Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-10-102-98
DOI: https://dx.doi.org/10.15863/TAS.2021.10.102.98
Language: English
Citation: Shermukhamedov, B. A., & Tulaganova, M. Sh. (2021). Innovations in banking: digital banking. ISJ Theoretical & Applied Science, 10 (102), 880-887. Soi: http://s-o-i.org/1.1/TAS-10-102-98 Doi: https://dx.doi.org/10.15863/TAS.2021.10.102.98 |
Pages: 880-887
Published: 30.10.2021
Abstract: The article discusses the development of a digital bank in Uzbekistan. According to the Payments Industry Intelligence portal, there were 60 non-banks in the world in 2018 year. At the beginning of 2021, the number of digital institutions has grown to 319 active. In 2019-2020 years alone, 144 new neobanks were opened. Currently, there are 24 digital banks operating in the USA, about 100 in the EU, 10 in China, 3 in Russia, and 1 in Kazakhstan. There are 2 digital banks in Uzbekistan: the first domestic commercial digital bank Anorbank, as well as a branch of the Georgian digital bank.
Key words: digital bank, software, Central Bank, IT infrastructure, banking services, digital innovations.
|
