Impact of financial technologies on economic development: Theories, methods and analysis

Abstract

This research focuses on an analytical review of the scientific literature to select appropriate methods and evaluate the impact of financial technologies on economic growth. Since non-cash payments can be affected by various factors, there is a great variety of studies relating to them in the scientific literature. However, existing scientific papers reflecting on the economic growth and noncash payments do not determine the cause-effect relationship trends in different periods. Current study intends to fill this gap. Using an original method based on correlation analysis, the relationship of indicators in different periods is calculated with the use of the SPSS software. The data is collected for period of 2004-2019, during which the reviewed countries were actively developing and increasing their financial and technological capacities. Analysis results largely indicate an increase in the number of bank branches in many of the reviewed countries. Further, we

The Impact of Fintech and Financial Literacy on MSME Development through Access to Finance

“…The results of previous research conducted in various countries also show that there is an influence of Fintech on the development of MSMEs, this is like research that has been conducted on the performance of Cameroonian MSMEs, which shows that there is an influence of fintech has a positive and significant effect on the performance of SMEs (Lontchi et al, 2023), Other research in Jordan also shows that fintech has a positive effect on SME performance (Younis et al, 2023). The findings of research conducted in Indonesia show that the 82 Fakultas Ekonomi dan Bisnis Universitas 17 Agustus 1945 Surabaya perceived benefits of Fintech have a direct impact on the intention of SMEs to use Fintech during the pandemic (Nugraha et al, 2022), the advancement of SMEs and MSMEs will ultimately affect economic growth, this is in line with research conducted by (Kireyeva & Kredina, 2021). Other research shows that people already know the usefulness of fintech and its development.…”

Assessing Inequality of Income Distribution and Education in the Regions of Kazakhstan

“…Kangalakova highlighted that for the integrated and uniform development of areas, appropriate strategic and tactical management decisions should be considered depending on each region's specifics (Kangalakova & Rakhmetova, 2021). At the same time, many Kazakh studies poorly investigate critical issues related to the evolving nature of regional inequality in the urbanising areas in Kazakhstan (Bekturganova et al, 2019;Kireyeva et al, 2021). It is also not entirely clear how to interpret regional inequality accompanied by a shift of the population from the unde-Экономика региона, Т.…”