ISSUES OF DIGITALIZATION OF THE BANKING SYSTEM IN UZBEKISTAN

Today, the rapid development of the digital economy is considered one of the key conditions for achieving sustainable growth. The digital economy and digital technologies are also rapidly penetrating the banking system. The digitalization of banks contributes to improving the quality of banking services and eliminating various administrative barriers. The article examines the functioning mechanisms and evolution of modern innovations in the financial sector and analyzes digital solutions for use in the banking industry.