Effect of Innovation on Management Systems in Banking Services

Abstract

The technological development affecting the functioning of the banking and financial sector is a major challenge for the management of a complex system such as a bank. The challenges associated with it concern the broad spectrum of the bank’s activities both in the product area and in the organization management. The aim of the work is to present selected examples of challenges, especially in the context of the practical functioning of a complex system, as well as to present the impact of innovation on management systems in banking services