"THE IMPACT OF FINANCIAL TECHNOLOGIES ON THE DEVELOPMENT OF RETAIL BANKING: ASSESSMENT OF RESULTS AND RISKS"

Authors

  • Shokhsanam Shirinova Doctoral student of the Tashkent Institute of Finance

Keywords:

financial technology, fintech, retail banking, cybersecurity, regulatory risks, technological dependence, operational risks, digital transformation, social consequences, risk management

Abstract

The introduction of financial technologies (fintech) in retail banking is transforming traditional banking processes, but at the same time it is associated with a number of risks and challenges. The main ones include cybersecurity, regulatory complexities, technological dependence, and social consequences. Increased vulnerability to cyberattacks requires strengthening data protection measures and constantly updating security systems.

Downloads

Published

2024-11-08

Issue

2024: 32nd Tech-Fest: Usa November

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

"THE IMPACT OF FINANCIAL TECHNOLOGIES ON THE DEVELOPMENT OF RETAIL BANKING: ASSESSMENT OF RESULTS AND RISKS". (2024). Conferencea , 3-6. https://conferencea.org/index.php/conferences/article/view/3599