WFGV.2014.0011

DOI:10.14311/WFGV.2014.00011

INNOVATIVE ELECTRONIC-REMOTE FORMS OF BANKING SERVICES

I.V. Frolova¹*, N.Y. Lebedeva¹

¹Southern Federal University, Rostov-on-Don, Russian Federation

*Corresponding author. Email:IraRostov@mail.ru 

Abstract: The paper analyses specifics of financial innovations in the form of electronic-remote forms of obtaining banking services that improve flexibility and mobility of customer access to the funds, customer-bank interoperability, accessibility of non-cash operations and the speed of real-time banking operations. Use of the offered tools in the banking sector will allow increasing quality of administrative decisions which will positively affect development of the national economy as a whole. Application of the proposed balance sheet derivative instruments in the banking sector will improve the quality of management decisions in this area, which has a positive effect on the national economy in general.

KEYWORDS: banking products, financial innovation, remote forms of banking services, banking technologies, remote banking service, cash flows, electronic calculation.