The impact of digital technologies on financial services

Аннотация

Digital technologies are becoming a new driving force in the global economy. This study focuses on the role of digital technologies in the financial services sector and examines their impact on the country's economic stability’. The research analyzed economic data from the past seven years in the country, including key information and communication technology (ICT) indicators used in various sectors of the economy and the volume of financial services. The results indicate that digital technologies play an essential role in expanding the scope of financial services, as the use of technology’ offers limitless possibilities, providing advantages over human involvement in these processes.