Innovations as a power of banking activity

Valeryia Loiko and Tatiana Bashkyrtseva ()
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Tatiana Bashkyrtseva: Borys Grinchenko Kyiv University

European scientific journal of Economic and Financial innovation, 2018, vol. 1, issue 1, 67-76

Abstract: The article deals with the issues of development and introduction of banking innovations, in particular, into the work of the banks of Ukraine. Banking innovations can be considered as separate implementations as well as the whole system of organizational, economic, managerial and institutional innovations in any sphere of activity of the bank. Introduction of innovations to the work of a bank is accompanied by economic as well as social effects. The development of banking innovations is carried out both by the banks themselves and by seven professional world banking laboratories, most of which are located in the United States.

Keywords: banking sphere; banks; innovations; products; services; trends; Internet banking; online products; FinTech companies; robotics; blockchain (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:efn:journl:v:1:i:1:y:2018:p:67-76

DOI: 10.32750/2018-0108

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