PROSPECTS FOR THE DEVELOPMENT OF THE BANKING SYSTEM IN THE PERIOD OF FINANCIAL INNOVATIONS

Abstract

The article deals with mobile technologies as a channel for the delivery of banking services. It is substantiated that mobile applications of banks allow to carry out almost all banking operations: from payments to the registration of deposits and loans, while at times reducing the costs of operations for banks. It is noted that the client receives cheaper service compared to offline banking almost instantly, and most importantly at any time and anywhere without being bound by the schedule of work of the bank branch and its territorial placement. It is proved that this channel for the sale of banking products will be developed in the coming years, and its possibilities to expand.

Authors and Affiliations

О. О. Petrivskyi

Keywords

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  • EP ID EP659049
  • DOI -
  • Views 110
  • Downloads 0

How To Cite

О. О. Petrivskyi (2018). PROSPECTS FOR THE DEVELOPMENT OF THE BANKING SYSTEM IN THE PERIOD OF FINANCIAL INNOVATIONS. Причорноморські економічні студії, 33(), -. https://europub.co.uk/articles/-A-659049