FINTECH INDUSTRY AND FINTECH DEVELOPMENT TRENDS IN LATVIA

The financial sector has changed significantly in recent years due to rapid technological developments. Financial technologies in other words FinTech have introduced new trends in the financial market and already as of now FinTech has become an integral part of the financial world. With the introduction of various financial technologies, consumers are undeniably benefiting, but the question of what risks it brings to economies and what impact it has on financial stability remains relevant. The research summarizes several expert opinions about the development opportunities of the FinTech industry in Latvia