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FINTECH AND KAZAKHSTAN’S FINANCIAL MARKET

Abstract

Financial technology is rapidly developing area in the world. Developed countries are aware of its potential trying their best to catch the pace of changes in this area. Country governments are trying to support their domestic developers. Regulators are trying to adapt to the rapid character of the industry. Kazakhstan's government is also investing time and resources to catch the wave. Unfortunately, Kazakhstan is losing its domestic, fintech developers. Part of the developers seeks better conditions for product development and other part better markets to monetise technologies. Research focuses on main problems developers and specialists in finance area encounter and count as impediments in developing financial technologies development. Survey was made to define most critical problems and analysed along with current financial market condition.

About the Author

B. N. Kobadilov
International University of Information Technologies
Kazakhstan


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Review

For citations:


Kobadilov B.N. FINTECH AND KAZAKHSTAN’S FINANCIAL MARKET. Herald of the Kazakh-British technical university. 2019;16(3):360-364.

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ISSN 1998-6688 (Print)
ISSN 2959-8109 (Online)