THE USE OF DIGITAL TECHNOLOGIES IN BANKING SERVICES AS ONE OF THE WAYS TO REDUCE TIME AND MONEY COSTS

PROSPECTS FOR TRANSFORMATION OF INTERNAL AUDIT SERVICES IN COMMERCIAL BANKS

Innovation in the economy ◽

10.26739/2181-9491-2021-9-4 ◽

2021 ◽

Vol 4 (9) ◽

pp. 29-33

Author(s):

Shaxriddin Turdiev ◽

Keyword(s):

Commercial Banks ◽

Digital Technologies ◽

Internal Audit ◽

Current Control ◽

Regulatory Framework ◽

Banking Services ◽

Remote Services

The article discusses the prospects for improving the activities of internal audit services of commercial banks, transforming their activities through the introduction of modern banking services,digital technologies. The results of previous studies on the topic were reviewed. The regulatory framework for the transformation of the internal audit service has been introduced.Keywords: internal audit, transformation, current control, digital technologies, remote services, bank board, annual plan

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DIGITAL PATH TO SUSTAINABILITY THE BANKING SECTOR OF BELARUS

ED/2019/1 - The economic discourse ◽

10.36742/2410-0919-2021-1-9 ◽

2021 ◽

pp. 82-91

Author(s):

Natallia Maltsevich ◽

Тatiana Рrokhorova ◽

Elena Oshurkevich

Keyword(s):

Sustainable Development ◽

Banking Sector ◽

Banking System ◽

Digital Technologies ◽

Scientific Work ◽

Digital Economy ◽

Digital Transformation ◽

Structural Method ◽

Banking Services ◽

The Sustainable Development

Introduction. The article examines the functioning of digital technologies in the banking sector of the Republic of Belarus; the emphasis is on the development of remote banking services and the formation of a national model of secure payments. The necessity of introducing banking innovations in the digital economy to transform the format of banking services is substantiated and promising areas of digital transformation that contribute to the sustainable development of the banking system of Belarus are analysed. Methods. The methods of theoretical generalization and empirical methods were applied in the course of the research to determine the foundations for building approaches to the digital path of sustainable development of the banking sector at the present stage; the systemic and structural method was applied to highlight the current positions of the digital transformation of the banking sector and ways to increase its stability and efficiency. The task of this scientific work is to find relevant directions for the development of banking activities in the context of the introduction of inno-vations in the modern digital economy. Results. The key dominants of the introduction of banking innovations in the digital economy are evaluated, taking into account the directions of the formation of cross-channel banking infra-structure. The necessity of introducing banking innovations in the digital economy to transform the format of banking services aimed at ensuring sustainable development has been substantiated. Discussion. The need to implement and actively apply banking innovations in the digital econ-omy to transform the format of banking services in order to ensure sustainable development of the banking sector in Belarus. In the future, the sustainable development of the banking system in the direction of introducing innovations will ensure the competitiveness of banking products and services in comparison with neobanks and fintech projects, taking into account the substantiated directions for the development, regulation and implementation of banking innovations in the digital economy. Keywords: banking services, digital technologies, innovative trends in banks.

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Digital transformation of the banking sector of Azerbaijan

Information and Innovations ◽

10.31432/1994-2443-2021-16-3-10-20 ◽

2021 ◽

Vol 16 (3) ◽

pp. 10-20

Author(s):

Z. F. Mamedov ◽

E. N. Veliyev ◽

E. N. Veisov

Keyword(s):

Financial Market ◽

Banking Sector ◽

Digital Technologies ◽

Digital Economy ◽

Digital Transformation ◽

Banking Services ◽

Technological Processes

Currently, the eﬀectiveness of banks’ activities and their competitiveness in the ﬁnancial market largely depends on the introduction of the latest banking services and technological processes. This article examines trends in the digitalization of the banking sector in Azerbaijan. The main purpose of the article is to identify key prospects for the development of digital banking in Azerbaijan in the context of the digital economy. As a result of the study, the problems and prospects of using digital technologies in the banking sector were identiﬁed.

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THE ROLE OF DIGITAL TECHNOLOGIES IN THE FORMATION OF INCOME OF A PRIVATE INVESTOR: A COMPARATIVE GENERALIZED ASSESSMENT

EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA ◽

10.36871/ek.up.p.r.2021.11.01.018 ◽

2021 ◽

Vol 1 (11) ◽

pp. 130-136

Author(s):

Bella А. Demilkhanova ◽

◽

Temirlan L. Temirsultanov ◽

Turpal N.-M. Albekov ◽

◽

...

Keyword(s):

Digital Technologies ◽

Development Trend ◽

Securities Market ◽

Investment Activity ◽

Banking Services ◽

Distinctive Features ◽

Private Investor ◽

Private Investors ◽

Digital Channels

Based on the main development trend of the modern securities market, which consists in its computerization, the introduction and widespread use of digital technologies, leading to the intertwining of the activities of all participants in the financial market, turning into a single financial mechanism, individual investment accounts are considered – a product of online integration -services and mobile applications. The general and distinctive features of the nature of the influence of operations carried out through individual investment accounts on the formation of income of a private investor from property are revealed. By identifying the nature of the correlation between the indicator of the investment activity of private investors in the Chechen Republic and their income from property, it was established that income from property using digital channels is mainly formed through the banking services market.

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ISSUES OF DIGITALIZATION OF THE BANKING SYSTEM OF UZBEKISTAN

Innovation in the economy ◽

10.26739/2181-9491-2021-2-10 ◽

2021 ◽

Vol 4 (2) ◽

pp. 70-78

Author(s):

Akmal Abduvokhidov ◽

◽

Erkinjon Buribayev ◽

Doston Ishpulatov

Keyword(s):

Sustainable Development ◽

Rapid Development ◽

Banking System ◽

Digital Technologies ◽

Digital Economy ◽

Banking Services

Today, the rapid development of the digital economy is considered one of the most important conditions for sustainable development. The digital economy and digital technologies are also being intensively introduced into the banking system. Digitalization of banks will further improve the quality of banking services and eliminate various administrative barriers.

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