Automation in Financial Systems: Limited Reporting Technologies for Banking and Servicing
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Keywords

competition; banks; fintech; platforms; big data; blockchain; smart contracts; customer loyalty; process automation

How to Cite

Namozov Bekjon. (2023). Automation in Financial Systems: Limited Reporting Technologies for Banking and Servicing. Journal of Science-Innovative Research in Uzbekistan, 1(5), 105–111. Retrieved from https://universalpublishings.com/index.php/jsiru/article/view/1714

Abstract

The article focuses on the development of the banking sector in a digital economy, the transformation of traditional banking products and services, as well as the assessment of the weak and strong positions of banks in their competitive strategies in the market in relation to other financial intermediaries. The article notes that the development of fintech intermediaries leads banks to the need to constantly improve their infrastructure and risk management systems, adapt to rapid changes in the technology of traditional operations, change their market behavior strategies and approaches to assessing their competitive capabilities

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References

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M Yu Tirkashev, NB Eshtemirov, «FACTORS OF EFFECTIVE USE OF MECHANISMS TO IMPROVE FINANCIAL CONTROL», 2022, Вестник магистратуры, 3-2 (126), 111-112 с.;

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Зиядуллаев, М. (2021). Право на социальное обеспечение в Узбекистане и радикальные реформы, проведенные в пенсионном секторе в 2017-2021 годах. Общество и инновации, 2(8/S), 121–127. https://doi.org/10.47689/2181- 1415-vol2-iss8/S-pp121-127.

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