DIGITAL TRANSFORMATION IN THE FINANCE SECTOR: FINTECH

Abstract

Thanks to technological developments that have changed the way the world works, the financial sector has also had to adapt to today's digital age. Transactions that were once only possible with visits to financial institutions can now be completed in minutes with a mobile phone. Developments involving the improvement of financial transactions and services with the help of technology and their transfer to the digital environment The scope of FinTech, that is, financial technologies, continues to expand day by day. The demand for financial technologies has increased tremendously in 2020, especially with the impact of the COVID-19 pandemic. The importance of FinTech solutions in businesses has become even more important in 2021.