Conceptual Approaches for Studying the Role of Digital Innovations in the Financial Services Market in Ukraine
Year: 2024
Type: article
Abstract: The article analyzes the conceptual framework for researching the role of digital innovations in the financial services market in Ukraine.The current trends of digitalization in the financial services market in Ukraine are identified: further development of mobile banking, growth of the fintech companies segment, use of artificial intelligence, development/updating of regulatory documents in the field of digitalization of financial services.The article analyzes the impact of digital innovations on the financial services market by its main participants: banking and non-banking financial institutions, financial services consumers -households and the market regulator.One of the most significant results of the impact of digital innovations in Ukraine is the development of payment and money transfer systems.
Source: Efektyvna ekonomika
Author: O. Dovhan
Institution: State University of Trade and Economics
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402888454