scholarly journals The Main Features of the Use of Digital Technologies in the Financial and Banking Sector

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 1326-1341
Author(s):  
Elena Anatolyevna Kirillova ◽  
Varvara Vladimirovna Bogdan ◽  
Elena Victorovna Blinkova ◽  
Teymur Zulfugarzade ◽  
Kseniya Vasilyevna Yunusova
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Banking Sector ◽  
Reliability And Validity ◽  
Digital Technologies ◽  
High Tech ◽  
The Internet ◽  
Financial Activity ◽  
Online Sales ◽  
Digital Services

The relevance of the research is dictated by the introduction of innovations in banking operations. Classical financial and credit institutions are transformed into high-tech platforms that can create new profit algorithms, using artificial intelligence, Big Data technology, and a global information base. The purpose of this study is to analyze the demand for digital services in the banking sector by customers and to propose criteria for determining the degree of digitalization of banks. The statistical method and the method of evaluating the activities of organizations taking into account the fact of digitalization have been used. To obtain objective results, various tools have been used to analyze the information space of the Internet: tools for analyzing search queries "Google Trends" and "Yandex Wordstat" to determine the relevance of providing digital services to customers. The technical part of the study, which is directly related to obtaining information from the Internet using both software tools and "manually", was conducted in the period from 2016 to 2021. The results of the study show the connection between the introduction of innovations and the reform of the financial and banking sector. The data was collected from 150 respondents who are experts in the implementation of digital technologies – artificial intelligence, Big Data, blockchain in the field of financial activity. A confirmatory analysis has been conducted to assess the reliability and validity of the digital technologies used in the financial and banking sector. The study proposes a method for assessing the degree of digitalization of banks: by the level of automation of the main processes; by the number of services provided online; by the speed of operations; by the availability of online services around the clock; by the range of digital technologies used; by the volume of online sales and the volume of transactions conducted using digital technologies.

TAX ADMINISTRATION IN THE DIGITAL ECONOMY: PROSPECTS FOR DEVELOPMENT

2021 ◽  
Vol 14 (1) ◽  
pp. 152-158
Author(s):  
Olga Valentinovna MANDROSHCHENKO ◽  
◽  
Sergey Valentinovich BOGACHOV ◽  
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Economy ◽  
Pharmaceutical Market ◽  
Information Space ◽  
Tax Administration ◽  
Rfid Tags ◽  
Qr Codes ◽  
Online Sales ◽  
Leading Position

In the field of the use of digital technologies in tax administration, Russia occupies a leading position. The main results of the work of the Federal Tax Service of Russia in this direction are increasing tax collection, bringing business out of the shadows through the introduction of a system for controlling VAT refunds (ASK VAT-2), online sales registers, marking goods with RFID tags (fur market) and QR codes (pharmaceutical market), electronic offices of taxpayers. However, the prospects for the introduction of digital technologies in the field of tax administration are associated with the construction of the architecture of a single information space through the use of blockchain technologies and artificial intelligence, which is reflected in this article.

scholarly journals Digitalization trend in business

2021 ◽  
Vol 284 ◽  
pp. 07008
Author(s):  
Oksana Pirogova ◽  
Nadezhda Savelyeva ◽  
Tatiana Timkina
Keyword(s):  
Business Processes ◽  
Banking Sector ◽  
Development Trend ◽  
The Internet ◽  
Service Model ◽  
Software Products ◽  
Market Participants ◽  
Digital Services ◽  
Commodity Money ◽  
Patterns Of Behavior

The aftermath of the pandemic in 2020 shocked the country’s economy, but at the same time, the desire to keep the business allowed, in record time, to completely rebuild the usual patterns of behavior in the implementation of business processes across all sectors of the economy. The inability to go to work, solve everyday issues, carry out a commodity-money exchange, allowed the remote service model to burst so rapidly. The construction of a mechanism for the formation of work on the basis of electronic platforms, software products, Internet sources made it possible to form a single development trend - digitalization. This process is inextricably linked with the Internet, the digitization of the actions of all market participants. In this article, using the banking sector as an example, the main problems of modern digital services are considered, based on which the main directions of innovation are put forward, as well as promising areas of investment are substantiated.

Artificial Intelligence in the Banking Sector: Opportunities and Challenges

2021 ◽  
pp. 81-97
Author(s):  
Galina Semeko ◽  
Keyword(s):  
Artificial Intelligence ◽  
Banking Sector ◽  
High Tech ◽  
The World ◽  
The Face

The article deals with the problems of using artificial intelligence technologies in the banking sector in the world in general and in Russia in particular. Characterizes the potential of artificial intelligence technologies and their role in increasing the competitiveness of banks in the face of in Creasing competition from new high-tech financial providers. Presentes an analysis of the factors hampering the introduction of artificial intelligence technologies in banks.

Big Data, Artificial Intelligence, and the Internet of Things in Cross-Border E-Commerce

2021 ◽  
pp. 257-272
Author(s):  
Aboobucker Ilmudeen
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Internet Of Things ◽  
Economic Globalization ◽  
The Internet ◽  
Technological Revolution ◽  
Cross Border ◽  
Wide Range ◽  
The Internet Of Things

Today, the terms big data, artificial intelligence, and internet of things (IoT) are many-fold as these are linked with various applications, technologies, eco-systems, and services in the business domain. The recent industrial and technological revolution have become popular ever before, and the cross-border e-commerce activities are emerging very rapidly. As a result, it supports to the growth of economic globalization that has strategic importance for the advancement of e-commerce activities across the globe. In the business industry, the wide range applications of technologies like big data, artificial intelligence, and internet of things in cross-border e-commerce have grown exponential. This chapter systematically reviews the role of big data, artificial intelligence, and IoT in cross-border e-commerce and proposes a conceptually-designed smart-integrated cross-border e-commerce platform.

Digital Degradation

2020 ◽  
pp. 113-136
Author(s):  
Sarah Esther Lageson
Keyword(s):  
Big Data ◽  
Criminal Justice ◽  
Criminal Justice System ◽  
Social Inequality ◽  
Justice System ◽  
Digital Technologies ◽  
The Internet ◽  
Technological Systems ◽  
Big Data Technologies ◽  
The Government

Interviews with more than 100 people whose records appear online show how the ability to manage digital punishment is directly tied to a person’s familiarity with technological systems and their faith in bureaucracy. Instead of confronting the government or the criminal justice system, many people engage in digital avoidance, afraid that any attempts will only make the problem worse. This intersection between the criminal justice system and technology reproduces social inequality at the speed of the internet, disproportionately impacting people who have less access to and command over digital technologies. This chapter discusses the qualities of digital punishment, the strategies people who are experiencing digital punishment deploy to deal with their online stigma, and an explanation for why many people choose to engage in digital avoidance rather than try to have their online record removed. Rooted in theories of the digital divide and the disparate impact of big data technologies, the chapter concludes with a discussion of how digital punishment challenges long-held theories of criminal stigma, desistance, and rehabilitation.

scholarly journals Digital Economy and Anti-Corruption: New Digital Models

2019 ◽  
Vol 71 ◽  
pp. 03004
Author(s):  
E.L. Sidorenko ◽  
A.A. Lykov
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Internet Of Things ◽  
Crime Prevention ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Models ◽  
Research Results ◽  
Corruption Prevention

The authors of this paper consider promising areas of the corruption prevention using the latest digital technologies: Blockchain, Internet of Things, Artificial Intelligence and Big Data. The purpose of this research is the analysis of advantages of the digital economy development in terms of solving social problems and crime prevention. The authors also show functional digital models of the anti-corruption compliance are defined. In addition, the research results include the determination of some shortcomings of the proposed models associated with the imperfection of the current legislation.

scholarly journals Law in Context for the Digital Age

2019 ◽  
Vol 36 (1) ◽  
pp. 3-11
Author(s):  
Pompeu Casanovas ◽  
Jianfu Chen ◽  
David Wishart
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Internet Of Things ◽  
Digital Age ◽  
The Internet ◽  
Historical Account ◽  
Web Of Data ◽  
The Law ◽  
The Internet Of Things ◽  
The Web

We introduce both the new inception of Law in Context - A Socio-legal Journal and the continuing issue of LiC 36 (1). The editorial provides a brief historical account of the Journal since its inception in the early 1980s, in the context of the evolution of the Law & Society movement. It also describes the changes produced in the digital age by the emergence of the Web of Data, Big Data, and the Internet of Things. The convergence between Law & Society and Artificial Intelligence & Law is also discussed. Finally, we introduce briefly the articles included in this issue.          

scholarly journals The ideology of information and computer technology as a vector of development of intellectual resources in a digital society

2019 ◽  
Vol 31 (1) ◽  
pp. 84-88
Author(s):  
N. Kirichenko
Keyword(s):  
Artificial Intelligence ◽  
Human Resources ◽  
Computer Technology ◽  
High Tech ◽  
The Internet ◽  
Digital Society ◽  
Technological Unemployment ◽  
Computer Technologies ◽  
Information And Computer Technology ◽  
The World

The relevance of the study of this problem is that information and computer technologies contribute to the development of digital society, based on the development of human resources that are intellectual capital.  Information and computer technology affect the development of machines that replaced people and gave rise to "technological unemployment."  The purpose of the study is to show how the information revolution of the twenty-first century contributes to the reduction of labor as a result of progressive robotization.  The technologies that are used today to replace people are different; the need for human resources is reduced thanks to robots, computers and other high-tech gadgets.  Methods of theoretical analysis - deduction and induction, historical and logical, comparative and structural-genetic analysis, information method, which contribute to the insight into the essence of the phenomenon under study as a complex phenomenon and dynamic process.  Results: It has been proven that, thanks to various well-known developments in information-computer technologies and robotics, many experts believe that society is at an early stage of the new industrial (post-industrial) revolution, which in the future can change the way people live and work just like  200 years ago made a steam engine.  Technological unemployment is one of the main reasons for the increase in the overall unemployment rate in Western countries over the past 30 years.  Although to some extent this is due to the demographic revolution and the changing structure of the economy in many countries, the development of information and computer technologies, as well as other types of automation and the Internet have played a significant role, especially since 2000.  Findings.  We have shown that many jobs with cheap labor can disappear, because the digital society focuses on the development of human (intellectual) resources.  The world is turning into a digital society and the world is ruled by a figure based on intelligence, intelligence, algorithms, digitalization.  The digital society consists of a set of algorithms that are controlled by information and computer technologies that penetrate digital management, which is based on intellectual-rational force represented by human resources.  It is human resources that develop robotics, artificial intelligence, computerization, mechanization, robotization, which are based on robotics, artificial intelligence.  These varieties of digital society will accelerate the potential for long-term productivity gains through intellectualization.  Practical recommendations - to develop a small business that rests on the network of intelligent platforms, in connection with which to create jobs on the Internet and create new types of employment.

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