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Interdisciplinary Studies

OPEN BANKING AND FINTECH INTEGRATION IN UZBEKISTAN COMMERCIAL BANKS: PROBLEMS AND DEVELOPMENT DIRECTIONS

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Abstract

This article analyzes the issues of implementing the principles of Open Banking in Uzbek commercial banks and integrating with fintech companies. The development of open banking ecosystems in world practice, the economic impact of API integration and the opportunities and obstacles in the Uzbek banking system are considered. Based on the results of the study, practical recommendations are provided for implementing an open banking architecture in the national banking system and strengthening bank-fintech cooperation.

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References

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