OPPORTUNITIES AND ADVANTAGES OF FINTECH TECHNOLOGIES IN THE ACTIVITIES OF COMMERCIAL BANKS

Authors

  • Ravshan Kurbanov The Banking and Finance Academy of the Republic of Uzbekistan

DOI:

https://doi.org/10.5281/zenodo.15535183

Abstract

Financial technologies (FinTech) have revolutionized the global banking landscape by introducing innovative, customer-centric, and technology-driven financial services. Commercial banks, once viewed as conservative institutions, are now actively integrating FinTech tools to enhance efficiency, reduce costs, and improve customer experiences. This article explores the key opportunities and advantages that FinTech technologies provide in the context of commercial banking operations, highlighting areas such as digital payments, lending, compliance, data analytics, and customer engagement.

References

World Bank (2023). Fintech and the Future of Banking.

Deloitte Insights (2022). Banking on the Future: Strategic Choices for Banks in the Digital Age.

PwC Global FinTech Report (2023).

McKinsey & Company (2022). FinTech in Banking: How Financial Institutions Can Stay Ahead.

IMF Working Paper (2021). FinTech and Financial Inclusion in Emerging Markets.

Downloads

Published

2025-05-27

Issue

Vol. 4 No. 7 (2025): Solution of social problems in management and economy

Section

Статьи

How to Cite

Kurbanov, R. (2025). OPPORTUNITIES AND ADVANTAGES OF FINTECH TECHNOLOGIES IN THE ACTIVITIES OF COMMERCIAL BANKS. Solution of Social Problems in Management and Economy, 4(7), 90-92. https://doi.org/10.5281/zenodo.15535183