Abstract
The article presents a direction of minimizing the risks of payment systems of banking institutions in the context of the development of digitalization of the economy and the impact of environmental factors on the functioning of payment market participants. In order to identify the characteristic features of threats to corporate banking operations under the influence of environmental factors, the category "risk of payment systems of banking institutions" is proposed. It is substantiated that unpredictable deviations from the expected results of using financial instruments in interbank money transfer systems, which provide money circulation through active-passive operations, reduce the volume of operating activities of banking institutions, their settlement processes for payments and transfers of participants and users of payment systems. It is proved that the division of risks into specific and individual allows to assess the state of the payment system in two directions: internal - on the technology of settlement operations, which depend entirely on the activities of payment system participants, and external, which does not depend on the behavior of payment system counterparties. It is proved that the process of minimizing the risks of payment systems should be considered in the form of a mechanism that allows determining the main aspects of the use of financial instruments and regulating the operation of cash regulators in banking institutions involved in this process. The categorical-conceptual apparatus concerning the mechanism of minimization of risks of payment systems of banking institutions is offered. A comprehensive approach to the formative process of the mechanism of minimizing the risks of payment systems of banking institutions, which clearly regulates the relationship of all its structural elements aimed at achieving the strategic objectives of banks' operations. The elements of the mechanism of minimizing the risks of payment systems of banking institutions are determined. The environment of action of organizational and economic components of the mechanism of minimization of risks of payment systems of banking institutions is detailed.
Highlights
MINIMIZATION OF RISKS OF PAYMENT SYSTEMS OF BANKING INSTITUTIONSЕ. н., професор, професор кафедри фінансів, банківської справи та страхування, Таврійський державний агротехнологічний університет імені Дмитра Моторного
PhD in Economics, Associate Professor, Associate Professor of the Department of Finance, Banking and Insurance, Dmytro Motornyi Tavria State Agrotechnological University ORCID ID: 0000-0003-3764-8380
It is proved that the division of risks into specific and individual allows to assess the state of the payment system in two directions: internal - on the technology of settlement operations, which depend entirely on the activities of payment system participants, and external, which does not depend on the behavior of payment system counterparties
Summary
Е. н., професор, професор кафедри фінансів, банківської справи та страхування, Таврійський державний агротехнологічний університет імені Дмитра Моторного. Е. н., доцент, доцент кафедри фінансів, банківської справи та страхування, Таврійський державний агротехнологічний університет імені Дмитра Моторного К. е. н., доцент, доцент кафедри фінансів, банківської справи та страхування, Таврійський державний агротехнологічний університет імені Дмитра Моторного
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