Abstract:

The article analyzes the perspectives of big data in banking. In connection with the transition of the industry to big data, a new business model and financial platform is being formed. The following research hypotheses are raised: significant correlation links between the digitization of banks and the transition of the industry to big data; between digitization and the emergence of a new form of digital financial intermediation; between new technologies and the creation of a digital banking platform and the transition to an open banking platform; between the digitization of banking and the formation of a new financial ecosystem. The structuring and classification of data used in banks were carried out. The mechanism of using data in digital banks is revealed; the role of big data in the development of the model line used in banks is shown.

The paper revealed the link between the financialization of the economy and a significant increase in information flows in the banking sector. In turn, big data and digital banks have created an appropriate base for the further financialization of the economy. In turn, the transition to an open banking platform and the formation by banks of a new financial ecosystem will contribute to the further financialization of the economy.