THE DEVELOPMENT OF THE DIGITALIZATION OF BANKING SERVICES IN KAZAKHSTAN

2018

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DOI 10.31882/2311-4711.2018.24.32
Data confidence 70 medium
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Abstract

Development of a didzhitalization of bank service in Kazakhstan, in particular Internet banking and mobile banking are modern trends of digitalization of the payment industry, having growth potential observed in foreign practice on the example of functioning of digital banks. Transition to digital business models of banks is connected with a long-term outlook of development of banking business in conditions of new calls and threats. Active development of digital technologies led to change of business models of rendering services within implementation of the state program «Digital Kazakhstan». Remote channels of bank service have a set of advantages before traditional granting banking products. On the other hand, it is necessary to provide the high level of informationsecurity of banks for prevention of cyberthreats. In this regard in Kazakhstan the National Bank of Kazakhstan accepted the Strategy of cyber security of the financial sector of the Republic of Kazakhstan for 2018-2022.