DEVELOPMENT OF THE DIGITAL BANKING SYSTEM AND ITS IMPACT ON THE ECONOMY

Abstract

This article examines the development of digital banking systems and their impact on the modern economy. It analyzes how digital transformation in the banking sector improves efficiency, accessibility, and financial inclusion. The study is based on the works of foreign, CIS, and Uzbek scholars. The paper also explores the challenges and opportunities associated with digital banking and provides recommendations for its sustainable development.