Assessment of the main trends in the digitalization of financial products of banks within the framework of the new paradigm of the Russian financial market
https://doi.org/10.34020/1993-4386-2023-4-51-57
Abstract
The article examines the prospects for the development of the domestic banking system in the new economic realities associated with the need to restructure the structure of the financial market to meet the changed conditions of functioning and transformation of the banking system, taking into account the growing trends of digitalization of the economy. The authors substantiate the point of view that the key to increasing strategic competitiveness for banks is the introduction of advanced digital technologies and the transformation of financial technologies, taking into account the actualization of the introduction of digital technologies into the bank's activities. The study also examines the advantages that the bank receives by creating its own unique ecosystem based on the use of new financial technologies and the digital transformation of a number of business processes.
About the Authors
M. V. Charaeva
Southern Federal University
Russian Federation
Russian Federation
Marina V. Charaeva – Doctor of Economics, Professor, Head of the Department of Theory and Technology in Management
Rostov-on-Don
N. R. Klimanov
Southern Federal University
Russian Federation
Russian Federation
Nikita R. Klimanov – Master's degree in Financial Management
Rostov-on-Don
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Review
For citations:
Charaeva M.V., Klimanov N.R. Assessment of the main trends in the digitalization of financial products of banks within the framework of the new paradigm of the Russian financial market. Siberian Financial School. 2023;(4):51-57. (In Russ.) https://doi.org/10.34020/1993-4386-2023-4-51-57
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