Advanced Banking for Digitalization in Animal Husbandry

Abstract

The article describes ICT innovations in modern banking and the transition to open banking. Platforms for fast money transfers, movement schemes for transactions and types of services are presented. Possibilities for digitalization of financial operations in animal husbandry are discussed. Factors such as reducing costs, increasing efficiency, facilitating and improving decision-making in the overall management of the financial, economic and reporting activities of a livestock farm are analyzed.