Digitalization of the banking sector: trends and problems
https://doi.org/10.34020/1993-4386-2023-3-80-89
Abstract
The authors consider the problems of digitalization of the financial sector. Special attention is paid to the banking sector, the positive and negative sides of the introduction of digital technologies are studied. The importance of the application of information and communication technologies in the banking sector, which has become the flagship of digitalization of the country's economy, is determined. The generalization of the main trends and problems of digital transformation of banking activities allowed us to reveal that in recent years, Russian banks have outpaced the banks of leading economies in the development of financial technologies. The introduction of digital technologies, increasing the speed of access to financial services for business, creates a competitive environment in the banking sector.
About the Authors
T. Kh. Sozaeva
V.M. Kokov Kabardino-Balkarian State Agrarian University
Russian Federation
Russian Federation
Tanzilya Kh. Sozaeva – Сandidate of Еconomic Sciences, Аssociate Рrofessor, Head of the Research Laboratory "Financial Research Centre"
Nalchik
F. S. Zumakulova
V.M. Kokov Kabardino-Balkarian State Agrarian University
Russian Federation
Russian Federation
Fatimat S. Zumakulova – Сandidate of Еconomic Sciences, Аssociate Рrofessor, Deputy Dean for Research, Faculty of Economics and Management
Nalchik
K. Kh. Ilyasova
Chechen State Pedagogical University
Russian Federation
Russian Federation
Karina Kh. Ilyasova – Senior Lecturer, Department of Economics and Management in Education
Grozny
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Review
For citations:
Sozaeva T.Kh., Zumakulova F.S., Ilyasova K.Kh. Digitalization of the banking sector: trends and problems. Siberian Financial School. 2023;(3):80-89. (In Russ.) https://doi.org/10.34020/1993-4386-2023-3-80-89
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