{"id":"https://openalex.org/W3216957331","doi":"https://doi.org/10.37332/2309-1533.2021.5-6.16","title":"OPEN-BANKING AS A TREND IN THE DEVELOPMENT OF FINANCIAL TECHNOLOGIES","display_name":"OPEN-BANKING AS A TREND IN THE DEVELOPMENT OF FINANCIAL TECHNOLOGIES","publication_year":2021,"publication_date":"2021-01-01","ids":{"openalex":"https://openalex.org/W3216957331","doi":"https://doi.org/10.37332/2309-1533.2021.5-6.16","mag":"3216957331"},"language":"en","primary_location":{"id":"doi:10.37332/2309-1533.2021.5-6.16","doi":"https://doi.org/10.37332/2309-1533.2021.5-6.16","is_oa":true,"landing_page_url":"https://doi.org/10.37332/2309-1533.2021.5-6.16","pdf_url":"http://inneco.org/index.php/innecoen/article/download/845/922","source":{"id":"https://openalex.org/S4210170711","display_name":"INNOVATIVE ECONOMY","issn_l":"2309-1533","issn":["2309-1533","2310-4864"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["erih-plus"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"INNOVATIVE ECONOMY","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://inneco.org/index.php/innecoen/article/download/845/922","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5088106705","display_name":"Zhanna Dovhan","orcid":"https://orcid.org/0000-0002-3952-443X","observed_orcids":["https://orcid.org/0000-0002-3952-443X"]},"institutions":[{"id":"https://openalex.org/I160977438","display_name":"West Ukrainian National University","ror":"https://ror.org/047988g19","country_code":"UA","type":"education","lineage":["https://openalex.org/I160977438"]}],"countries":["UA"],"is_corresponding":false,"raw_author_name":"Zhanna Dovhan","raw_affiliation_strings":["West Ukrainian National University, Ternopil","dr.sc.(econ.), professor, professor at the department of banking business, West Ukrainian National University, Ternopil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"West Ukrainian National University, Ternopil","institution_ids":["https://openalex.org/I160977438"]},{"raw_affiliation_string":"dr.sc.(econ.), professor, professor at the department of banking business, West Ukrainian National University, Ternopil","institution_ids":["https://openalex.org/I160977438"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5062104931","display_name":"Yuliia Halitseiska","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I160977438","display_name":"West Ukrainian National University","ror":"https://ror.org/047988g19","country_code":"UA","type":"education","lineage":["https://openalex.org/I160977438"]}],"countries":["UA"],"is_corresponding":false,"raw_author_name":"Yuliia Halitseiska","raw_affiliation_strings":["West Ukrainian National University, Ternopil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"West Ukrainian National University, Ternopil","institution_ids":["https://openalex.org/I160977438"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I160977438"],"apc_list":null,"apc_paid":null,"fwci":1.8906,"has_fulltext":true,"cited_by_count":10,"citation_normalized_percentile":{"value":0.88598515,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":null,"issue":"5-6","first_page":"111","last_page":"116"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.9911999702453613,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.9911999702453613,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.007600000128149986,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/open-banking","display_name":"open banking","score":0.9940000176429749},{"id":"https://openalex.org/keywords/fintech","display_name":"fintech","score":0.902999997138977},{"id":"https://openalex.org/keywords/third-party-service-providers","display_name":"third-party service providers","score":0.7960000038146973},{"id":"https://openalex.org/keywords/application-programming-interfaces","display_name":"application programming interfaces","score":0.7710000276565552},{"id":"https://openalex.org/keywords/psd2","display_name":"PSD2","score":0.902999997138977},{"id":"https://openalex.org/keywords/digital-ecosystems","display_name":"digital ecosystems","score":0.8740000128746033},{"id":"https://openalex.org/keywords/bank-digitalization","display_name":"bank digitalization","score":0.6000000238418579},{"id":"https://openalex.org/keywords/swot-analysis","display_name":"SWOT analysis","score":0.7580000162124634},{"id":"https://openalex.org/keywords/ukraine","display_name":"Ukraine","score":0.35199999809265137}],"concepts":[{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.6548475027084351},{"id":"https://openalex.org/C119059837","wikidata":"https://www.wikidata.org/wiki/Q175096","display_name":"SWOT analysis","level":2,"score":0.6485015749931335},{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.6246428489685059},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5553699731826782},{"id":"https://openalex.org/C139043278","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial services","level":2,"score":0.4299051761627197},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.41884756088256836},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.4148826599121094},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.3414396643638611},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.29036837816238403},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.2461751401424408},{"id":"https://openalex.org/C190248442","wikidata":"https://www.wikidata.org/wiki/Q839486","display_name":"Qualitative research","level":2,"score":0.20523694157600403},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.37332/2309-1533.2021.5-6.16","doi":"https://doi.org/10.37332/2309-1533.2021.5-6.16","is_oa":true,"landing_page_url":"https://doi.org/10.37332/2309-1533.2021.5-6.16","pdf_url":"http://inneco.org/index.php/innecoen/article/download/845/922","source":{"id":"https://openalex.org/S4210170711","display_name":"INNOVATIVE ECONOMY","issn_l":"2309-1533","issn":["2309-1533","2310-4864"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["erih-plus"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"INNOVATIVE ECONOMY","raw_type":"journal-article"},{"id":"pmh:oai:ojs.inneco.org:article/828","doi":null,"is_oa":true,"landing_page_url":"https://inneco.org/index.php/index/article/view/828","pdf_url":null,"source":{"id":"https://openalex.org/S4210170711","display_name":"INNOVATIVE ECONOMY","issn_l":"2309-1533","issn":["2309-1533","2310-4864"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["erih-plus"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"10.37332/2309-1533.2021.5-6.","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.37332/2309-1533.2021.5-6.16","doi":"https://doi.org/10.37332/2309-1533.2021.5-6.16","is_oa":true,"landing_page_url":"https://doi.org/10.37332/2309-1533.2021.5-6.16","pdf_url":"http://inneco.org/index.php/innecoen/article/download/845/922","source":{"id":"https://openalex.org/S4210170711","display_name":"INNOVATIVE ECONOMY","issn_l":"2309-1533","issn":["2309-1533","2310-4864"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["erih-plus"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"INNOVATIVE ECONOMY","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure","score":0.7207000255584717}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3216957331.pdf","grobid_xml":"https://content.openalex.org/works/W3216957331.grobid-xml"},"referenced_works_count":3,"referenced_works":["https://openalex.org/W2983790769","https://openalex.org/W3005974346","https://openalex.org/W3155273459"],"related_works":["https://openalex.org/W7214510694","https://openalex.org/W4407766787","https://openalex.org/W4399350730","https://openalex.org/W7214006536","https://openalex.org/W4415877839","https://openalex.org/W3024720021","https://openalex.org/W7070391864","https://openalex.org/W3195185499","https://openalex.org/W3164605223","https://openalex.org/W3154812038"],"abstract_inverted_index":{"Purpose.":[0],"The":[1,44,71,139,158,272],"aim":[2],"of":[3,15,28,38,42,49,56,64,92,96,105,110,132,141,149,163,177,179,185,194,235,241,249,257,284,309,320],"the":[4,13,36,50,53,62,80,87,103,153,183,192,195,204,216,233,247,282,318],"article":[5],"is":[6,198,211],"identifying":[7,26],"opportunities":[8,243],"and":[9,25,32,46,58,74,89,99,107,113,121,129,147,161,171,227,239,244,300,329],"threats":[10],"arising":[11],"from":[12],"introduction":[14],"new":[16,321,323],"digital":[17,268,314,343],"technologies":[18,336],"by":[19,166],"global":[20],"banking,":[21,251],"in":[22,35,67,78,102,152,182,215,232,246,286,307],"particular":[23],"open-banking":[24,146,180,201,285],"areas":[27],"cooperation":[29,258],"between":[30],"banks":[31,168,170,301],"third-party":[33,260],"providers":[34,261],"context":[37,248],"open":[39,164,221,250,298,310],"banking.":[40],"Methodology":[41],"research.":[43],"theoretical":[45,88,119],"methodological":[47],"basis":[48],"study":[51,104],"was":[52],"scientific":[54],"works":[55],"domestic":[57,108,287],"foreign":[59,106],"scientists":[60],"on":[61,203,281,297],"development":[63],"modern":[65],"trends":[66],"innovative":[68,143,291],"financial":[69,93,217,229,335],"technologies.":[70],"following":[72],"approaches":[73],"methods":[75,124],"were":[76,135],"used":[77,277],"writing":[79],"article:":[81],"system":[82],"approach":[83],"-":[84,101,116],"to":[85,191,223,266,312],"substantiate":[86],"applied":[90],"principles":[91],"technology;":[94],"method":[95,115,131],"complex":[97],"analysis":[98],"synthesis":[100],"experience":[109,181],"open-banking;":[111],"abstract":[112],"logical":[114],"when":[117],"substantiating":[118],"generalizations":[120],"conclusions.":[122],"Research":[123],"such":[125,142],"as":[126,145,252,254,289],"comparative-analytical,":[127],"observation":[128],"tabular":[130],"presenting":[133],"information":[134],"also":[136],"used.":[137],"Findings.":[138],"essence":[140],"technology":[144],"possibilities":[148],"its":[150],"implementation":[151,178,283],"banking":[154,165,224,299],"business":[155],"are":[156,174,187],"determined.":[157],"main":[159],"advantages":[160],"disadvantages":[162],"commercial":[167],"for":[169,278],"their":[172],"customers":[173],"summarized.":[175],"Possibilities":[176],"realities":[184],"Ukraine":[186],"substantiated.":[188],"Originality.":[189],"According":[190],"results":[193,274],"study,":[196],"it":[197],"substantiated":[199],"that":[200],"based":[202],"API":[205],"protocol,":[206],"Third":[207],"Party":[208],"Provider":[209],"(TPP)":[210],"an":[212],"important":[213],"trend":[214],"industry,":[218],"which":[219],"provides":[220],"access":[222],"services,":[225],"transactions":[226],"other":[228],"data.":[230],"Also":[231],"process":[234],"SWOT-analysis":[236],"identified":[237],"strengths":[238],"weaknesses":[240],"banks,":[242],"risks":[245],"well":[253],"proposed":[255],"forms":[256],"with":[259,317],"(for":[262],"example,":[263],"fin-tech":[264],"companies)":[265],"promote":[267,313],"ecosystems.":[269,344],"Practical":[270],"value.":[271],"obtained":[273],"can":[275],"be":[276],"further":[279],"research":[280],"practice,":[288],"this":[290],"tool":[292],"has":[293],"a":[294,304],"stimulating":[295],"effect":[296],"must":[302],"develop":[303],"digitization":[305],"strategy":[306],"terms":[308],"APIs":[311],"ecosystems,":[315],"especially":[316],"emergence":[319],"competitors,":[322],"technological":[324],"trends,":[325],"changing":[326],"customer":[327],"needs":[328],"regulations":[330],"(PSD2).":[331],"Key":[332],"words:":[333],"bank,":[334],"(fin-tech),":[337],"digitalization,":[338],"open-banking,":[339],"API,":[340],"TTP,":[341],"PSD2,":[342]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3}],"updated_date":"2026-10-03T13:16:28.481748","created_date":"2021-12-06T00:00:00"}