Problems of financial technology development in the modern credit system

This article discusses the need for financial technologies for the development of the credit system. The factors influencing the development of financial technologies have been studied, since significant data on domestic and foreign experience in the implementation of innovative technologies have currently been accumulated. However, the issue of the specifics of financial and technological development still remains incompletely studied, which is the main reason for choosing this topic for research. The problems of the development of financial technologies are presented and ways to solve them are proposed. The main directions of development of the credit system are revealed. The need to develop interaction between the bank and the client, which is aimed at maximizing the availability of credit services, has been studied; financial technologies, especially digital applications, play a decisive role in this issue.