The Trends of Behavior of the Retail Consumer on the Financial Market

L. Yuzvovich, K. A. Danilova, N. N. Isakova, Ibrahima Sori

2021

Abstract

The article devoted to trends and external challenges in the behavior of retail consumers in the financial market. The main focus are the technological trends in the banking services market. The subject of this research is the economic relations arising in the process of behavior of retail consumers in the financial market in the framework of obtaining financial services. In recent years, the development of the financial services sector has the largest increase in the structure of gross domestic product. In addition, there is a high level of competition in the sector, as evidenced by empirical data presented by the Analytical Center for the Government of the Russian Federation and other research agencies. Researchers unanimously note the presence of inorganic growth in the financial services sector, that is, the sector is expanding more intensively than the needs for its performance are growing, which intensifies the struggle for consumers.

Paper Citation

in Harvard Style

Yuzvovich L., Danilova K., Isakova N. and Sori I. (2021). The Trends of Behavior of the Retail Consumer on the Financial Market. In Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS, ISBN 978-989-758-597-5, pages 90-95. DOI: 10.5220/0010664400003223

in Bibtex Style

@conference{wfsds21,
author={L. Yuzvovich and K. A. Danilova and N. N. Isakova and Ibrahima Sori},
title={The Trends of Behavior of the Retail Consumer on the Financial Market},
booktitle={Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS,},
year={2021},
pages={90-95},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010664400003223},
isbn={978-989-758-597-5},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Scientific Forum on Sustainable Development of Socio-economic Systems - Volume 1: WFSDS,
TI - The Trends of Behavior of the Retail Consumer on the Financial Market
SN - 978-989-758-597-5
AU - Yuzvovich L.
AU - Danilova K.
AU - Isakova N.
AU - Sori I.
PY - 2021
SP - 90
EP - 95
DO - 10.5220/0010664400003223