FinTech play a pivotal role in facilitating access to financial products and services. At the moment, the country characteristics that facilitate the use of FinTech are not adequately identified in the literature. This paper attempts to contribute to the understanding of which country characteristics facilitate the use of FinTech and how FinTech can drive sustainable economic development. Based on a sample of 62 developing countries, the 3SLS regression results find a positive effect of the quality of infrastructure and business ecosystem on the use of FinTech. Moreover, the results provide support for a positive significant effect of use of FinTech on financial inclusion and of financial inclusion on sustainable economic development. These findings provide new insight into which country conditions influence the use of FinTech and how improvements in the use of FinTech do affect the level of sustainable economic development.

<p>Western democratic societies are currently experiencing an interesting convergence of trends: population aging and rapidly advancing technology. In our increasingly digital economy, it is important to be reflective on the effects of technological evolution in our institutions. Older adults have observed many changes as we have entered the information age. Their experience with this evolution has been documented in the literature in understanding the acceptance and use of information and communication technologies (ICT), most frequently the personal computer. This thesis contributes to and extends the existing interdisciplinary scholarship on older adults and technology, broadening the scope from that of the individual to the societal level. I examine how institutional changes in the public sphere, specifically technological advances in the financial system accompanying the digital economy, are perceived by older adults.</p> <p>A mixed methods study was conducted composed of a forty item mailed out questionnaire and twelve in person interviews recruited through the McMaster SHARE group. The analysis of this work was conducted with an interpretivist ontology, understanding the co-creation of technology and society. Theoretically, the life course perspective was important in framing this work. Analysis revealed three major themes that have been described in the thesis in individual chapters: ideas of subjective age, risk and trust, and gender and intersectionality.</p> <p>Consistently in this project, discussions of financial technologies blended with older adults’ perceptions of technology in a broader sense. This both evidenced the life course perspective and comments on the pervasive influence of technology in our society.</p> / Master of Arts (MA)

La presente investigación tiene como propósito hacer una revisión de la literatura sobre el uso de las tecnologías disruptivas en el sector financiero y cómo estas se proyectan hacia el futuro. En la revisión de las publicaciones al respecto, se ha hecho una búsqueda profusa, con un mayor enfoque en el periodo comprendido entre el 2013 hasta la actualidad, buscando poner de manifiesto la constante evolución de la tecnología, pero sobre todo su inserción en los servicios financieros. Sin embargo, es importante señalar que en este campo las publicaciones se van incrementando, van cada vez más en aumento. Se han trazado, principalmente, tres objetivos que organizan la estructura del trabajo. En un primer momento, se busca determinar el alcance de lo que se entiende por tecnologías disruptivas y cómo estas se relacionan con las empresas y los negocios, por lo que se hará un breve repaso por su significado, sus inicios y evolución, así como un detalle de las principales tecnologías en nuestros días. En segundo lugar, se ha hecho una revisión de la estructura y la composición del sistema financiero tanto en América Latina como en el Perú. Finalmente, se ha investigado cómo las tecnologías disruptivas se están aplicando en el sistema financiero y los cambios que han originado. Las principales conclusiones que se desprenden de la investigación denotan que, al inicio, las primeras empresas en desarrollar tecnologías disruptivas en el sistema financiero fueron las fintech, por lo que hoy en día los sistemas financieros tradicionales las ven como una amenaza, implementando dentro de sus organizaciones unidades de innovación y aplicando estas metodologías ágiles para hacerles frente al emular sus actividades. Para algunos autores, de acuerdo con la tendencia global, la colaboración entre los bancos y las fintech es inevitable. Adicionalmente, se concluye que la regulación existente en las nuevas tecnologías generadas por los bancos y las fintech es escasa; de hecho, casi no existen en el Perú y se espera que se establezca una regulación para proteger a todos los actores del sistema en pro de su estabilidad y la prevención de actividades fraudulentas. Además, se concluye también en que no hay un desarrollo homogéneo en la aplicación de tecnologías disruptivas por todos los actores del sistema financiero, y tampoco existe consenso sobre los principales beneficios que las tecnologías disruptivas proporcionan a dicho sistema, pues mientras unos autores resaltan la contribución en términos de velocidad, tiempo y seguridad de información, para otros los beneficios radican en la reducción de costos y optimización de procesos. / The purpose of this research is to review the literature on the use of disruptive technologies in the financial sector and how they are projected into the future. In the review of the publications in this regard, a profuse search has been made, with a greater focus on the period from 2013 to the present, seeking to highlight the constant evolution of technology, but above all its insertion in services financial. However, it is important to note that in this field publications, they are increasing more and more. Mainly, three objectives have been outlined that organize the structure of the work. At first, we it seeks to determine the scope of what is understood by disruptive technologies and how these relationships with companies and businesses, so a brief review of their meaning, their beginnings and evolution, as well as a detail of the main technologies in our days. Second, a review was made of the structure and composition of the financial system in both Latin America and Peru. Finally, we have investigated how disruptive technologies are applying in the financial system and the changes they have caused. The main conclusions that emerge from the research show that, at the beginning, the first companies to develop disruptive technologies in the financial system were fintech companies, which is why today traditional financial systems see them as a threat, implementing innovation units within their organizations and applying these agile methodologies to face them by emulating their activities. For some authors, according to the global trend, collaboration between banks and fintech companies is inevitable. Furthermore, it is concluded that the existing regulation on new technologies generated by banks and fintech companies is scarce; in fact, they hardly exist in Peru and he hopes that a regulation will be established to protect all the actors in the system in favor of its stability and the prevention of fraudulent activities. In addition, it is also concluded that there is no homogeneous development in the application of disruptive technologies by all actors in the financial system, nor is there consensus on the main benefits that disruptive technologies controlled by said system, while other authors highlight the contribution in terms of speed, time and information security, for other benefits lie in reducing costs and optimizing processes. / Trabajo de Suficiencia Profesional