University of agribusiness and rural development, Fiscal policy, globalization and economic growth: sustainable development challenges and perspectives

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DEVELOPMENT OF INNOVATIONS AND TECHNOLOGIES IN THE BANKING SECTOR
Maria Neykova

Last modified: 2020-02-27

Abstract


The paper analyzes the innovative trends that determine the development of financial markets. The nature of financial innovations in the banking sector has been clarified and a detailed classification has been made. The risks affecting the banking business in the context of its digitalization and globalization are presented. The role of innovation in the future development of the banking sector has been recognized.


Keywords


banking services, payment services, investments, financial innovation