Analysis of foreign experience in improving financial efficiency through digital banking services

Abstract

This article examines the impact of digital banking services on financial efficiency and analyzes the experience of the United States, the European Union, South Korea, Singapore, and China. The findings indicate that the wider adoption of digital services reduces operational costs, expands customer coverage, accelerates transaction processing, and enhances banks' competitiveness. Based on international experience, practical recommendations are proposed for developing digital banking services, strengthening security, and expanding cooperation with the fintech sector in Uzbekistan.