Digital Banking: Risks of Financial Digitalization
The paper demonstrates the results of the research into development of the digital economy in the global financial space, shows the contradictions of these processes in the context of the growth of financial inclusion of households, identifies the risks of active introduction of digital banking in p...
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| Format: | Article |
| Language: | English |
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PH "INZHEK"
2017-09-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2017-3_0-pages-254_261.pdf |
| _version_ | 1797330610638815232 |
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| author | Kornіvska Valerіa O. |
| author_facet | Kornіvska Valerіa O. |
| author_sort | Kornіvska Valerіa O. |
| collection | DOAJ |
| description | The paper demonstrates the results of the research into development of the digital economy in the global financial space, shows the contradictions of these processes in the context of the growth of financial inclusion of households, identifies the risks of active introduction of digital banking in poor countries of the world. The characteristics of the processes of growth of the influence of banking institutions on the operational activity and daily life of households are given, and it is proved that under conditions of digital banking, without having any other alternative ways of economic activity in terms of money circulation than non-cash turnover, clients are forced to agree to unlimited presence of financial operators in social systems. It is substantiated that in Ukraine the global risk of digitalization of the society is gradually developing as a result of the creation of unified information systems for the control of global financial flows. |
| first_indexed | 2024-03-08T07:22:17Z |
| format | Article |
| id | doaj.art-5e76591b613f46b184c75ca15f4b1fb7 |
| institution | Directory Open Access Journal |
| issn | 2222-0712 2311-1186 |
| language | English |
| last_indexed | 2024-03-08T07:22:17Z |
| publishDate | 2017-09-01 |
| publisher | PH "INZHEK" |
| record_format | Article |
| series | Problemi Ekonomiki |
| spelling | doaj.art-5e76591b613f46b184c75ca15f4b1fb72024-02-02T22:57:48ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862017-09-013254261Digital Banking: Risks of Financial DigitalizationKornіvska Valerіa O.0Candidate of Sciences (Economics), Senior Research Fellow, Department of Economic Theory, Institute for Economics and Forecasting of NAS of UkraineThe paper demonstrates the results of the research into development of the digital economy in the global financial space, shows the contradictions of these processes in the context of the growth of financial inclusion of households, identifies the risks of active introduction of digital banking in poor countries of the world. The characteristics of the processes of growth of the influence of banking institutions on the operational activity and daily life of households are given, and it is proved that under conditions of digital banking, without having any other alternative ways of economic activity in terms of money circulation than non-cash turnover, clients are forced to agree to unlimited presence of financial operators in social systems. It is substantiated that in Ukraine the global risk of digitalization of the society is gradually developing as a result of the creation of unified information systems for the control of global financial flows.http://www.problecon.com/export_pdf/problems-of-economy-2017-3_0-pages-254_261.pdfdigital bankingfinancial inclusionrisks of digitalization |
| spellingShingle | Kornіvska Valerіa O. Digital Banking: Risks of Financial Digitalization Problemi Ekonomiki digital banking financial inclusion risks of digitalization |
| title | Digital Banking: Risks of Financial Digitalization |
| title_full | Digital Banking: Risks of Financial Digitalization |
| title_fullStr | Digital Banking: Risks of Financial Digitalization |
| title_full_unstemmed | Digital Banking: Risks of Financial Digitalization |
| title_short | Digital Banking: Risks of Financial Digitalization |
| title_sort | digital banking risks of financial digitalization |
| topic | digital banking financial inclusion risks of digitalization |
| url | http://www.problecon.com/export_pdf/problems-of-economy-2017-3_0-pages-254_261.pdf |
| work_keys_str_mv | AT kornívskavaleríao digitalbankingrisksoffinancialdigitalization |