IMPORTANCE OF IMPLEMENTATION OF REMOTE BANKING SERVICES BY COMMERCIAL BANKS

Abdullayeva Sharbat Zulpikarovna,

Doctor of Economic Sciences, Professor

                                    Tashkent Institute of Finance, Tashkent, Uzbekistan

Khudayberganova Zarofat Zakhidovna,

PhD, Associate professor, Tashkent Institute of Finance, Tashkent, Uzbekistan

 

Abstract. The rapid advancement of technology has transformed the way we live and conduct business. One of the most significant changes has been the introduction and rapid growth of internet banking. Internet banking, also known as online banking, digital banking, and e-banking, refers to the delivery of banking services and financial transactions over the internet. This article will examine the role of internet banking in society, exploring its benefits and challenges, impact on the economy, latest trends, and future prospects. The presence of inconsistencies in the process of providing remote banking services by commercial banks and the varying quality of remote banking services require special attention to be paid to this area. In the world, commercial banks are paying attention to scientific research aimed at the development of remote services and the introduction of new modern banking services and their quality improvement. This article focuses on the possibilities of developing remote banking services in commercial banks, on the fact that the criteria associated with the provision of remote banking services by banks are not reflected in the banking strategy, the types and quality of banking services are undergoing major changes, the establishment of mutual cooperation relations with foreign banks, as well as the positive application of foreign experience in Uzbekistan.

Keywords: internet banking, system, service, mobile applications

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