Abstract:
Fintech, as they call companies that use the latest developments
in the field of mobile payments, online lending, digital instant money
transfers and other breakthrough technologies in building their business
models. Organizations built on such models today are at the forefront of the
latest technologies. The purpose of this article is to reveal the essence of the
new concept and identify new challenges facing new financial technologies
in Kazakhstan and foreign countries. The article discusses the concepts of
financial management and financial technologies and their impact on the
development of the economy, analyzes the indicators of the development of
financial technologies in Kazakhstan and foreign countries, and identifies
problems. During the writing of this thesis the theoretical methods, a
comparison and a statistical methods were used. The periodicals of modern
literature, magazines and Internet resources were used in this work. The
theoretical and practical significance of the work consists in a broader
disclosure of the conceptual apparatus and the possibility of using the results
obtained in the course of the research in the activities of various institutions
to develop measures to improve their activities. Keywords: financial
management; effectiveness; financial technologies; economic challenges,
digital technology, mobile wallets, cryptocurrency.
