Work

Banking development peculiarities: blockchain, artificial intelligence (AI) and cybersecurity issues

Year: 2025

Type: article

Abstract: The banking sector is seeing an epochal shift underpinned by the incessant march of technology, specifically financial technology.These innovations have dramatically improved operational efficiency and customer experience.That said, they have also opened up vast cybersecurity and compliance problems.This publication overlooks a methodical approach to the banking innovation trends that take shape over increasing frequency and provides one strong critical reflection on how many challenges traditional financial institutions face.Strategic adaptability is essential as a long-term, dynamic strategy consistent with the concepts of evolution through comprehensive analysis and synthesis.

Source: Journal of Entrepreneurship and Sustainability Issues

DOI: 10.9770/x7965543644

Authors: Gediminas Dubauskas, Margarita Išoraitė

Institution: Vilnius University of Applied Sciences

Language: English

Topic: Digital Transformation in Financial Services

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $916