Digitalization and open banking – a new architecture of modern financial services Cover Image

Дигитализацията и отвореното банкиране – нова архитектура на модерните финансови услуги
Digitalization and open banking – a new architecture of modern financial services

Author(s): Nikola Krasimirov Chakarov
Subject(s): Politics / Political Sciences, Politics, Economy, Fiscal Politics / Budgeting, Accounting - Business Administration
Published by: Висше училище по сигурност и икономика (ВУСИ)
Keywords: financial sector; financial services; digitalization; open banking; transformations

Summary/Abstract: The purpose of the article is oriented towards demonstrating how making digitalization and digitization a strategic priority for the financial sector is changing the way financial services are created, offered, and used, and the emergence of Open Banking is proof of this. It fundamentally changes the way financial institutions and third parties interact with customer data and opens a new horizon of opportunities for business, financial institutions, and the economy.

  • Issue Year: XXII/2025
  • Issue No: 1
  • Page Range: 176-182
  • Page Count: 7
  • Language: English, Bulgarian
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