ANALYSIS OF WORLD INNOVATIVE PRACTICES OF EFFECTIVENESS OF BANKING ACTIVITY
Journal Title: Міжнародний науковий журнал "Інтернаука". Серія: "Економічні науки" - Year 2018, Vol 1, Issue 2
Abstract
The article investigates innovative practices of banking efficiency - interfaces of applied programs, models of artificial intelligence, Internet of things. They are introduced with intense expansion beyond traditional products, services and channels. Under these conditions, the erosion of the boundaries between traditional products and the acceleration of technology convergence takes place. There is a growing demand for providing intelligent virtual assistants for interacting with clients through voice and text commands, as well as for the creation of centralized platforms, API interfaces. Innovative products and services are offered that either replace the existing solutions offered by banks or create a completely new quality and experience for customers. It is shown that the integration of in-depth analytics, digital delivery, and devices is a vital necessity for the efficiency of banking. The development of technological capabilities corresponds to the unique behavior of people and consumers, is gaining new significance in the face of modern models of digital banking services, such as ecosystem platforms. Global banks are striving to connect cloud-based modules that address certain regulatory barriers. It is shown that banking in the digital economy requires high-speed innovation, supporting the foundations with built-in flexibility and scalability. The directions of further innovative developments of 2018 are projected and three strategic consequences, which will be inherent in the banking industry in 2018, are in our opinion.
Authors and Affiliations
Dmytro Grydzhuk
Keywords
Related Articles
- EP ID EP580792
- DOI 10.25313/2520-2294-2018-2-3319
- Views 114
- Downloads 0
PROVISION OF EQUAL RIGHTS AND OPPORTUNITIES RELATING WITH LABOUR RELATIONS IN PUBLIC SECTOR
Human rights are one of the most popular topics in modern global communities. Therefore, the adoption of the Law of the Republic of Lithuania on Equal Opportunities and the establishment of the institution that governs t...
QUALITY MANAGEMENT CONCEPTUAL FRAMEWORK AND PRINCIPLES OF HOUSING AND UTILITY SERVICES FOR CONSUMERS
The article investigates the main modern problems and the reasons for the indebtedness for payment of housing and utility services, especially among the donor regions of Ukraine. Also the article determines the quality m...
PROCEDURE FOR MAKING CHANGES AS A RESULT OF REGULATING THE PROCESSES OF OPERATION OF THE ENTERPRISE
The purpose of the paper is to determine the procedure of making changes at the enterprise through the regulation of operation activity of the enterprise. As a result of the study, there are formalized the representation...
FUNCTIONING OF INTEGRATED AGRARIAN SECTOR COMPANIES ON THE FUNCTIONS OF MECHANISM OF THE STATE-PRIVATE PARTNERSHIP
The article explores the components the regulatory legal method of regulation for the purpose of effective management of an integrated agrarian enterprise under the conditions of the mechanism of public-private partnersh...
THE WAY OF IMPROVEMENT OF THE FINANCIAL PROVIDING OF HIGHER EDUCATIONAL ESTALISHEMENTS IN UKRAINE
In the paper the theoretical and practical aspects of financial providing of higher educational establishments in Ukraine are considered. It is emphasized that the state role consists in formation of financial providing...