The Importance of Financial Services and Fintechs in Financial System

This monograph examines the financial services provided in the economy both theoretically and practically as well as the role of FinTechs in the provision of financial services. At the same time, scientific and practical proposals and recommendations on improving the quality of financial services and their innovative development of entrepreneurship were reflected.It also should be stressed that several materials of the research were used from the official websites of the diverse companies and organizations of the world in order to deeply analyze the concepts of theories (the sources of any used materials and statistics have been indicated in the chapter of “References”). We hope that our monography will be helpful and one of the main pieces of literature of this field for students, lecturers, representatives of this sphere all over the world. The monograph is intended for executives, financial services professionals and professors and students of economic universities, as well as researchers conducting research in this field.