IMPROVING THE MECHANICS OF CONTROLLING THE FUNCTIONING OF THE BANKING SYSTEM IN THE DIGITAL ECONOMY
Keywords:
Digital economy, banking system, control mechanisms, regulatory frameworks, cybersecurity, financial stabilityAbstract
The advent of the digital economy has transformed the banking sector, introducing new opportunities and challenges for controlling and regulating the banking system. This article examines the necessary improvements in the mechanics of control within the banking sector to ensure stability, efficiency, and security in a rapidly evolving digital environment. The literature review highlights key areas of focus, including the role of digital technologies, enhanced regulatory frameworks, and the importance of cybersecurity. The findings suggest that a holistic approach, combining advanced technological tools with robust regulatory oversight, is essential for effective control in the digital economy.
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