PROSPECTS FOR THE DEVELOPMENT OF VIRTUAL BANKS (NEOBANKS) IN UKRAINE

Author:

Kozlianchenko Olena , Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Anastasia Berezan , Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, Ukraine).

Language: ukrainian

Annotation:

Within the article, prospects for the development of virtual banks are examined, the main types and characteristics of virtual banks are considered, and reasons for the transition to virtual banking and the specifics of their work are identified. As this type of banking is the newest for the world financial system, then in this paper, the features of such types of banking business and their legislative regulation, which is especially relevant for Ukraine, where legislation in this area is far from perfect, are examined. Given that neo-banks originated abroad, an important aspect of the work is to study the world experience of virtual banks and their legal regulation. It should be noted that this type of banking is becoming increasingly popular in the world and more and more users are choosing virtual banks, as well as prospects for the development of non-banks in Ukraine are considered.

Key words:

banking sector; banking system; banking; neobanks; innovations; virtual bank; monobank; development; financial technologies

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