Research Article
The Use of Information Technology in the Strategy of Internationalization Of Banking
@INPROCEEDINGS{10.4108/eai.6-1-2023.2330221, author={Yi Yao and Vladimir Grigoriev}, title={The Use of Information Technology in the Strategy of Internationalization Of Banking}, proceedings={Proceedings of the 2nd International Conference on Big Data Economy and Digital Management, BDEDM 2023, January 6-8, 2023, Changsha, China}, publisher={EAI}, proceedings_a={BDEDM}, year={2023}, month={6}, keywords={information technology world economy internationalization strategies banking transnational banks financial globalization}, doi={10.4108/eai.6-1-2023.2330221} }- Yi Yao
Vladimir Grigoriev
Year: 2023
The Use of Information Technology in the Strategy of Internationalization Of Banking
BDEDM
EAI
DOI: 10.4108/eai.6-1-2023.2330221
Abstract
The internationalization of banking is impossible without the intensive introduction of the latest achievements of scientific and technological progress in banking. The relevance of the topic is due to the need to optimize the management of information resources in the banking sector. In terms of their importance, automated information systems nowadays occupy one of the leading places in the banking sector. It is impossible to imagine a single modern bank that would not use computer technology. The rapid growth of scientific and technological progress and new information technologies have a significant impact on the overall assessment of the bank's attractiveness. The development of the technological process allows not only to increase the speed of processing documents and conducting cash transactions, but also to expand the clientele. In turn, the development of information technologies can significantly reduce the distance between the producer and consumer of banking services, increase the competition of banks in the international market and contribute to the development of banking services.
