Financial Technologies in the Context of Development of the Russian Economy

Abstract

Accelerating the pace of development of the national economy poses new challenges for the financial sector. Traditional financial services don’t bring investors the necessary profits. Traditional financial services don’t allow for quick payments and transfers. New financial technologies should be formed. The purpose of the scientific article is to consider financial technologies in the context of the development of the economy of the Russian Federation. The tasks of the scientific article are: To the definition of the concept of financial technology; to the analysis of directions of development of financial components of economy of the Russian Federation; to the formation of the financial ecosystem in the Russian economy. The methodological basis of the research is based on the analytical method, the method of theorizing, the method of implication, the method of grouping, the method of generalization of the material, the method of segmentarity of directions. The theoretical significance of the scientific article lies in the author’s notion of financial technologies. The practical orientation is traced in the model of the financial ecosystem for the development of the Russian economy.