Modern Digital Technologies and Banking Tools

Yulia Evdokimova, Elena Egorova, Olga Shinkareva

2021

Abstract

The banking system is a kind of circulatory system of the economy, ensuring, in fact, the stability of the national socio-economic system through the smooth functioning of the financial sector. Modern research shows that the banking sector is ahead of pace introducing the latest digital solutions, so digitalization increases the loyalty of consumers of banking products and services, increases the return on capital of financial and credit institutions. Analysis of the modern development and application of digital solutions by banks makes it possible to track the trajectory of development, to identify positive and negative nuances. Based on a detailed study of the retrospective, it is possible to develop ways to further develop the banking sector and digitalize it. The impact of digitalization on the development of the economy and society is not very clear. At the same time as one of the most significant factors of global economic growth, digitalization carries many risks, both identified at this stage of time and still in its infancy. These contradictions require an increased study of all varieties of digitalization in various sectors of the economy.

Paper Citation

in Harvard Style

Evdokimova Y., Egorova E. and Shinkareva O. (2021). Modern Digital Technologies and Banking Tools. In Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES, ISBN 978-989-758-546-3, pages 259-263. DOI: 10.5220/0010698200003169

in Bibtex Style

@conference{ses21,
author={Yulia Evdokimova and Elena Egorova and Olga Shinkareva},
title={Modern Digital Technologies and Banking Tools},
booktitle={Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,},
year={2021},
pages={259-263},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010698200003169},
isbn={978-989-758-546-3},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,
TI - Modern Digital Technologies and Banking Tools
SN - 978-989-758-546-3
AU - Evdokimova Y.
AU - Egorova E.
AU - Shinkareva O.
PY - 2021
SP - 259
EP - 263
DO - 10.5220/0010698200003169