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http://dx.doi.org/10.22937/IJCSNS.2022.22.2.6

Modern Tendencies of Digitalization of the Financial Services Sphere  

Krylov, Denys (Zaporizhzhia National University)
Papaika, Oleksandr (Ukrainian Federation of Professional Accountants and Auditors)
Panchenko, Olena (Chernihiv Polytechnic National University)
Pylevych, Dmytro (State University of DFS of Ukraine)
Kozlianchenko, Olena (Chernihiv Polytechnic National University)
Konoplia, Nataliia (Chernihiv Polytechnic National University)
Publication Information
International Journal of Computer Science & Network Security / v.22, no.2, 2022 , pp. 39-46 More about this Journal
Abstract
The article is devoted to clarifying current trends in the digitalization of financial services. To this end, the evolution of this process in the financial sector was studied and six stages of its development were identified. The components of successful implementation of digitalization in the field of financial services and its tasks are outlined. It was found that fintech companies, which work to achieve effective interaction between the financial sector and innovative technologies in the use of mobile applications in order to most fully and quickly meet the needs of customers with financial services, are of great importance for the formation and development of digitalization in financial services. Current trends in the digitalization of financial services in Ukraine based on the use of fintech in general and banking institutions in particular are presented.
Keywords
digitalization; digitalization tendencies; sphere of financial services; financial services market; financial technologies (fintech);
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Times Cited By KSCI : 9  (Citation Analysis)
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