Digitalization of Banking Services and Methodology for Building and Functioning of Fintech Companies Cover Image

Digitalization of Banking Services and Methodology for Building and Functioning of Fintech Companies
Digitalization of Banking Services and Methodology for Building and Functioning of Fintech Companies

Author(s): Pavel Petrov, Nikolay Valov
Subject(s): Economy, Business Economy / Management, Financial Markets, ICT Information and Communications Technologies
Published by: Съюз на учените - Варна
Keywords: Fintech; mobile banking; online banking; web banking; digitalization; banking services

Summary/Abstract: In the world of banking services, some sustainable trends have been observed globally in recent years, which strongly influence the forms of banking organization. In many cases, fintech companies are joining forces with banks to pursue a new common business, in which customer interaction is mainly through electronic means of communication. Very often it relies on the synergistic effect that leads to an increase in the efficiency of work of each business partner and the work on the common project as a whole. A major component in the digitization of banking services is the mobile or web-based information system through which employees and customers work. Fintech companies place qualitatively new requirements on the managers who manage such business structures. In addition to knowledge and experience in the field of financial instruments, a thorough knowledge of information technology is also required.

  • Issue Year: 8/2019
  • Issue No: 1
  • Page Range: 110-117
  • Page Count: 7
  • Language: Bulgarian