THE IMPACT OF FINTECH TECHNOLOGIES ON ACCOUNTING AND THE BANKING-FINANCIAL SYSTEM

Nematullayev Hamidullo; Chirmashev Abdujalil

Authors

Nematullayev Hamidullo Andijan State Technical Institute 3rd-Year Student, Accounting and Auditing Program
Chirmashev Abdujalil Andijan State Technical Institute 1st-Year Student, Finance and Financial Technologies Program

Keywords:

FinTech, Accounting, Banking and Financial System, Digital Technologies, Blockchain, Artificial Intelligence, Automation, Financial Innovation, Electronic Payments, Cybersecurity.

Abstract

The rapid development of Financial Technology (FinTech) is significantly influencing accounting practices and the banking-financial system. Digital payment systems, artificial intelligence, blockchain technology, and automated financial platforms are accelerating accounting processes while improving accuracy and transparency. In accounting, the ability to process information in real time has emerged, reducing human-related errors. In the banking and financial sector, FinTech solutions contribute to enhancing customer service quality, ensuring faster and more secure transactions, and improving the efficient management of financial resources.

References

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