| Abstract [eng] |
In the Master's thesis, the research of feasibility of implementation of open banking as a product of financial technologies in the Lithuanian market is done. The thesis consists of three parts, where the first part covers a theoretical analysis of fintech and its ecosystem as a background of the financial technologies. Moreover, the fintech market is analyzed from a theoretical point of view, where open banking is analyzed as a product of financial technologies. In the second part of the research, methods for the evaluation of the possible implementation of new applications, which are based on open banking services are presented. The T-test is used to evaluate the statistical significance of the mean difference between two independent samples, a mathematical model is built for evaluation of the possibility to integrate new open banking-based applications into the Lithuanian market. In addition, in the third part of the thesis, data is collected and systemized, comparative analysis for the evaluation of open banking application programming interface technical preparation is done. Furthermore, comparative analysis for existing open banking functions availability is done, and based on newly created mathematical model, evaluation of the possible integration of new applications, based on open banking API functions is done. Finally, the results of the research are interpreted, conclusions are made, based on the theoretical literature analysis, and the conducted research results. |
