Digital modernization of banking activities

The introduction of modern digital technologies dictates new rules of the game in the financial market. The new realities require banking institutions to change the classic business models. The article examines the process of digital transformation of the banking sector, the transition from traditional classic offline offices to modern ecosystems with numerous services. Various approaches to the concept of ecosystem are presented. The prerequisites for the emergence of financial ecosystems are analyzed, and the risks of digital modernization of banking activities are noted.