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E-FINANCE: CHALLENGES AND SOLUTIONS

I. K. Klioutchnikov, A. I. Klioutchnikova

First published: 2019https://doi.org/10.5593/sgemsocial2019V/1.1/S03.029View metrics

Abstract

Digital advances in the financial sector have led to the emergence of electronic finance, which is a new business model and publicly accessible information, financial, technological, economic and cultural platform for financial services and products. The transition of the financial industry to the “digit” and the emergence of the e-finance are associated with the FinTech revolution. E-finance is a deeply global phenomenon, representing the digital correction of spacetime processes and/or quasi resolution of a number of crisis trends in modern finance. On the other hand, new problems are introduced and new challenges are formed. The article discusses a number of areas of work in finance; in particular, special attention is paid to the idea of creating an electronic eco-financial system and a digital financial infrastructure with an emphasis on the formation of a new intermediation mechanism.

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Publication details

Title
E-FINANCE: CHALLENGES AND SOLUTIONS
Authors
I. K. Klioutchnikov, A. I. Klioutchnikova
Proceedings
6th International Scientific Conference on Social Sciences and Arts SGEM 2019
Publisher
STEF92 Technology
Year
2019
Pages
239-248
SWS Citekey
Klioutchnikov20193239248
ISSN
2367-5659
ISBN
978-619-7408-73-7
Language
en
Publication type
Proceedings Paper
Keywords
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