Financial Technology as a Tool of Digital Economy

Abstract

The aim of the paper is to study financial technologies as a tool of digital economy and identify the factors that influence them. Approaches to study the definition ‘financial technology’ are systematized and the basic prerequisites conducive to their development in the world are determined. The factors influencing the development of financial technologies are analyzed. The risks that hinder advancement of financial technologies in the Russian Federation are identified; it is concluded that the development of financial technologies should be accompanied by a transformation in the field of education, providing training for specialists required in digital economy.