Key points are not available for this paper at this time.
The article is devoted to the study of the functioning of banks in the conditions of digitalization. The impact of digitalization on increasing the efficiency of banking institutions of Ukraine is substantiated. The main advantages of using digital technologies in banking activities have been determined. A comparative analysis of the advantages and disadvantages of financial technologies in ensuring the efficiency of banks was carried out. It was established that the optimization of internal processes affects the improvement of the efficiency of the bank's activities, which, in particular, is manifested in the reduction of the cost of banking services, the differentiation of digital systems for remote self-service of clients, the improvement of the bank's risk management through the implementation of various digitalization tools and ensuring cyber security. It was also established that digitalization and digital financial technologies affect the expansion of the range of offered banking services, the number of involved bank clients and the realized demand for banking financial products.
Kliuchka et al. (Fri,) studied this question.