Innovations in the Security of Banking Operations

Yordanka Peycheva ()
Additional contact information
Yordanka Peycheva: University of Economics - Varna, Varna, Bulgaria

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2023, issue 3, 138-145

Abstract: The contemporary changing technological environment forces all economic units to go through a digital transformation. The banking industry is in the epicenter of this change. Credit institutions seek to adapt a business model that is increasingly customer-oriented, providing new services with greater transparency and levels of security. The growing demand for more effective protection against fraud, phishing attacks, theft of identities and ensuring better levels of security in a timely manner is increasingly central topic in retail banking. The issue of security, as in the territory of bank branches, ATM-devices, as well as in the provision of online and mobile services, arouses the interest of credit institutions to the use of biometric identification technology. Biometric technologies are becoming an indispensable part of the means of personal verification and secure identification activities in banking institutions.

Keywords: digital transformation; banking industry; security; biometric identification (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.su-varna.org/journal/IJUSV-ESS/2023.12.3/?article=138-145.pdf.html (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrn:suvrna:y:2023:i:3:p:138-145

Access Statistics for this article

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series is currently edited by Yanka Aleksandrova

More articles in Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series from Union of Scientists - Varna
Bibliographic data for series maintained by Sabka Pashova ( this e-mail address is bad, please contact ).