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DIGITALIZATION OF THE BANKING SECTOR: NEW CHALLENGES AND PROSPECTS

Russian banks from the Top 30 see the future for the transformation of banking institutions with the provision of a wide range of services. These banks began to invest heavily in the development of financial IT technologies that help in the development and implementation of innovative pilot projects. 
The banking sector of Russia, under the influence of the pandemic and universal self-isolation, has entered the top five most successful countries offering digital banking opportunities. The critical situation was the impetus for the introduction of IT-technologies in the banking sector.