ANALYSIS OF THE CURRENT STATE OF IMPLEMENTING INNOVATIVE TECHNOLOGIES IN THE BANKING SYSTEM OF UZBEKISTAN

Habibullo Norqulov; Shoxjahon Xazratullayev; Doniyorbek Raxmanov

Authors

Habibullo Norqulov Assistant, Samarkand Institute of Economics and Service
Shoxjahon Xazratullayev Students of the Part-Time Education Faculty Samarkand Institute of Economics and Service, Uzbekistan
Doniyorbek Raxmanov Students of the Part-Time Education Faculty Samarkand Institute of Economics and Service, Uzbekistan

Keywords:

Uzbekistan, Banking System, Innovative Technologies, Digital Transformation, Fintech, Financial Innovation, Digital Banking, Implementation Analysis

Abstract

This article provides a comprehensive analysis of the current state of innovative technologies within Uzbekistan's banking system. It examines the progress and challenges associated with integrating cutting-edge solutions such as digital banking platforms, fintech applications, artificial intelligence, and blockchain technology. The study identifies key drivers and barriers to digital transformation, including regulatory frameworks, infrastructure development, and human capital readiness. Ultimately, this research offers insights into strategic directions for enhancing technological adoption to foster a more efficient, competitive, and inclusive financial sector in Uzbekistan.