IKROMOV NURIDDIN
PhD IN REAL ESTATE FINANCE, PROFESSOR AT CSU SACRAMENTO (SACRAMENTO, CA, U.S.A.)
JIYANOVA NARGIZA ESANBOYEVNA
PhD IN ECONOMICS PROFESSOR AT TASHKENT INSTITUTE OF FINANCE (TASHKENT, UZBEKISTAN)
Abstract: This article provides a brief overview of the financial technology (fintech) industry; describes the various types of fintech firms in existence today; describes how fintech differs from traditional financial services providers; highlights the opportunities that financial technology presents for consumers; and presents the current challenges associated with this industry, specifically as they relate to regulation of the financial services industry.
Keywords: financial technology, financial markets, financial regulation, digital technologies, fintech products