информационное письмо
DEVELOPMENT OF PUBLIC MANAGEMENT MECHANISMS IN THE CONTEXT OF IMPLEMENTATION OF WORLD PRACTICE OF FINTECH PRODUCTS IN UKRAINE (57-63)
DEVELOPMENT OF PUBLIC MANAGEMENT MECHANISMS IN THE CONTEXT OF IMPLEMENTATION OF WORLD PRACTICE OF FINTECH PRODUCTS IN UKRAINE (57-63)
Дата публикации статьи в журнале: 2020/09/09
Название журнала: Американский Научный Журнал, Выпуск: 40, Том: 1, Страницы в выпуске: 57-63
Анотация: The article theoretically summarizes the development of public management mechanisms in the context of the introduction of world practice of fintech products in Ukraine. On the basis of analysis, generalization and systematization of scientific sources the tendencies of development of fintech are covered.
Fintech is the basis of various financial services, in particular, such as money transfers, settlements, payment for goods and services, accumulation of funds needed to start a business etc. Fintech is a tool that helps companies, business owners and consumers better manage their financial transactions, processes and lives, using specialized software and algorithms that are installed on computers, tablets, smartphones and other multimedia devices.
With the development of fintech and the growth of its influence, the necessity for regulatory supervision by the state increases, sensitive financial data needs protection. However, such supervision should not hinder the development of fintech and the achievement of consumer needs.
Ukrainian society is open to the introduction of fintech. The NBU is promoting many important initiatives. But, unfortunately, many issues needs the legislation changes in the Verkhovna Rada. Ukrainian legislation regarding the collection, storage and processing of personal data of clients is similar to the GDPR norms used in most European countries. However, technology is evolving rapidly, and quite often, almost always, the state does not have time to make the necessary adjustments.
Despite the significant potential of Ukraine in the field of fintech today, it is necessary: - to develop a system of regulations on the fintech field; - to clearly identify state institutions that will be responsible for the development of fintech; - to create relevant departments in leading ministries; - to form a strategy and program of cooperation with financial investors.
Ключевые слова: fintech products public administration technology regulatory supervision market strategy
DOI:
Данные для цитирования: Podolchak Nazar Lukashevska Ulyana . DEVELOPMENT OF PUBLIC MANAGEMENT MECHANISMS IN THE CONTEXT OF IMPLEMENTATION OF WORLD PRACTICE OF FINTECH PRODUCTS IN UKRAINE (57-63). Американский Научный Журнал. Экономические науки. 2020/09/09; 40(1):57-63.
