Modern Trends in the Development of Banking Activities
Keywords:
banking activities, digital transformation, fintech disruption, sustainable banking, Environmental, social, and governance (ESG), regulatory compliance, risk management, Regulatory technology (RegTech), Customer-centric banking, technological innovation, customer experience.Abstract
The banking industry is undergoing a transformative phase, driven by technological advancements, changing consumer behaviors, and regulatory reforms. This article investigates the modern trends shaping the landscape of banking activities. From digitalization and fintech disruption to sustainable banking practices and regulatory compliance, we delve into the key developments reshaping the way banks operate and interact with customers. By examining these trends, this article aims to provide insights into the future direction of banking activities and the strategies adopted by financial institutions to thrive in an increasingly dynamic and competitive environment.