Modern Types of Financial Innovations in the Conditions of Digitalization of the Global Banking System

DOI

10.2991/icoeme-19.2019.5How to use a DOI?

Keywords

innovation; banking services and products; innovative banking products; fintech; financial technologies

Abstract

This article reveals the features of the influence of innovation processes on the transformation of financial services, contains the principles of financial innovations, presents a classification of financial services in terms of provided services segments. There are highlighted problems in the functioning of banks in the modern banking ecosystem and presented the possibilities for transforming the patterns of their activities. The possible risks associated with the innovation activities of banks are detailed analyzed, and the general aspects of their regulation are presented.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Elena Travkina
AU  - Molokanov Alexander
PY  - 2019/06
DA  - 2019/06
TI  - Modern Types of Financial Innovations in the Conditions of Digitalization of the Global Banking System
BT  - Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019)
PB  - Atlantis Press
SP  - 18
EP  - 22
SN  - 2352-5428
UR  - https://doi.org/10.2991/icoeme-19.2019.5
DO  - 10.2991/icoeme-19.2019.5
ID  - Travkina2019/06
ER  -