change is directly dependent on human ingenuity. Scientists and engineers of the XXI century face a task 25 times more difficult than their predecessors of the XX century. There is a constant complexity of discoveries in the field of science and the problem of IQ deficiency against the background of constantly increasing productivity and increasing needs.

Keywords

financial market, innovative technologies, information, FinTech, RegTech, SupTech