Financial Technology and its Role in Achieving Sustainable Development

An Exploratory Study of a Sample of the Employees of the Iraqi Commercial and Trade Banks

Abstract

This study aimed mainly to clarify the role of financial technology as a modern financial experience in th banking sector and its role in enabling this sector to achieve economic and social development by enabling various social groups to acquire electronic services and benefit from them in meeting their needs, as the study relied on the descriptive analytical approach in Study the various aspects of financial technology and sustainable development and test the research     hypothesis by doing a questionnaire of 29 items, It was analyzed according to the statistical program (spss) as well as measuring the validity and consistency of the questionnaire by testing the degree of reliability in the alpha Krumbach factor, for the purpose of testing and measuring the degree of credibility (reliability) in the responses to the questionnaire, as the research problem lies in explaining the role of financial technology in achieving sustainable development operations, on the basis of which the alternative hypothesis was accepted and the research has concluded that there is a large role for financial technology in Achieving various aspects of economic and social development. The research also reached a number of recommendations, the most important of which is that the use of innovations and features of financial technology in providing banking services contributes significantly to achieving economic development