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Journals / BİLTÜRK Ekonomi ve İlişkili Çalışmalar Dergisi / 2020 / Cilt: 2 - Sayı: 3

Development of Fintech Sector in Turkey

Semih Serkant AKTUĞ
Pages
487–499
Publication Date
2020-07-22
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This article attempt to evaluate the development of fintech sector in Turkey.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Today, the financial sector is facing great changes.
📊
Key Findings & Data:In recent years, the number of daily financial transactions has steadily increased, and digital payments are increasingly being incorporated into routine operations.
💡
Conclusion & Impact:This article attempt to evaluate the development of fintech sector in Turkey.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Fintech · Yenilik

Abstract

Today, the financial sector is facing great changes. Innovations in financial technology are leading us to a new era of destruction. In a more competitive environment than ever, identifying tomorrow's winners and losers will be the key to capitalizing on the potential growth of the fintech industry. In recent years, the number of daily financial transactions has steadily increased, and digital payments are increasingly being incorporated into routine operations. Shopping on social media platforms, transferring money through messaging applications and paying in the car using voice control have become a vision, not a future. The pace of innovation is increasing and customers want to make secure financial transactions anywhere, anytime, on any platform. Financial companies are also aware of how fast consumer behavior is changing. This article attempt to evaluate the development of fintech sector in Turkey.

Özet

Today, the financial sector is facing great changes. Innovations in financial technology are leading us to a new era of destruction. In a more competitive environment than ever, identifying tomorrow's winners and losers will be the key to capitalizing on the potential growth of the fintech industry. In recent years, the number of daily financial transactions has steadily increased, and digital payments are increasingly being incorporated into routine operations. Shopping on social media platforms, transferring money through messaging applications and paying in the car using voice control have become a vision, not a future. The pace of innovation is increasing and customers want to make secure financial transactions anywhere, anytime, on any platform. Financial companies are also aware of how fast consumer behavior is changing. This article attempt to evaluate the development of fintech sector in Turkey.

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Cite This Article

AKTUĞ, S. S. (2020). Development of Fintech Sector in Turkey. BİLTÜRK Ekonomi ve İlişkili Çalışmalar Dergisi, Cilt: 2 - Sayı: 3, 487–499. https://ajindex.com/articles/78804

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