LEGAL FRAMEWORK FOR DIGITAL TRANSFORMATION OF RETAIL LENDING PRACTICES IN BANKS

Authors

Abstract

This article explores the regulatory framework and legal aspects that constitute yhe basis for the evolution of digital lending in the banking sector. In current financial landscape, banks are increasingly using digital technologies to transform retail lending practices. This article explores the digital transformation of retail lending and the legal frameworks that will regulate it, protect consumer rights, and ensure the integrity of financial systems.

Keywords:

lending risk digitization retail banking digital transformation retail lending

References

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LEGAL FRAMEWORK FOR DIGITAL TRANSFORMATION OF RETAIL LENDING PRACTICES IN BANKS. (2023). Economic Development and Analysis, 1(7), 32-42. https://doi.org/10.60078/2992-877X-2023-vol1-iss7-pp32-42