Rovena Troplini – Aleksandër Moisiu University, Durrës, Albania

Ikbale Tota – Aleksandër Moisiu University, Durrës, Albania

Merjemë Zyko – Durrës, Albania

7th International Scientific-Business Conference – LIMEN 2021 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Online/virtual, December 16, 2021, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-54-7, ISSN 2683-6149, DOI:

Technological solutions;
Financial services;
Banking sector



Technological development has played an integral role in the transformation and progress of the financial sector. Reductions in time, costs, efficiency, are some of the opportunities that the Fintech sector stim­ulates. In this paper we will examine the advantages of technology integra­tion in finance and FinTech’s interaction with other sectors such as banking but also the risks it carries. We will analyze Fintech implementation in Alba­nia market and the challenges faced for development.

If we take into consideration how quickly the economic, social, cultural and natural conditions are changing, of course finding, applying and develop­ing new alternatives is the right solution. FinTech is therefore seen as the fu­ture of the financial sector.

In conclusion, Albania as a developing economy and unknown with new technologies, regardless of all the difficulties, is open to innovations and can be seen as a new market for the development of FinTechs.

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