A Historical Evaluation on the Reflections of FinTech Developments on Central Banking and Monetary Policy

Yıl 2024, Cilt: 24 Sayı: 3, 935 - 954, 30.11.2024

Ömer Faruk Kömürcüoğlu , Haydar Akyazı

https://doi.org/10.11616/asbi.1516322

Öz

Developments in financial technologies (FinTech) facilitate financial services to become cheaper, faster and more accessible. In the historical process, these developments have been influenced by technological innovations such as the transatlantic cable, credit cards, ATMs, computers, and the internet. In the present day, they are being shaped by artificial intelligence, machine learning, cloud computing, and software. The rapid nature of these developments affects central banks and the monetary policy they conduct. The study aims to examine the foundations of this interaction historically within the framework of FinTech periods. The study emphasises the key role of central banks, which are responsible for the stability of financial system, in minimising the risks of financial crises by keeping pace with the pace of FinTech developments in line with their regulatory and supervisory role.

Anahtar Kelimeler

Financial Technology, FinTech, Central Banking, Monetary Policy

FinTek Gelişmelerinin Merkez Bankacılığı ve Para Politikasına Yansımaları Üzerine Tarihsel Bir Değerlendirme

Öz

Finansal teknolojilerde (FinTek) yaşanan gelişmeler finansal hizmetlerin ucuz, hızlı ve erişilebilir hale gelmesini kolaylaştırmaktadır. Tarihsel süreç içerisinde bu gelişmeler transatlantik kablosu, kredi kartı, ATM, bilgisayar ve internet gibi teknolojik yeniliklerle; günümüzde ise yapay zekâ, makine öğrenme, bulut bilişim ve yazılım ile şekillenmektedir. Söz konusu gelişmelerin hızlı yapısı merkez bankalarını ve yürüttükleri para politikasını etkilemektedir. Çalışma, bu etkileşimin temellerini FinTek dönemleri çerçevesinde tarihsel olarak incelemeyi amaç edinmektedir. Finansal sistemin istikrarından sorumlu olan merkez bankalarının, düzenleyici ve denetleyici rolü gereği, FinTek gelişmelerinin hızına ayak uydurmasının finansal kriz risklerinin en aza indirilmesindeki kilit rolü vurgulanmaktadır.

Anahtar Kelimeler

Finansal Teknoloji, FinTek, Merkez Bankacılığı, Para Politikası

Kaynakça

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