The Role of Information Technologies in Innovative Development of Banks

Abstract

Improvement of information technologies, as well as their widespread use as a key factor in the innovative development of banking, as in all areas, is one of the most pressing issues. This article reveals the role of information technology in the innovative development of banks. The role of modern information technologies as a means of competition in the market of remote banking services and banking services is widely analyzed. International experience on risks and security measures in the provision of modern banking services is studied and methods of risk management are described. In addition, statistical analysis was conducted on modern technologies introduced in the country. Also, proposals for further innovative development of banks on the basis of modern information technologies have been developed.