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Web of Proceedings - Francis Academic Press

Research on the Mechanism of Fintech to Promote the Financial Industry Development in the Era of the Digital Economy

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DOI: 10.25236/ssehr.2022.023

Author(s)

Ailin Liu

Corresponding Author

Ailin Liu

Abstract

The development financial and technology industries must grasp the opportunity of the development of the digital economy; it is necessary to increase its efforts to promote the digital transformation of finance continuously. The article mainly starts with the nature and development of fintech in the digital economy; the system analyzes the research of the mechanism of the development of fintech to promote the development of the financial industry in the era of the digital economy, and puts forward the key points that should be paid attention to in the digital transformation of the digital economy era, hoped that it can provide a beneficial reference for the development of the financial industry.

Keywords

Digital economy; Fintech; Financial sector; Digital transformation