Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Digitalization of the Banking Sector as a New Reality: Development Prospects and Economic Risks

Author(s): Nina Kuzovleva, Natalia Tarasova, Anna Zueva, Lyudmila Prokofieva, Svetlana Anzorova, Natalia V. Bushueva, Gulmira Nurgazina, Alma Bekbolsynova, Shahida Abdusattarova

The article is devoted to the actual problems of digitalization in the banking sector, including ensuring economic security in connection with the introduction of digital currencies by central banks. The special role of credit and financial organizations in the development of digital banking technologies is emphasized. The risks of economic security of the banking sector arising in the process of introducing digital financial services are noted. The assessment of the level of development of the processes of digital transformation of the domestic credit and banking sector is given.

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