DOI: https://doi.org/10.36719/2789-6919/45/55-62
Aytaj Rahimli
Baku State University
PhD student
https://orcid.org/0009-0004-6776-9874
aytacrahimli1@gmail.com
The Role of Modern Banking Technologies in Optimizing Active Operations
Abstract
This article investigates the role of digitalization, driven by the rapid advancement of banking technologies, and its impact on banks’ asset management and operational efficiency. The widespread adoption of digital solutions, including mobile and internet banking, open banking initiatives, and API technologies, has enabled banks to deliver faster and more accessible services to customers. Blockchain technology, with its decentralized structure, enhances transparency and mitigates both credit risk and fraud. Analytical methods based on artificial intelligence and machine learning algorithms play a crucial role in optimizing banks’ credit portfolios, improving the precision of risk assessments, and forecasting liquidity. Additionally, big data analytics is utilized to conduct deeper analyses of customer behavior, enhance credit portfolio quality, and increase operational efficiency. The COVID-19 pandemic has accelerated the adoption of digitalization and underscored the strategic importance of digital technologies in banking management. Consequently, the integration of these technologies has contributed to improvements in operational speed, asset quality, and financial resilience, thereby providing banks with a sustainable competitive advantage.
Keywords: asset optimization, banking technologies, mobile and internet banking, open banking, blockchain, machine learning, big data