Financial Sector Rapidly Embraces Technological Innovations - Official

2024-05-15 03:10:58

(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 15. The financial sectoris rapidly mastering technological innovations, deputy chairman ofthe Banking Regulation and Supervision Department Mustafa Aydinsaid during the Fintech Summit in Baku, Trend reports.

“The financial sector is rapidly mastering technologicalinnovations. The growth in the use of smart devices and mobileinternet over the past 10 years has stimulated the development ofthe financial sector,” he noted.

According to him, the digital revolution in the financial sectorwill continue to grow.

“We are also closely following and will continue to follow newdevelopments in the digitalization era,” Aydin added.

To note, Baku is hosting Fintech Summit 2024 on May 15–16, 2024,under the title“New Trends in Banking and Financial Ecosystems:Innovative Solutions, FinTech, and Security."

Stay up-to-date with more news on Trend NewsAgency's WhatsApp channel

MENAFN15052024000187011040ID1108214616

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.