Benefits of Developing Digital Financial Services

Authors

  • Yuldoshev Obbos Amonovich Teacher at Turon University

Keywords:

financial services, banking, digital technology, banking transformation

Abstract

The article describes the significance of innovative banking services in the development of financial services. Increasing the quality and speed of banking services is considered a key priority, with the advantages of utilizing banking services based on digital technologies expressed through specific indicators. The study also presents analytical conclusions regarding research on the transformation of banking activities using technology, the achievements in this area in Uzbekistan, and the tasks yet to be addressed in the future.

References

1. "Strategy for Reforming the Banking System of the Republic of Uzbekistan for 2020-2025" – Decree of the President of the Republic of Uzbekistan, May 12, 2020, No. PF-5992. [Available at: https://lex.uz/docs/4811037]

2. R.H. Ayupov, G.R. Boltaboyev – "Fundamentals of the Digital Economy", Tashkent: TMI, 2020.

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4. Krivoshapova S.V., Latvin E.A. – Current Problems and Prospects for the Development of Settlement and Cash Services for Clients of Credit Institutions in the Russian Federation. // Electronic Scientific and Practical Journal "Modern Scientific Research and Innovations". [Available at: https://web.snauka.ru/issues/2014/11/41074].

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7. Berdiyarov B.T. – Profitability of Active Operations of Commercial Banks. Abstract of dissertation for the degree of Candidate of Economic Sciences, Tashkent, 2002, 20 pages.

8. Mirzayev F.I. – Conceptual Foundations of Forming Banking Competition in Uzbekistan. Abstract of dissertation for the degree of Doctor of Economic Sciences, Tashkent, 2011, 38 pages.

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Published

2024-11-25

How to Cite

Yuldoshev Obbos Amonovich. (2024). Benefits of Developing Digital Financial Services. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 4(11), 175–179. Retrieved from https://inovatus.es/index.php/ejbsos/article/view/4575

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