Development of electronic banking: a case study of Ukraine

Abstract

The article examines the practice of providing financial services in the conditions of security electronic business and outlines the preconditions for the transformation of financial services using various forms of electronic banking. The phases of development of Internet banking and use of mobile banking are considered. The international practice of electronic banking on the example of Poland with a detailed analysis of clients and the characteristics of the leading Polish banks is analyzed. The market of domestic Internet banking services is characterized and the main problems that hinder its development in modern conditions are revealed. The advantages and disadvantages of the wide dissemination of Internet technologies in Ukraine are formulated. Almost all banks that occupy leading positions in the market of banking services offer e-banking services, as it enables clients, without attending a branch of banks, to carry out a wide range of banking operations: to manage the volume of resources on their own account; exchange currency; make payments and transfers; pay for services of mobile communication, Internet, utilities, taxes, fines. The introduction of innovative forms of remote-servicing expands the profile of traditional risks and creates new sources of their occurrence. Therefore, the process of identifying security risks in the use of electronic banking, assessments and risk minimization techniques is a prospect for further research.

Presentation of a Conceptual Model for Central Bank Supervision over Banks with a Grounded Theory Approach

“…Moreover, the inadequacy of the current supervisory situation, due to the retrospective nature of the existing supervisory framework, has led to dissatisfaction with the output of the current supervisory framework at a low level. The sole reliance on a comparative supervisory approach and the lack of attention to future risks and forecasting, as well as the absence of an appropriate process and structure in the exercise of supervision, necessitates Central Bank supervision over banks (Mohammadkazemi et al, 2022;Moser et al, 2021;Sodoma et al, 2019). Additionally, the shortage and inappropriate allocation of banking resources, along with the extensive changes and complexities of the business environment in the banking industry, high costs in applying supervision, and its time-consuming nature, justify the need to establish a supervisory model over banks.…”

The Influence of Information Technologies on the Development of Marketing Logistics

“…Also, the first books describing the theory of marketing appeared in the United States around 1900. These books summarized the experience of enterprises operating in the market of industrial goods (including agricultural raw materials) and intermediaries [15]. The introduction of the principles of sustainable socioeconomic development, the use of modern infrastructure, obtaining the necessary high-quality services and ensuring a high level of well-being of every citizen, create opportunities for the effective development of a prosperous community.…”

ACTUALITY OF SCIENTIFIC RESEARCH OF YOUNG SCIENTISTS (on materials of the Lesya Ukrainka Volyn National University)

“…Використовують під час написання своїх статей і дослідження практики надання фінансових послуг в умовах забезпечення електронного бізнесу та передумови для трансформації фінансових послуг із використанням різних форм електронного банкінгу 61 . Сформульовано переваги та недоліки широкого розповсюдження Інтернет-технологій в Україні.…”