Affiliation:
1. Tecnologico de Monterrey, Mexico
2. Virginia Tech, USA
Abstract
This chapter explores the dynamic FinTech landscape in the Middle East with a focus on the UAE and Turkey by considering the impact of cutting-edge technologies, particularly artificial intelligence (AI). Amidst rapid economic changes and a burgeoning youth population, FinTech has emerged as a pivotal force driving innovation. The UAE and Turkey, positioned as regional FinTech hubs, attract significant investments, fostering vibrant startup ecosystems. Analyzing statistical insights and technological trends, this chapter unravels the unique factors propelling FinTech adoption. It delves into the integration of emerging technologies and addresses challenges, opportunities, and future trends. Tailored for finance professionals, policymakers, entrepreneurs, and academics, this chapter aims to provide a concise resource for navigating and contributing to the evolving FinTech scene in the Middle East.
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