Estimation of fintech market in Ukraine in terms of global development of financial and banking systems

Abstract

This paper examines the fintech concept and fintech market structure. The theoretical and methodological approaches to the adaptation of the Ukrainian banking market to fintech in terms of globalization are investigated. The problems of Ukrainian banking system reforming after the national economy long-term recession are determined. Phases of technology development in the Ukrainian banking system are considered and fintech innovations in Ukraine are discovered.

Keywords

• banking system
• financial systems
• fintech market
• globalization