Current state of digital transformation of russian banks

Вестник университета

S. S. Matveevskii¹ 

[1] Financial University under the Government of the Russian Federation;

关键词: bank;    bigtech-company;    fintech;    fintech-company;    digital platform;    digitalization;    ecosystem;    neo-bank;   

DOI  :  10.26425/1816-4277-2020-10-131-137

来源: DOAJ

【 摘 要 】

The paper presents current state of digital transformation of Russian banks. The author defines the digitalization of banks as the introduction of FinTech technologies, close cooperation with Fintech-companies. Digitalization has both positive and negative consequences: cyber risks are growing, financial stability is decreasing. The analysis allowed the author to draw conclusions that the digital transformation of Russian banks is characterized by: the complex implementation of BCBS scenarios and the interaction between banks and Fintechcompanies, the emergence of neo-banks; increased competition in the banking sector; innovative opportunities for the production and sale of banking services and products, the emergence of new risks; accumulation and use of large amounts of data; the need to significantly change the information systems of banks (growth in demand for the services of IT companies); the emergence of ecosystems in which non-banking organizations are actively involved; large costs of Russian banks, which, as a rule, leads to an improvement in their financial results (as a result, medium and small banks begin to lose in the market).

【 授权许可】

Unknown