Internet banking as one of the directions of banking development
Journal Title: Формування ринкових відносин в Україні. Збірник наукових праць - Year 2018, Vol 4, Issue 4
Abstract
The main driving mechanism and catalyst for changes in the globalized world was the development of information and communication technologies (ICTs), the widespread use of which should be recognized as a priority direction of social development. Among the information and communication technologies, the undisputed leadership belongs to the global net Internet. Among the whole range of innovations that rapidly penetrating the banking sector, leading positions belong to Internet technologies. Globalization encourages banking institutions to use the Internet in their activities to carry out a wide range of banking operations and financial services. As a result, in most countries there is a tendency to switch from the classical branch model of the bank to the model of distance service on the basis of Internet banking. The article presents directions of realization of remote banking services, identifies the advantages of using Internet banking and lacks of realization of banking operations via the Internet. Internet banking has great potential for further development. Internet banking systems will soon be transformed into a single virtual space for financial services and products that is necessary and convenient for both private individuals and large companies.
Authors and Affiliations
H. HAVRYLKO, T. HUSHTAN
Keywords
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- DOI 10.5281/zenodo.1252294
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