Open AccessDigital transformation of the banking sector of Azerbaijan
Author(s) -
З. Ф. Мамедов,
Э. Н. Велиев,
Емин Назим оглы Вейсов
Publication year - 2021
Publication title -
informaciâ i innovacii
Language(s) - English
Resource type - Journals
eISSN - 2949-2157
pISSN - 1994-2443
DOI - 10.31432/1994-2443-2021-16-3-10-20
Subject(s) - business , context (archaeology) , retail banking , digital transformation , digital economy , electronic banking , commerce , financial system , industrial organization , the internet , political science , computer science , geography , archaeology , world wide web , law
Currently, the eectiveness of banks’ activities and their competitiveness in the nancial market largely depends on the introduction of the latest banking services and technological processes. This article examines trends in the digitalization of the banking sector in Azerbaijan. The main purpose of the article is to identify key prospects for the development of digital banking in Azerbaijan in the context of the digital economy. As a result of the study, the problems and prospects of using digital technologies in the banking sector were identied.