Abstract:
The article examines the specifics of the development of the banking payment services
market in the context of the European vector of the development of the digital economy. It is proven
that modern banks operate in a state of rapid and irreversible technological changes, where dynamic
fluctuations of the banking services market under the influence of constant changes in customer
behavior require innovative payment tools and regulatory levers of payment systems in the global
digital space. It is justified that the payment system at the mega-economic or global level is a "digital
platform of electronic payments" of those states that provide international payment flows coordinated
by payment instruments and regulated by the payment systems oversite. Areas of ensuring
confidentiality and security of banking customer service are developed on the basis of modern online
banking and FinTech innovations. From the point of view of the control function, the payment system
oversight is a regulatory lever of the market of bank payment services, which ensures the safety and
efficiency of the functioning of electronic cash flows, their monitoring in payment systems, and it is also
a digital tool for the confidentiality of information
